3min chapter

Acquired cover image

The Uber IPO

Acquired

CHAPTER

Travis and Garrett on the Uber Idea and Travis on the Airbnb Idea.

Travis Kalanick and his friends were in Paris when they came up with the idea for Uber. They spent a lot of time sketching it out on paper tablecloths during dinner. Travis eventually convinced Garrett not to buy cars, instead using existing limo drivers who already had an app that could be put on their phones. He then decided to angel invest in this company as part of his other investments.

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