This Week in Startups Uber Q3 earnings, macro picture + Brinc Drones CEO Blake Resnick | E1602
Nov 3, 2022
Blake Resnick, CEO and founder of Brinc Drones, leads the charge in developing innovative drones tailored for first responders. In a captivating discussion, he shares the inspiration behind his mission to enhance safety during emergencies. The podcast dives into the critical role of drones in crisis management, showcasing technology designed for high-stakes scenarios, including SWAT operations. Blake also emphasizes the importance of real-world testing and customer feedback in refining these groundbreaking tools.
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Uber's Success
- Uber's Q3 earnings showed 72% revenue growth year over year and $358 million in positive free cash flow.
- This success follows a decade of Jason Calacanis defending the company.
Marketplace Levers
- Marketplaces have levers like pricing and take rates.
- Uber's profitability demonstrates how adjusting these levers can lead to success in different market conditions.
High Uber Driver Earnings
- Uber drivers earn an average of $36 per hour, exceeding minimum wage and many salaried jobs.
- This highlights the gig economy's potential as a flexible, high-earning opportunity.
