It’s worth nearly $70 billion, operates in 633 cities around the world, and has fundamentally changed how people travel. In India, Uber is still fighting an expensive ground war against a strong competitor, Ola, and in the U.S. the company has started to cede ground to its rival Lyft. Once, it’s mentioned as a use case for UberCab. If you continue browsing the site, you agree to the use of cookies on this website. Uber wanted to initially target professionals, and even back then said it would incentivise its drivers — even today, Uber drivers earn a majority of their income through incentives and bonuses. What will Thanksgiving look like this year?

Jeff Bezos' 2016 Letter to Amazon Shareholders, How to Build an Economic Model in Your Spare Time. And that kind of work takes resources. Cabs in 2008 • Most use aging & inefficient technology – Radio dispatch, no 2-way communication – Most common car, Ford Crown …

Uber knew this from day one and focused their deck on showing how the service reduced user friction through one-click pickup, cheaper prices (to make you want to use it more), GPS tracking, and the chance to rate drivers to promote exceptional customer service. And the best case scenario for the company, in their opinion, involved them  becoming a market leader with over a billion dollars in yearly revenue. In 2008, Uber was still called UberCab, and hadn’t even developed its app. Joe Biden needs to avoid a return to “eat your peas” budgeting. Social media is making a bad political situation worse. 19 rausch street, ste c, san francisco, ca 94103 (888) 461 8180 The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. In this pitch deck from 2008, we get a lot of insights into what would eventually become a ubiquitous service and change the way people get from place to place. Welcome. If you haven’t, help us keep our journalism free for everyone by making a financial contribution today, from as little as $3. 18,200  crore) last year.

The best way to know your ideal customer? Uber is no longer the chauffeur experience that UberCab was intended to be. With all the headlines that Uber has made in the past year, it's interesting to look back and see where it all started. Uber was originally built as a budget limo service after the founders ended up spending a small fortune getting around on New Year's Eve. In 2008, Uber was still called UberCab, and hadn’t even developed its app. So how did it all start? Uber's 2008 pitch deck shows just how much Uber has grown since its initial vision as a competitor to taxis.

As we are all aware of how big Uber became, their pitch deck …

Facebook, Twitter, and YouTube are bracing for more misinformation. The company reported $6.5 billion last year, so it looks like even their original best-case scenario was off (in a good way). The former CEO of Google has applied to become a citizen of Cyprus. Several features, which have been thought to be behind Uber’s success, were already enshrined in the document — even in 2008, Uber always wanted rides to be cashless and friction free. Luckily for any aspiring entrepreneur, Uber co-founder Garrett Camp recently released Uber's first pitch deck ever, and it's full of lessons and psychological tricks for any startup looking to disrupt major industries and become a billion-dollar business. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. For one, the company has continued to expand the kinds of cars that can drive on its platform in order to get more drivers. newsletter, Facebook’s election woes are headed to Georgia. They closed a $600k seed round with this deck. Uber didn’t roll out its ride-sharing service UberPool until 2014 and yet it’s mentioned twice in this 2008 deck. Paul Graham, founder of the Y Combinator startup accelerator explains how successful business ideas have three things in common: "they're something the founders themselves want, that they themselves can build, and that few others realize are worth doing." If you continue browsing the site, you agree to the use of cookies on this website. Axel Springer, Insider Inc.'s parent company, is an investor in Uber. Uber cofounder Garett Camp — who originally came up with the Uber idea before Travis Kalanick joined him — has shared Uber’s first ever pitch deck. Today, Uber is a global company with a growing on-demand food delivery business, a self-driving arm, and has gradually moved away from promoting its luxury service in some markets.

How Biden’s FCC could fix America’s internet.

But the next steps listed in the deck include buying more cars, and buying used cars for cheaper was listed as a future optimization. All rights reserved. Drivers aren’t employees and the company doesn’t own the cars.

The FCC can bring back net neutrality and help Americans stay connected during the pandemic — if everything goes its way now. since. As of this date, Scribd will manage your SlideShare account and any content you may have on SlideShare, and Scribd's General Terms of Use and Privacy Policy will apply. Professor at Toulouse University School of Management, IAE Toulouse, Toulouse 1 Capitole university school of management.

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