Uber's Reverse Diligence

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Every company these days needs adequate protection when venturing into the AI realm. Vouch offers that protection, and listeners can save 10% on their first policy by going to vouch.us/acquired. During reverse diligence on Uber, the speaker talked to Travis, Ryan, Garrett, and other board members, conducting financial diligence. They joined Uber for the opportunity to work with great people and make an impact, building their own team and bringing in new talent.

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!

ACQ2 Show + LP Program:

Subscribe to our interview show, ACQ2!

Links

Ben & David on My First Million

Sponsors:
ServiceNow: https://bit.ly/acquiredsn
Vanta: https://bit.ly/acquiredvanta
Modern Treasury: https://bit.ly/acqtransfer

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.