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These are the user uploaded subtitles that are being translated: 1 00:00:33,867 --> 00:00:35,452 Previously on Super Pumped... 2 00:00:35,493 --> 00:00:37,120 He's just gonna see        a guy in his lame jeans 3 00:00:37,162 --> 00:00:38,663 and these fucking shoes. 4 00:00:38,705 --> 00:00:40,206 Yeah, he'll see         you're a dung-colored man. 5 00:00:40,248 --> 00:00:42,500 Your ideas will matter.            Not your clothes. 6 00:00:42,542 --> 00:00:44,461 -He'll see that.           -Grow or die. 7 00:00:44,502 --> 00:00:46,129 -Full access card?          -You come and go 8 00:00:46,171 --> 00:00:47,380 at Uber cab as you please. 9 00:00:47,422 --> 00:00:48,548 -One of us?             -Full access. 10 00:00:48,590 --> 00:00:50,175 Nice. 11 00:00:50,216 --> 00:00:52,719 Boom! You just got      grey-balled, motherfucker! 12 00:00:55,138 --> 00:00:56,765 -Is this illegal? 13 00:00:56,806 --> 00:00:59,559 VCs have a purpose other  than just writing a check. 14 00:00:59,601 --> 00:01:01,269 I have a purpose. 15 00:01:01,311 --> 00:01:03,772 Advising, vision shaping. 16 00:01:03,813 --> 00:01:05,398 Really? You're not owed 17 00:01:05,440 --> 00:01:07,275 anything except a return,       which I will give you. 18 00:01:07,317 --> 00:01:08,735 I'm the one who put you in here, 19 00:01:08,777 --> 00:01:10,111 I'm the one      who can take you out, too. 20 00:01:10,153 --> 00:01:12,072 I say we keep                Bill close for now. 21 00:01:12,113 --> 00:01:13,865 But you keep       doing what you're doing. 22 00:01:13,907 --> 00:01:15,033 We're killing it. 23 00:01:15,075 --> 00:01:16,743 -TK, this is...           -Gabi Holzwarth. 24 00:01:16,785 --> 00:01:18,578 -What did you say to her?  -I told her she needed to meet 25 00:01:18,620 --> 00:01:20,413 the next Jeff Bezos. 26 00:01:20,455 --> 00:01:21,915 Hi, what made you choose Lyft  instead of Uber? 27 00:01:21,956 --> 00:01:23,291 It's so much cheaper, 28 00:01:23,333 --> 00:01:24,793 and the drivers                are super friendly. 29 00:01:24,834 --> 00:01:26,628 We make more money.          And we get tips. 30 00:01:26,669 --> 00:01:30,924 These motherfuckers.  They're stealing all my shit! 31 00:01:30,965 --> 00:01:33,676 Oh, we're going to fucking war. 32 00:02:38,032 --> 00:02:41,828 , Everyone's a critic       Looking back up the river 33 00:02:41,870 --> 00:02:44,247 Every boat is leaking              In this town 34 00:02:46,124 --> 00:02:47,792 But I found my place 35 00:02:47,834 --> 00:02:49,836 And it's all right 36 00:02:49,878 --> 00:02:53,423 I got my own way to believe 37 00:02:53,464 --> 00:02:55,592 It's okay 38 00:02:55,633 --> 00:02:58,845 Mine is mine and yours          Won't take its place 39 00:02:58,887 --> 00:03:02,348 Now, make your getaway 40 00:03:02,390 --> 00:03:05,393 We had 93% of the market               on lock. 41 00:03:05,435 --> 00:03:07,061 We invented this shit. 42 00:03:07,103 --> 00:03:09,063 But now, look at heaven. 43 00:03:09,105 --> 00:03:10,899 Look at what it's telling us. 44 00:03:10,940 --> 00:03:12,734 Our first-mover advantage              is dimming. 