As a kid growing up in the suburbs, I got my driver’s license the day I turned 16. Being able to drive was a big deal. But we know that this desire to drive has been changing in profound ways. Here’s some recent stats on… Read More
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All posts tagged “uber”
Liquidity network effect
Uber filed its S-1 last week in anticipation of going public in May. The WSJ reported on it, here. These are always interesting documents because you get access to previously private information. Here we can see that Uber’s ride-hailing market share in the US is… Read More
IPOs and home prices
Fred Wilson made an interesting remark in his recent post about the current “IPO bonanza” that is taking place in the tech space. He is, of course, talking about the recent IPO of Lyft, the recent S-1 filings from Pinterest and others, and the expected… Read More
Mobility at CES
CES is underway right now in Las Vegas. About 200,000 people are in attendance. Since tech and mobility are today closely intertwined, the show has become an important platform for the automative industry. Here is a video showcasing BMW’s new iNext concept (expected by 2021):… Read More
To invest or not invest
We used Uber to get pretty much everywhere when we were in Rio de Janeiro. For reasons of convenience, cost, and safety, it just made the most sense. I can tell you that it felt a lot more valuable in place where you don’t speak… Read More
Oi Rio
I just arrived in Rio de Janeiro, which is where I’ll be for the next ten days. Here is a photo looking south from the rooftop of our hotel (more photos to follow on Instagram): Today was a fairly relaxed day after many hours of… Read More
Uber to go public in 2019
Last week it was announced that Uber had confidentially filed for an IPO (right after Lyft did the same). It could go public as early as Q1 of next year. And supposedly, a valuation of $120 billion is being tossed around. The company last raised… Read More
Uber to invest $200 million in Toronto
Uber CEO Dara Khosrowshahi was in Toronto today, where he announced that the company plans to invest more than $200 million over the next five years to expand the autonomous vehicle research lab that it already has here in the city. The Toronto outpost of… Read More
In defense of the gig economy
Bill Gurley – who by the way is an investor in Uber – has an interesting piece up on his blog about the thing he loves most about Uber. It is the ability for the network to level load on its own. And here’s what… Read More
1 out of 5 commuters in Manila relies on ride-hailing
Earlier this year Uber sold its Southeast Asia business to Grab. At the time, it was estimated that Grab had 95% of the ride-hailing market in Southeast Asia. That’s why Uber decided to sell. Instead of continuing to bleed, they figured it would be better… Read More
