Uber isn't just a single startup,
it's essentially dozens of startups rolled into one because every time they
enter a new city they have to establish themselves from essentially nothing
(except whatever brand equity has reached the city ahead of them). This means
finding/training drivers, marketing to consumers, and building out local staff
to manage operations for that city. Uber was founded by Travis Kalanick And Garrett
Camp in 2009 when they developed transportation network. . They have a protocol of everything that must be
done, and in what order, and by who, to ensure the best chance of success in a
new city. So how has Uber grown so fast? Essentially, they figured out how to
grow in one locale and were relentless about refining their launch process to
recreate that initial success over and over in new cities. No plan works for
every city, and they've had to adapt in many situations, but it is still a
driving factor for their success. Uber
Co-Founder and CEO Travis Kalanick explains, “In the beginning, it was a
lifestyle company. You push a button and a black car comes up. Who’s the
baller? It was a baller move to get a black car to arrive in 8 minutes.” Uber ‘s
real skill is they have maniacal focus on delivering the best end-user experience, and
relentless operational execution.
; Like most great consumer technology companies. No wonder, what began in 2009 as a luxury car service in
San Francisco is now valued at $3.76 billion and operates in more than 35
cities worldwide. As of 2013 , Google
Ventures has officially cast their vote of confidence in the startup with a
$258 million investment—a full 86% of their $300 million annual budget—and for
good reason. The revenue is up 18% month over month.
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