45 00:03:12,775 --> 00:03:14,068 And what's taking it? 46 00:03:14,110 --> 00:03:16,070 Lyft. 47 00:03:16,112 --> 00:03:19,365 John fucking Zimmer? 48 00:03:19,407 --> 00:03:22,577 This guy's been drafting on our  speed the whole Tour de France. 49 00:03:22,619 --> 00:03:24,204 He's always been behind us, 50 00:03:24,245 --> 00:03:25,705 and now he's gonna pretend          like he's winning? 51 00:03:25,747 --> 00:03:27,540 I'm the one in the yellow            fucking jersey. 52 00:03:27,582 --> 00:03:29,918 We need to just knock     these assholes off the road. 53 00:03:29,959 --> 00:03:32,003 Are the drivers          the assholes or--? 54 00:03:32,045 --> 00:03:33,713 Lyft, fucker. Lyft. 55 00:03:33,755 --> 00:03:35,256 I am being cucked now.      What are we doing about it? 56 00:03:39,552 --> 00:03:42,222 Well, the drivers         like the optionality. 57 00:03:42,263 --> 00:03:43,723 We can't stop      our guys from double-apping 58 00:03:43,765 --> 00:03:45,058 and driving for both. 59 00:03:45,099 --> 00:03:47,852 We should just buy Lyft.             Absorb them. 60 00:03:47,894 --> 00:03:49,479 We don't have        the war chest for that. 61 00:03:49,520 --> 00:03:51,481 -Okay, let's get it.       - Look, who cares 62 00:03:51,522 --> 00:03:53,566 about John Zimmer's       little rideshare company? 63 00:03:53,608 --> 00:03:55,318 You've got a powerful brand.               Build it. 64 00:03:55,360 --> 00:03:56,569 Keep your focus on that. 65 00:03:56,611 --> 00:03:58,404 Stop obsessing over Lyft. 66 00:03:58,446 --> 00:04:00,531 You know, Bill,           I get your point. 67 00:04:00,573 --> 00:04:03,076 But we are in the war room              right now. 68 00:04:03,117 --> 00:04:04,577 And it seems none    of you guys want to go to war, 69 00:04:04,619 --> 00:04:06,496 but that's what this is. 70 00:04:06,537 --> 00:04:07,914 And you don't get it done        with milk and cookies. 71 00:04:07,956 --> 00:04:09,374 You're quoting          Bobby Knight at me? 72 00:04:09,415 --> 00:04:12,293 -Nice.    -Look, you are so fucking good, 73 00:04:12,335 --> 00:04:15,880 but this isn't zero-sum      like a basketball game is. 74 00:04:15,922 --> 00:04:17,215 That's exactly what it is. 75 00:04:17,257 --> 00:04:18,967 Uber right now          is like Google was 76 00:04:19,008 --> 00:04:20,718 at the dawn of search. 77 00:04:20,760 --> 00:04:22,804 One entrant in a crowded pool.          What did Google do? 78 00:04:22,845 --> 00:04:24,097 They flattened          their competitors, 79 00:04:24,138 --> 00:04:25,890 and now they're fucking Google. 80 00:04:25,932 --> 00:04:27,934 Google did it by being better,        not by being Al Capone. 81 00:04:27,976 --> 00:04:29,143 "Don't be evil" ring a bell? 82 00:04:29,185 --> 00:04:30,895 Yeah. Tell that to AltaVista. 83 00:04:34,357 --> 00:04:36,401 It's funny you say Capone,                though. 84 00:04:36,442 --> 00:04:40,530 I remember my parents     never wanted to get us cable 85 00:04:40,571 --> 00:04:41,948 because they thought         we were just, like, 86 00:04:41,990 --> 00:04:43,616 watching MTV all day             or something. 87 00:04:43,658 --> 00:04:46,202 But then eventually they caved      when I was, like, seven. 