Today Uber operates in 57 countries with more that 160,000 drivers, but back in 2010 Uber was just a couple of bros with the dream of turning a mere cab ride into the kind of experience worthy of, in the words of founder Travis Kalanick, “a frickin’ pimp.” An “UberCab,” if you will.
“For almost a century the process of requesting a car service has been extremely similar to what it is today,” the founders wrote in their very first UberCab blog post, still up on a Tumblr site unearthed by the site UberExpansion.com. “You could place a request by telephone for a car arriving the next day or you could walk to the street and hope that an available taxi would happen to pass by at the same time.”
Uber is in the midst of planning a massive, two-building, 423,000 square-foot headquarters in San Francisco’s Mission Bay neighborhood…
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I don’t often covet objects, in this case, it’s literally “the case” + that band, so I guess I covet the design & construction.
Recently I was reading about Liquid Web and their new CEO from Atlanta, Jim Geiger (founder of Cbeyond). Liquid Web is a well known web hosting company with over 400 employees and many thousands of customers. Now, when thinking about web hosting, it’s often viewed as a commodity and a low growth industry. Only, Liquid Web was on the Inc. 5000 last year with 79% three year growth. Founded in 1997, Liquid Web has well over $50 million in revenue (probably much higher) and shows the power of long-term compounded growth.
Here are a few thoughts on long-term compounded growth:
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Several months ago I was talking to a successful, serial entrepreneur. He had sold several companies and hadn’t had to work for many years. Even still, he loved creating companies and so was at it again with his next startup. After talking for a while, the topic of travel and sales meetings came up. Naturally, he loved chasing big deals and was on the road 50% of the time. His mantra: get on a plane. There’s no substitute for face-to-face interaction.
Here are a few thoughts on the importance of getting on a plane:
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Autopsy.io is a new site that aggregates info on failed startups. As an entrepreneur, some of my most important lessons learned came from failures. Take the eCrowds post mortem – poor customer discovery, mismatched on-boarding costs relative to monthly pricing, and slow application speed – now it’s included in Autopsy, and more accessible to entrepreneurs.
Here are a few thoughts on failed startups:
Entrepreneurs would do well to research startups on Autopsy.io and learn from previous experiences. With the recent growth in tech startups over the past few years, look for an increase in failed…
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Disclaimers: 1) This is a very long read. Thinking about a company and using its product obsessively for nine years straight will do that to you. 2) My funds and I own a lot of Twitter stock. 3) I do not speak for Twitter. 4) I have no inside information about Twitter. The company could already be building all the stuff below. I sincerely hope they are.
I believe in Twitter. The company itself is improving, not worsening. The stock market doesn’t get that because Twitter has failed to tell its own story to investors and users. Here is how I think that story could unfold:
Hundreds of millions of new users will join and stay active on Twitter, hundreds of millions of inactive users will return to Twitter, and hundreds of millions more will use Twitter from the outside if Twitter can:
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from my friend @mktstk about some of our common interests $MACRO $USDJPY $ZB_F $TLT and #ASIA