Saturday, November 2, 2013

Mid-Day Keynote: Travis Kalanick, CEO of Uber

--Everyone's private driver.

"San Francisco and Paris are sister cities, in that it's equally impossible to get a cab on the street."

"How do we make it so that there is always a car 5 min away from you - through math... Heat map, anti-heat, what you left is under served market."

"Surge pricing is your friend. Higher demand drives higher price, so more cars will join and stay longer, and thus drives supply so no one is stranded."

"If you can deliver a car in 5 minutes, you can deliver anything. Recently we had Uber ice cream, Uber kitties..."

"We give riders high fives and give drivers hugs."

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