88 00:04:46,244 --> 00:04:49,747 And the first weekend we had it, 89 00:04:49,789 --> 00:04:52,792 my dad found   The Untouchables, 90 00:04:52,834 --> 00:04:54,961 because he thought it was like         history or something. 91 00:04:55,003 --> 00:04:56,296 Because, you know, it is. 92 00:04:56,337 --> 00:04:57,964 Okay, right, so my-- 93 00:04:58,006 --> 00:05:00,758 My dad and Cory and me          were sitting there 94 00:05:00,800 --> 00:05:03,136 watching this, like,            history lesson. 95 00:05:03,177 --> 00:05:04,721 I'd have started you  on   The Dirty Dozen, 96 00:05:04,762 --> 00:05:06,139 like my dad did me, but sure. 97 00:05:06,180 --> 00:05:08,516 Okay, but De Niro as Capone. 98 00:05:11,936 --> 00:05:15,648 That banquet scene with the bat. 99 00:05:15,690 --> 00:05:18,776 Capone was just like, walking... 100 00:05:18,818 --> 00:05:20,820 talking, and then bam! 101 00:05:20,862 --> 00:05:22,488 Fucking brains that guy. 102 00:05:22,530 --> 00:05:23,823 That shit changed me. 103 00:05:23,865 --> 00:05:25,158 I felt like my skull 104 00:05:25,199 --> 00:05:27,035 that just got hit with a bat. 105 00:05:27,076 --> 00:05:28,661 I couldn't sleep for, like,                a week. 106 00:05:28,703 --> 00:05:30,163 I felt horrible for the guy. 107 00:05:30,204 --> 00:05:31,497 I mean,    he just gets brained at dinner. 108 00:05:31,539 --> 00:05:34,542 But I saw the point. 109 00:05:35,710 --> 00:05:37,253 He had it coming. 110 00:05:37,295 --> 00:05:38,671 Uh, I don't know if he did. 111 00:05:38,713 --> 00:05:39,964 That's not important. 112 00:05:40,006 --> 00:05:42,300 The point is, that shit worked. 113 00:05:42,342 --> 00:05:45,094 You crack a guy's cranium open 114 00:05:45,136 --> 00:05:46,721 between the soup          and the fish dish? 115 00:05:46,763 --> 00:05:49,766 You know, you make        an example of somebody, 116 00:05:49,807 --> 00:05:51,559 people start to fall in line. 117 00:05:53,061 --> 00:05:54,562 That is what needs            to happen here. 118 00:05:56,647 --> 00:05:58,649 Just to clarify, 119 00:05:58,691 --> 00:06:01,569 you want to beat the drivers         into submission? 120 00:06:02,820 --> 00:06:04,489 I want to win. 121 00:06:04,530 --> 00:06:05,656 And disloyalty, 122 00:06:05,698 --> 00:06:07,658 however it shows its face, 123 00:06:07,700 --> 00:06:09,702 that needs to be punished. 124 00:06:09,744 --> 00:06:11,704 Well, we're not the Mob, though. 125 00:06:11,746 --> 00:06:15,375 Okay, but if you don't want to  own this whole fucking business, 126 00:06:15,416 --> 00:06:18,711 like it's prohibition and we're       the only ones making gin, 127 00:06:18,753 --> 00:06:20,880 then why are we here? 128 00:06:22,965 --> 00:06:24,717 You threatened them           with a baseball bat? 129 00:06:24,759 --> 00:06:27,220 No, not them... exactly. 130 00:06:27,261 --> 00:06:28,846 It was a meta-- 131 00:06:30,139 --> 00:06:31,349 What I'm saying is, 132 00:06:31,391 --> 00:06:34,060 sometimes fear works. 133 00:06:36,187 --> 00:06:37,855 Not that it-- I don't know. 134 00:06:37,897 --> 00:06:39,023 I don't know what I'm saying. 135 00:06:39,065 --> 00:06:42,485 You make me nervous. 