2min chapter

Acquired cover image

The Lyft IPO

Acquired

CHAPTER

The Rise and Fall of the iPhone 3G and 3GS

The iPhone 3G or 3GS launched with an embedded GPS that could be used by third party applications and do things like summon a car to you wherever you are. And in total create like close to half a trillion dollars in value or am I over? No, it's like half a trillion to a trillion. If you add up all these companies internationally that all basically do this thing of bring a car to me right now when I push this button. Like crazy that, that, that adding that sensor and API to smartphones just enabled all this to happen.

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