I think the question of that last 2%, and then what is society ready? What safety will society underwrite to? Those two questions are for me unanswerable. My instinct is that you will see small scale, continued experiments kind of get bigger over the next five years,. But it's going to take a good 10 years for it to be a material part of our network or transportation at large. I'm curious too. If you could only own Uber Eats or Uber, the transportation business, which one would you rather own? Also Eats is a transportation business. It's just transportation of stuff. You're like, like, choose between your children. Like is it Georgia or
Uber CEO Dara Khosrowshahi dropped by the Acquired studio for an Eats delivery, so we broke out the cameras and asked him to hang out for a wide-ranging conversation. :) We talk about his 20 years working with Barry Diller, starting his career at Allen & Company, how the Uber CEO search process ACTUALLY went down… and oh yeah, the massive transformation that’s happened at Uber over the past few years. When Dara took over the company it was bleeding huge sums of cash, losing share to competitors and embroiled in one of the biggest corporate controversies in recent memory. Fast forward to today and it’s turned cashflow positive while also having tripled revenue to over $30B (on $120B in GMV) and solidified its rideshare dominance in the US. And in perhaps the biggest change, it’s done it all while staying out of the headlines. Tune in!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.