136 00:06:42,527 --> 00:06:45,905 No, I don't,  but it's a good line. 137 00:06:45,947 --> 00:06:48,533 Every once in a while. 138 00:06:51,119 --> 00:06:53,955 So tell me about the violin. 139 00:06:58,292 --> 00:07:01,587 I guess I didn't know 140 00:07:01,629 --> 00:07:04,006 that I really wanted     to play at first. 141 00:07:04,048 --> 00:07:05,675 It felt like homework. 142 00:07:05,716 --> 00:07:08,719 And eventually,  it became my best friend. 143 00:07:08,761 --> 00:07:12,557 Plus, playing, you burn almost         200 calories an hour. 144 00:07:12,598 --> 00:07:14,684 Is that right? 145 00:07:14,725 --> 00:07:16,936 What else do I need                to know about you? 146 00:07:20,648 --> 00:07:24,277 Maybe that I'm surprised  that we're here together. 147 00:07:24,318 --> 00:07:26,028 When we met,  we spoke so briefly. 148 00:07:26,070 --> 00:07:29,073 I didn't know what you thought. 149 00:07:29,115 --> 00:07:30,783 I was surprised  when you came and found me 150 00:07:30,825 --> 00:07:32,785 playing at the farmer's market. 151 00:07:34,287 --> 00:07:36,038 No, you weren't. 152 00:07:36,080 --> 00:07:37,165 But it's a good line. 153 00:07:38,749 --> 00:07:40,293 -Every once in a while.               -Uh-huh. 154 00:07:41,586 --> 00:07:42,628 Here you are. 155 00:07:42,670 --> 00:07:43,963 Thank you. 156 00:07:45,214 --> 00:07:47,258 So, what do you play 157 00:07:47,300 --> 00:07:50,136 to burn off the best meal               in the Bay Area? 158 00:07:53,389 --> 00:07:55,308 Uh... 159 00:07:55,349 --> 00:07:57,018 "Sibelius," probably. 160 00:07:57,059 --> 00:07:59,228 The concerto in D minor  if we're having dessert. 161 00:08:00,646 --> 00:08:02,440 Okay, hold on,           I need the full download 162 00:08:02,482 --> 00:08:04,150 on everything                I need to listen to 163 00:08:04,192 --> 00:08:06,777 so I can know how great you are. 164 00:08:06,819 --> 00:08:08,654 Thank God for Ek. 165 00:08:08,696 --> 00:08:10,156 Ek? 166 00:08:10,198 --> 00:08:12,575 Yeah. Ek is a founder, like me. 167 00:08:12,617 --> 00:08:15,453 I actually tried to crack       this space with the company, 168 00:08:15,495 --> 00:08:16,829 but Ek did it. 169 00:08:16,871 --> 00:08:19,081 It's Spotify.           See, look, you just, uh, 170 00:08:19,123 --> 00:08:21,667 put in everything there          that I need to listen to. 171 00:08:32,136 --> 00:08:33,596 I can tell you're thinking hard. 172 00:08:35,056 --> 00:08:36,557 It's important. 173 00:08:38,809 --> 00:08:40,603 What are you doing? 174 00:08:40,645 --> 00:08:43,189 I'm just putting in a code        to give you free Uber. 175 00:08:45,691 --> 00:08:46,984 I prefer Lyft. 176 00:08:51,405 --> 00:08:53,533 -Careful. 177 00:08:58,246 --> 00:08:59,539 Come on in. 178 00:09:01,165 --> 00:09:04,210 Sorry, I've, uh,         sort of been in work mode. 179 00:09:08,089 --> 00:09:09,382 I've seen worse. 180 00:09:10,758 --> 00:09:12,593 I call this place my Jam Pad. 181 00:09:15,263 --> 00:09:17,056 I think I'll kiss you anyway. 