28:49Travis Kalanick at Startup School 2012
From Y Combinator · Published Jul 23, 2014 · Watch on YouTube
TL;DR
Uber is a two-year-old logistics company (no cars, no drivers) that grew 26% month-over-month, with 50% of all riders having ridden in the last 30 days and average monthly revenue per rider of $105. The company started as a lifestyle service for SF friends, then expanded to 17 cities, proving it was not a one-hit wonder.
Key insights
- 50% of all people who have ever ridden on Uber have ridden in the last 30 days (commerce engagement figure).
- Average rider pays ~$105/month (higher in SF); prices are probably too high.
- 26% month-over-month growth over 16–17 months means 16× size in 12 months; Sept over Aug was 29%.
Want the full analysis - every claim cited to the second it was said?
This page only shows a teaser. Sign up to chat with the complete, cited breakdown of "Travis Kalanick at Startup School 2012".