Valuations put a price tag of $40 billion on the ride sharing service UBER.
Uber is not without its critics. Many governments and media outlets are trying to shut the service down or regulate it out of business.
But, there are a few facts you can't deny. At one point, UBER was adding 20,000 new drivers A DAY. There are now more UBER drivers in New York than yellow cabs! Add to that UBER's pledge to enlist 1 million female drivers by 2020 and you have a PR powder keg ready to blow.
In this new presentation I share the 5 key factors fueling UBER's growth.
22. GRAHAMDBROWN.COM
“I had this idea of looking at a
smartphone as a remote
control for real life, and this
was the best example I had
ever seen”
- VC Matt Cohler
31. “You need to
understand the pain
points, the
transportation
culture and the
transportation
systems that exist in
every city and start
making some educated
guesses”
- Travis Kalanick,
CEO Uber
GRAHAMDBROWN.COM
32. US Driving License Ownership
by Age 1983-2008
SOURCE: UMTRI
16 17 18 19 20-24 25-29
86%
81%
74%
66%
50%
30%
94%
90%87%
80%
69%
45%
1983 2008
LICENSES FALL
Less Millennials
are getting
licenses than
previous
generations. The
change is biggest
in younger
Millennials
GRAHAMDBROWN.COM
Source:
TotalYouthResearch.com
54. GRAHAMDBROWN.COM
“When you are a
disrupter you are
going to have a lot
of people
throwing arrows”
- David Plouffe,
mastermind behind
Obama 2008 campaign