182 00:09:38,911 --> 00:09:40,746 Portrait of a man at war. 183 00:09:40,788 --> 00:09:43,332 Yeah, that's great. Nice. 184 00:09:43,374 --> 00:09:44,834 Well, I'm not at war. 185 00:09:44,875 --> 00:09:46,085 I'm sitting in            a booth somewhere 186 00:09:46,127 --> 00:09:47,712 telling you about this guy 187 00:09:47,753 --> 00:09:51,340 who is, in fact,        very much at fucking war. 188 00:09:51,382 --> 00:09:52,925 Are we doing it? 189 00:09:52,967 --> 00:09:55,303 We're doing it. 190 00:09:55,344 --> 00:09:57,847 They say good wars,              winnable ones, 191 00:09:57,888 --> 00:10:00,600 are fought on a single front. 192 00:10:00,641 --> 00:10:03,936 But what if you have to win        on all the fucking fronts? 193 00:10:03,978 --> 00:10:06,606 New plan. We're gonna step up  the information technology 194 00:10:06,647 --> 00:10:08,691 on our drivers. 195 00:10:08,733 --> 00:10:11,402 You mean surveillance. 196 00:10:11,444 --> 00:10:12,778 We don't have to use words              like that. 197 00:10:28,002 --> 00:10:29,629 -Hello.             -Hey, there. 198 00:10:39,764 --> 00:10:42,308 So, uh, you like driving? 199 00:10:42,350 --> 00:10:43,601 It's a good way to meet people. 200 00:10:43,643 --> 00:10:45,394 Yeah, I bet. 201 00:10:45,436 --> 00:10:47,313 And, uh, San Francisco, 202 00:10:47,355 --> 00:10:49,982 you probably get        a lot of crazies, huh? 203 00:10:53,527 --> 00:10:55,154 You think we can modify         having to figure out 204 00:10:55,196 --> 00:10:57,031 who the double-appers are? 205 00:10:57,073 --> 00:10:58,491 Snoop around        in our drivers' phones, 206 00:10:58,532 --> 00:11:00,493 see if they ever used             the Lyft app. 207 00:11:00,534 --> 00:11:02,203 Might be doable. 208 00:11:02,244 --> 00:11:03,704 Might cross the line. 209 00:11:05,915 --> 00:11:08,876 Might be a good time to consider      the business you've chosen. 210 00:11:17,885 --> 00:11:20,304 And what if it's not              a finite war, 211 00:11:20,346 --> 00:11:22,682 but a forever war? 212 00:11:22,723 --> 00:11:24,892 Well, then you do            what you have to, 213 00:11:24,934 --> 00:11:27,395 and anyone calls you out             on the morality, 214 00:11:27,436 --> 00:11:29,397 that motherfucker       is either a child, an enemy, 215 00:11:29,438 --> 00:11:30,856 or a fucking traitor. 216 00:11:30,898 --> 00:11:34,860 So I see you have both logos          and both apps. 217 00:11:34,902 --> 00:11:38,823 But you're not more  of a Lyft guy, are you? 218 00:11:38,864 --> 00:11:41,701 Just asking, because I happen           to know that Uber 219 00:11:41,742 --> 00:11:46,414 has some very special incentives       coming online right now. 220 00:11:51,836 --> 00:11:52,920 Okay, okay, hold on. 221 00:11:56,382 --> 00:11:58,509 -Halas.              -You quit? 222 00:11:58,551 --> 00:12:00,219 I quit Lyft. 223 00:12:00,261 --> 00:12:03,389 The bonuses Uber is offering,           you have no idea. 224 00:12:03,431 --> 00:12:06,100 We are thrilled to have you        exclusive to Uber. 225 00:12:06,142 --> 00:12:07,685 -Twenty dollars a mile?                -Yeah. 226 00:12:07,727 --> 00:12:09,603 And the price for the rider         stays the same. 227 00:12:09,645 --> 00:12:12,857 We just appreciate your loyalty. 228 00:12:12,898 --> 00:12:16,068 And, uh, tell all your friends,                 okay? 229 00:12:16,110 --> 00:12:18,404 So they are        just giving away money? 