Autonomous is an enormous technology, says Uber CEO Dara Khosrowshahi. Following the unfortunate accident that happened last year in Arizona, Uber took a retreat from autonomous vehicles. However, Uber has taken that time to rebuild how they are building that product.
Lime monitors data from their scooters and bikes in real-time in order to ensure that all bikes are charged and available to riders. In fact, in 2018 Lime monitored 26 million scooter and bike trips worldwide according to their year-end report.
“We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector,” says Richard Zhang, CFO of Full Truck Alliance.
The best companies have very bright futures says tech investor Geoff Lewis. He says that the way he always thinks about private company valuations is as a discount on the future versus a premium on the past.
Based on a successful delivery trial in China via Alibaba and Uber Eats in Miami, Starbucks has announced that they are adding delivery nationwide.
Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are reports that Uber’s projected IPO will value the company at $120 billion. Armstrong wouldn’t say what percent of Uber he still owns but it is conceivable that his stake could be worth $1 billion or more today.
Legendary investor and political activist Tim Draper says that instead of getting on the case of Elon Musk, we should be thanking him other transformational entrepreneurs such as Steve Jobs and Travis Kalanick.
Uber is preparing to launch a new on-demand staffing business ahead of its first initial…
Twilio’s success is driven by its unique platform business model where it’s products are provided to developers based on usage.