Uber's Explosive Growth: Billions in Trips, Cash, and AI
A list of surprising and mind-bending stats from this conversation: - Uber blew through its entire annual AI budget in a single quarter - Devs in India are driving 10X the code commits they used to - Well over 10 billion trips a year - $10 billion in free cash flow (they were burning ~$4.5B/yr when Dara took over in 2017) - Uber Eats went from under $1 billion in gross bookings to over $100 billion under Dara - Over 30 AV partnerships, including Waymo, Nuro, and Lucid - Over 10 million couriers and drivers on the platform - Uber One has 50 million members, growing 50% year on year - Uber Reserve is a $5 billion-plus run rate business that didn't exist six years ago - Uber's feed and search models are 10,000 times bigger than its older models - 1.5 billion trips last year were completed by people outside their home city - About 15% of all trips are to or from airports - His family lost everything leaving Iran. He was nine years old
Winning in Iran Means Flexible Power Over Massive Retaliation
My second conversation with @DarrenFarber, Managing Partner of Albion River (a defense-focused investment firm) and former special advisor at the DoD. With US-Iran negotiations still unfolding, we spent most of our time on what winning actually means in a theater like...
Barrow Scale: Mastering the Tiny Beats Kardashev’s Cosmic Energy
Lots of reference is made to Kardashev scale a way of measuring civilizational progress, but I like Barrow scale Kardashev is using energy at planetary, stellar, and then galactic scale Barrow is mastery over small and smaller scale: genes, molecules, atoms, nuclei,...
Building Companies in the AI Era: Insights From Bchesky
Tomorrow, a conversation w/ @bchesky that I’ll return to often, about building a company in the AI era. This thing is jam packed. https://t.co/EkMFpbnwCs
Make Data Centers as Iconic as Serpentine Pavilions
The Serpentine Pavilion in London is an annual, renowned architectural commission that features a new pavilion in Kensington Gardens designed by a different architect each year… Can we get a commission going of famous and new architects to make all of...
Neko Delivers Affordable, Instant Preventive Health Checks
We need to all work hard to live as long as possible, and in good health. I’ve met many companies trying to support this mission. One stands out, that those in the US haven’t experienced yet. I was blown away by...
Raspberry Pi Proves Cheap Hardware Fuels Limitless Creativity
Steve Jobs implored: “make something wonderful” I find the story of HOW Eben Upton built Rasberry Pi every bit as interesting as the tiny little computers he makes, “a general purpose programmable computer to fall in love with the unbounded creativity...
Schools Must Adopt AI Now for Personalized Learning
My main reaction to this is: schools need to figure out AI right now. Learning will be so much more fun and individualized. Current model is dead ma ln walking. Close to 100% of my “learn new stuff” time is done...
Internal App Builder Empowers Rapid, Bespoke Business Tools
Some early thoughts after building real apps by myself for the first time… We built an internal tool called Conveyor It’s an app builder, and internal App Store It is connected to all of our data, context, and external data APIs I’m...
U.S. Lost Uranium Enrichment, Needs Domestic Revival
.@ScottNolan started his career as employee 30 at SpaceX. He left to join Founders Fund after Peter Thiel recruited him personally in 2011, and spent the next 12 years backing companies like SpaceX, Anduril, Radiant, and Crusoe Energy. The through line...
Colossus Seeks Creators to Expand Tech Media
Colossus covers the frontier We are about to expand into new formats, and we need: -Writers writers writers -Multimedia producers -Art and design We want to see how great we can be making media about tech, business, and markets. We need help. Reach out...
Hyperliquid Launches 24/7 Trading, Markets Surge 40% Weekly
“Markets for oil, silver, and the S&P 500 now trade on Hyperliquid around the clock, weekends included, and are growing roughly 40% week on week.” This weekend, my group chats were all citing hyperliquid S&P returns. 24/7 trading is here; the...
Ivan Exemplifies Visionary SaaS-to-AI Leadership
So good. Have spent time with Ivan recently and he’s one of the most interesting and impressive CEOs I’ve encountered (especially on the topic of SaaS to Ai transition)
Early Hires Risk More than Founders, Despite Equity
William on how an early stage employee takes way more risk than a founder: "If I'm making $400-500K at Google or Meta and go to an early stage company to get 1% of this company and make $90,000. I've now changed...
Londolozi: The World's Most Magical Safari Experience
I’ve been lucky to visit a lot of places around the world There’s still nowhere I’ve been as magical and awe-inspiring as @londolozi https://t.co/XsGao9cNJ8