230 00:12:18,446 --> 00:12:20,281 No, no, no,   habiti. 231 00:12:20,322 --> 00:12:22,908 They're giving away money to us. 232 00:12:22,950 --> 00:12:24,535 It's very different. 233 00:12:26,287 --> 00:12:28,581 Fucking work-life balance. 234 00:12:28,622 --> 00:12:30,332 If I hear those         three words again... 235 00:12:32,293 --> 00:12:33,919 -What's up?        -We can find them now, 236 00:12:33,961 --> 00:12:36,088 the double-appers.               Pretty soon, anyway. 237 00:12:36,130 --> 00:12:38,090 We won't have to go one by one            from the field. 238 00:12:38,132 --> 00:12:40,009 We can do it all from here. 239 00:12:40,050 --> 00:12:41,927 And they'll never know     we're scanning their phones? 240 00:12:41,969 --> 00:12:44,180 Hold on, well,    if we can get in their phones, 241 00:12:44,221 --> 00:12:45,723 we can turn on the mics           and the cameras. 242 00:12:45,765 --> 00:12:47,767 We can find out          who's taking Lyft? 243 00:12:47,808 --> 00:12:49,268 Can. 244 00:12:49,310 --> 00:12:50,728 Not sure I'd want  to see what happens 245 00:12:50,770 --> 00:12:52,104 in the back of those cars. 246 00:13:01,155 --> 00:13:03,157 -She's the prettier one.            -Yeah, I know. 247 00:13:03,199 --> 00:13:04,325 Look, I can't help it. 248 00:13:04,366 --> 00:13:06,452 You are insecure  about this shit. 249 00:13:06,494 --> 00:13:07,953 What am I supposed to say? 250 00:13:07,995 --> 00:13:10,414 No, you look like shit       in that bikini? 251 00:13:18,506 --> 00:13:20,132 Oh, it's all right 252 00:13:20,174 --> 00:13:22,176 It's all right 253 00:13:22,218 --> 00:13:23,844 Sometimes I wish you were dead. 254 00:13:23,886 --> 00:13:26,138 Great. Fucking wonder--        you know what? 255 00:13:26,180 --> 00:13:28,015 Sometimes,  I wish I was dead too. 256 00:13:29,350 --> 00:13:30,976 Oh! 257 00:13:31,018 --> 00:13:32,394 Dude! 258 00:13:33,771 --> 00:13:37,233 Whoa, shake that thing now 259 00:13:37,274 --> 00:13:39,485 -    Shake that thing  - Baby, shake that thing now 260 00:13:39,527 --> 00:13:41,487 Shake that thing         Baby, shake that thing 261 00:13:41,529 --> 00:13:44,156 Austin sent out street teams to  request and cancel Lyft rides, 262 00:13:44,198 --> 00:13:45,783 which peels off               some of the drivers. 263 00:13:45,825 --> 00:13:47,993 Now, this is the same idea,        just less analog. 264 00:13:48,035 --> 00:13:49,995 Let's go. By the way,    did she move to the regulators? 265 00:13:50,037 --> 00:13:51,664 Yep. 266 00:13:51,705 --> 00:13:53,332 So now you got your espionage 267 00:13:53,374 --> 00:13:56,168 with a solid helping         of clandestine attacks. 268 00:13:56,210 --> 00:13:58,337 And then, of course, 269 00:13:58,379 --> 00:13:59,839 you've got your frontal attack. 270 00:13:59,880 --> 00:14:02,633 -Miss Geidt.      -My team took 20 Lyft rides 271 00:14:02,675 --> 00:14:04,802 over the past 24 hours, 272 00:14:04,844 --> 00:14:08,180 which means we got in the back  of Class C licensed vehicles, 273 00:14:08,222 --> 00:14:11,851 driven by regular  old civilians for Lyft. 274 00:14:11,892 --> 00:14:14,186 Well, unless you were     forced by gunpoint, I don't-- 275 00:14:14,228 --> 00:14:16,605 Just wondering when you're gonna       start enforcing the law. 276 00:14:19,775 --> 00:14:24,029 We are monitoring the situation             very closely. 