Millennials aren't buying cars anymore. They don't want to drive. They don't want to own these cars. They don't want that inconvenience.
Surge pricing only kicks in in order to maximize the number of trips that happen and therefore reduce the number of people that are stranded.
Every day, I get a little smarter.
Money doesn't buy happiness, but it does pay for therapy.
There's a harsh reality to situations where demand outstrips supply.
We always find a way to learn and to get better.
Even before you get to self-driving vehicles, there's just a huge amount of positive things that happen to cities when you do ridesharing.
As much as I'd love to give everybody a really cheap option, it's just simply not possible in certain sorts of extreme events... I guarantee that our strategy on surge pricing is the optimal way to get as many people home as possible.
I really love numbers.
We want to get to the point that using Uber is cheaper than owning a car.
I think Uber is just very different; there's no model to copy. It may be the reason why we've been a lightning rod in so many ways, because we don't do anything conventional... And then I think also, as an entrepreneur, I'm a bit of a lone wolf.
If you can make it economical for people to get out of their cars or sell their cars, and turn transportation into a service, it's a pretty big deal.
The regulatory systems in place disincentive innovation. It's intense to fight the red tape.
You want supply to always be full, and you use price to basically either bring more supply on or get more supply off, or get more demand in the system or get some demand out.
I know about traffic.
I got really good at negotiating from a place of weakness.
I prefer building rather than fundraising.
Some city-council people are really awesome, but most are uninspired.
When people start to perceive you as the big guy, you're not allowed to be scrappy, fierce.
There will be a huge, huge positive impact for society when driverless cars become a thing.
I think a lot of folks feel like Uber was a company they missed out on. Sequoia passed on us three times.
Imagine if we could create the most just workplace in the world. We would naturally be a magnet for all the great minds out there.