20VC: Uber CEO, Dara Khosrowshahi on Why Uber Eats is Not Losing the Fight to Doordash | Uber's M&A Strategy; A Scorecard Analysis from Careem to Postmates & Skip | Why Uber's Investment in Scooters was a Mistake | Secret to Marriage, Parenting & High Per
Dara Khosrowshahi, CEO of Uber and former CEO of Expedia, shares his journey from the Iranian Revolution to leading a global tech giant. He discusses Uber Eats’ strategies to compete with DoorDash, emphasizing the importance of capital allocation and decision-making frameworks. Dara reflects on the influence of his family's history on his leadership style and the value of trust in team dynamics. He also candidly addresses his missteps, including regrets over investments in scooters, proving that even powerful CEOs face tough lessons.
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question_answer ANECDOTE
Initial Rejection of Uber
Dara Khosrowshahi initially rejected the Uber CEO role, citing contentment at Expedia.
Daniel Ek challenged him, emphasizing the impact Uber could have, prompting Khosrowshahi to reconsider.
insights INSIGHT
Sustained Excellence
High performance in leadership means sustained results over time, not short-term gains.
Building a strong team and ensuring continued success even after leaving is key.
volunteer_activism ADVICE
Embrace Discomfort
Leaders must be willing to be misunderstood and go against the grain.
If the market believes in one trend, look for opportunities outside of groupthink.
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A Saga of Churchill, Family, and Defiance During the Blitz
Erik Larson
The book chronicles the period from May 1940 to May 1941, highlighting Churchill's leadership during the Battle of Britain and the Blitz. It draws on diaries, archival documents, and once-secret intelligence reports to provide a vivid portrayal of Churchill's family, including his wife Clementine, their children, and his close advisers. The narrative delves into the personal and political challenges faced by Churchill as he navigated the critical early months of World War II, emphasizing his eloquence, courage, and perseverance in the face of unrelenting horror[1][2][4].
Isaac Asimov's Foundations
Isaac Asimov's Foundations
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Isaac Asimov
Isaac Asimov's Foundation series is a landmark achievement in science fiction, exploring the rise and fall of galactic empires through the lens of psychohistory, a fictional science that allows for the prediction of societal trends. The series follows Hari Seldon, a brilliant mathematician who foresees the impending collapse of the Galactic Empire and devises a plan to shorten the ensuing dark age. The stories delve into themes of power, knowledge, and the unpredictable nature of human behavior. Asimov's intricate world-building and complex characters have captivated readers for generations, solidifying his place as a master of the genre. The series' exploration of societal dynamics and the impact of technology remains relevant and thought-provoking even today.
Dara Khosrowshahi is the CEO of Uber, where he has managed the company’s business in more than 70 countries around the world since 2017. Dara was previously CEO of Expedia, which he grew into one of the world’s largest online travel companies. Dara was promoted to Expedia CEO after serving as the Chief Financial Officer of IAC Travel. Before joining IAC, Dara served as Vice President of Allen & Company and spent a number of years as an analyst. He currently serves on the Board of Directors of Expedia and Catalyst.org and was previously on the board of the New York Times Company.
In Today's Episode with Dara Khosrowshahi We Discuss:
1. From the Iranian Revolution to One of the Most Powerful CEOs:
What is Dara running from? What is he running towards?
How did seeing his family lose everything impact his mindset to life and business?
What are 1-2 of Dara's biggest lessons from working with the legendary Barry Diller?
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