Ismail941
Regular Contributor
FASTLANE INSIDER
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
- Joined
- May 7, 2019
- Messages
- 534
Rep Bank
$1,805
$1,805
User Power: 108%
I was reading about Uber story. I wanted to go through about its evolution just for learning purpose
I think I am trying to find a pattern based on Networking with Like Minded People & Year Time
Uber was started as side hustle in 2009 by Travis and Garrett.
The Huffington Post Says: Invest In Bulldozer
When it comes to Startup Investing: There is a saying to remember: "Bet on the Jockey, Not the Horse"
Horse = Idea
Jockey = Founder
Gary V @ How he screwed the Uber Investment twice:
2009: Invest $25K in Uber [4 Million Valuation]
2019: Return $75 Million to $200 Million in Uber [40 Billion Valuation]
#AskGaryVee Episode 47: How I Screwed Up My Uber Investment
Link: www.youtube.com/watch?v=N8CiFPwLOIs
The General Idea is: If you had $10K in 2009 for Uber Invest & if you know Travis at that time, The Uber would be worth $80-$90 Million would be after at least 6-8 years
I think there is lot to learn here.
A) Demarco talks (I think it was a fb post) about Napkin, someone will sell it [OR] someone will use to for himself/herself to own benefit
B) Demarco also talks about Opportunity doesn't care about Timing.
Time is very important depending on market's need I think.
I think recognizing opportunity in disorganized/messy way is the best way to figure it out
I think the Emotional Intelligence plays a huge factor when it comes to recognition - The Lens of the Eye The More Crystal Clear, the better
What do you think?
Here are 2 links about Uber stories:
[2012 Article] Startup Investors - Bet on the Jockey, Not the Horse
www.businessinsider.com/startup-investors-bet-on-the-jockey-not-the-horse-2012-5
[2016 Article] This $200K Investment In 2010 Is Worth $3.3 Billion Today
www.huffpost.com/entry/this-200k-investment-in-2010-is-worth-33-billion_b_579d8edbe4b00e7e269f99bd
I think I am trying to find a pattern based on Networking with Like Minded People & Year Time
Uber was started as side hustle in 2009 by Travis and Garrett.
The Huffington Post Says: Invest In Bulldozer
When it comes to Startup Investing: There is a saying to remember: "Bet on the Jockey, Not the Horse"
Horse = Idea
Jockey = Founder
Gary V @ How he screwed the Uber Investment twice:
2009: Invest $25K in Uber [4 Million Valuation]
2019: Return $75 Million to $200 Million in Uber [40 Billion Valuation]
#AskGaryVee Episode 47: How I Screwed Up My Uber Investment
Link: www.youtube.com/watch?v=N8CiFPwLOIs
The General Idea is: If you had $10K in 2009 for Uber Invest & if you know Travis at that time, The Uber would be worth $80-$90 Million would be after at least 6-8 years
I think there is lot to learn here.
A) Demarco talks (I think it was a fb post) about Napkin, someone will sell it [OR] someone will use to for himself/herself to own benefit
B) Demarco also talks about Opportunity doesn't care about Timing.
Time is very important depending on market's need I think.
I think recognizing opportunity in disorganized/messy way is the best way to figure it out
I think the Emotional Intelligence plays a huge factor when it comes to recognition - The Lens of the Eye The More Crystal Clear, the better
What do you think?
Here are 2 links about Uber stories:
[2012 Article] Startup Investors - Bet on the Jockey, Not the Horse
www.businessinsider.com/startup-investors-bet-on-the-jockey-not-the-horse-2012-5
[2016 Article] This $200K Investment In 2010 Is Worth $3.3 Billion Today
www.huffpost.com/entry/this-200k-investment-in-2010-is-worth-33-billion_b_579d8edbe4b00e7e269f99bd
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today