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TK
Travis Kalanick
10/25/13
@ Y Combinator
In cities like Boston, Toronto, Chicago, and San Francisco, Uber has expanded its services, including the introduction of Uber X, which is about 30% cheaper than traditional options.
Video
YC
Travis Kalanick at Startup School 2012
@ Y Combinator
10/25/13
Related Takeaways
TK
Travis Kalanick
10/25/13
@ Y Combinator
When people have the option to choose a more affordable ride, they tend to use the service more frequently, starting with options like Uber X instead of premium services.
TK
Travis Kalanick
10/25/13
@ Y Combinator
In San Francisco, there are now more cars dedicated to Uber than there were town cars before we launched, showing our growth in the market.
TK
Travis Kalanick
10/25/13
@ Y Combinator
In San Francisco, our average pickup times improved from 12 minutes to around 5 minutes as more people began using Uber.
TK
Travis Kalanick
10/25/13
@ Y Combinator
The original idea for Uber came from wanting to push a button and get a classy ride, inspired by the difficulty of hailing cabs in cities like Paris and San Francisco.
TK
Travis Kalanick
10/25/13
@ Y Combinator
Currently, 50% of all people who have ever ridden with Uber have done so in the last 30 days, and the average person pays about $105 a month for rides.
TK
Travis Kalanick
10/25/13
@ Y Combinator
Uber aims to provide quality and choice, positioning itself as a low-cost option while maintaining high standards. Offering a low-cost option increases user engagement because people appreciate having choices and don't always need to opt for the expensive service.
TK
Travis Kalanick
10/25/13
@ Y Combinator
Riders are getting around town much more efficiently, benefiting from Uber's services.
TK
Travis Kalanick
10/25/13
@ Y Combinator
During special events, Uber tailors its services to meet increased demand, such as providing themed rides like the 'Uber Cade' for President's Day in Washington, D.C.
TK
Travis Kalanick
10/25/13
@ Y Combinator
We launched Uber in June 2010, and we don't own cars or employ drivers; we have 120 employees, most of whom are not in San Francisco, and we're deployed in 17 cities.