Overall Market: $4.2B annuallypic.twitter.com/2SbEhDNCEf
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They were very realistic about their profits though :)
They were incredibly optimistic :)
Also not in the pitch deck. In 9 major cities in America they pay their drivers less than minimum wage. It looks like they are one of the the biggest below minimum wage providers in America. Sad to see.https://twitter.com/michalrozworski/status/996439769306431488?s=21 …
an inconvenient truth?
I’ve always said there are no overnight successes. What you read about online hides all the grind and it’s never as good as it sounds. However...if you’re the black swan...it’s waaaaay better than written.
To be fair, there was a '+'
They also lost $4.5 Billion last year.
I wonder when exactly they started to realize they could become the Uber we know today, and how they started adjusting the vision. Or did they tone down the estimates to avoid sounding crazy? Can't wait to read a book about it in 5 years.
https://www.amazon.com/Upstarts-Airbnb-Companies-Silicon-Changing-ebook/dp/B01HZFB3X0 … they already wrote it it's good
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