Uber is a car service startup valued at $18.2 billion that allows users to request black car, luxury, or economy car services through a mobile app. It has received over $1.2 billion in funding and has seen revenue double every 6 months, with over $1 billion in gross bookings in 2013. Founded in 2008, Uber launched in NYC and SF in 2010 but soon faced regulatory issues, and now competes with services like Lyft while continuing to expand its product offerings and global footprint exponentially.

1. Uber
Dylan Hurd [drhurd]

2. Car Service on Demand
Black Car, Lux
uberX, uberXL
Taxi

3. Financials
$18.2B valuation after $1.2B Series D
[Google Ventures, BlackRock, others]
Revenue doubling every 6 months
[According to CEO]
> $1B in Gross Bookings for 2013
[Leaked Revenue numbers]

4. History
2008: Garrett Camp and Travis Kalanick decide
they want to solve the taxi problem in SF
2010: MVP launches in NYC (Jan) & SF (July),
soon receive Cease and Desists (Oct)
2013: Lyft rises as a competitor

5. Whats Hot
UberRush

6. Secret Sauce
Uber is ruthless, but has a professional brand
Continuously adding new products
Growing exponentially

7. Uber is worth way more than $18B
Uber is “obsoletive,” not disruptive
“[Suggesting] that Uber’s ceiling is the size of
the taxi industry is no different than suggesting
typewriters are the ceiling for PCs”
http://stratechery.com/2014/uber-worth-18-2-billion/

8. Competition
Lyft: Your friend with a car
Sidecar: Shared rides with nearby users
Taxis: Old and expensive

9. Uber is going to take over
the f***ing world

10. Sources
http://www.crunchbase.com/organization/uber
http://stratechery.com/2014/uber-worth-18-2-billion/
http://online.wsj.com/news/articles/SB10001424052702304250204579433113467536876
http://techcrunch.com/2013/12/04/leaked-uber-numbers-which-weve-confirmed-point-to-over-1b-gross-revenue-213m-revenue/
http://www.businessweek.com/articles/2014-06-06/q-and-a-travis-kalanick-on-ubers-new-17-billion-valuation#p2
http://blog.uber.com/frontpage/updates/
http://blog.uber.com/2010/12/22/ubers-founding/