Sam Parr: Uber's 2008 seed deck framed $30M profit as realistic
Sam Parr · How I Went From Intern To CEO In 6 Months (My First Startup Gig) · Feb 5, 2024 · at 31:13
Sam Parr, co-host of My First Million, describes Uber's original pitch deck to illustrate the value of presenting balanced, probabilistic outcomes to investors.
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“So in 2008, Uber was just getting started. They're raising only 200,000 dollars. And on slide 20, They have a deck or a slide that says potential outcomes, and they say best case scenario becomes a market leader with over a billion dollars in annual revenue. Realistic scenario gets five percent of the top cities and we make around 20 or thirty million dollars a year in profit. Worst case, we say a 10 car hundred client services business and just save some time for San Francisco based executives”
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