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SF (Uber's most mature market) has grown 20%+ YOY from 2009 - 2014 based on some rough math: "When we got this company started (in 2009) we were pitching the s
by fraserharris 12y ago
SF (Uber's most mature market) has grown 20%+ YOY from 2009 - 2014 based on some rough math:
"When we got this company started (in 2009) we were pitching the seed round and we pulled a bunch of research from this report that showed that San Francisco total spend on taxi and limo was like 120 million bucks. But we’re a very healthy multiple bigger than that right now, just Uber in SF. So it’s not about the market that exists, it’s about the market we’re creating." - Travis Kalanick
[1] http://blogs.wsj.com/digits/2014/06/06/uber-ceo-travis-kalanick-were-doubling-revenue-every-six-months/ http://blogs.wsj.com/digits/2014/06/06/uber-ceo-travis-kalan...