277 00:14:24,071 --> 00:14:26,615 Yeah, I can tell. 278 00:14:28,742 --> 00:14:32,079 The thing is, we care too much       about passenger safety 279 00:14:32,121 --> 00:14:35,165 to let Betty the soccer mom    turn her Prius into a cab 280 00:14:35,207 --> 00:14:37,001 to pay for her Vicodin habit, 281 00:14:37,042 --> 00:14:39,587 but you've got us    considering it. 282 00:14:39,628 --> 00:14:44,174 Well, I will certainly alert           the soccer moms ASAP. 283 00:14:44,216 --> 00:14:46,969 Though I have a feeling... 284 00:14:47,011 --> 00:14:49,138 the drivers aren't           the middle-aged, 285 00:14:49,179 --> 00:14:51,307 drug-addled dilettantes           you're conjuring, 286 00:14:51,348 --> 00:14:54,852 but more the working poor     who are busting their heinies 287 00:14:54,894 --> 00:14:57,062 hustling to fill in the blanks 288 00:14:57,104 --> 00:15:00,733 so that maybe they can get     a decent meal for their kids. 289 00:15:00,774 --> 00:15:04,069 Not so much to buy          a few more Norcos. 290 00:15:06,780 --> 00:15:08,490 This goes one of two ways. 291 00:15:08,532 --> 00:15:10,743 You start enforcing the laws             on Lyft, 292 00:15:10,784 --> 00:15:13,537 or we have justification  to break those same laws. 293 00:15:13,579 --> 00:15:17,416 And once we start,  we won't stop like Lestat 294 00:15:17,458 --> 00:15:18,751 after a taste of blood, 295 00:15:18,792 --> 00:15:21,211 or teenage boys with YouPorn. 296 00:15:24,173 --> 00:15:25,883 Do me a favor. 297 00:15:25,925 --> 00:15:30,304 Wait five minutes before  you call Zimmer to tell him. 298 00:15:30,346 --> 00:15:32,723 So now they know            you're after them, 299 00:15:32,765 --> 00:15:34,725 and that you have         your forces mobilizing. 300 00:15:34,767 --> 00:15:37,811 Wars are expensive,     and this one's no different. 301 00:15:37,853 --> 00:15:39,813 These driver incentives       are getting very pricey. 302 00:15:39,855 --> 00:15:42,775 -You're still with me on this?        -In theory, absolutely. 303 00:15:42,816 --> 00:15:45,319 It'd be damn nice           to take out Lyft. 304 00:15:45,361 --> 00:15:48,072 But in practice,     we may be financing something 305 00:15:48,113 --> 00:15:50,324 that only ends             in a bloody stalemate. 306 00:15:52,993 --> 00:15:56,121 We think it's time for a raise     round to fill the coffers. 307 00:15:56,163 --> 00:15:58,207 - A road show.        - Oh, no, no. 308 00:15:58,248 --> 00:16:00,626 I need to be at the conn,      not out begging for capital 309 00:16:00,668 --> 00:16:03,128 -we don't actively need.          -Show him the list. 310 00:16:07,257 --> 00:16:09,218 We raise enough money         to actually beat Lyft 311 00:16:09,259 --> 00:16:11,470 instead of pissing away money           pissing them off. 312 00:16:11,512 --> 00:16:14,640 Kleiner, Excel,           TPG and Greylock. 313 00:16:14,682 --> 00:16:17,559 This is a little anemic,           don't you think? 314 00:16:17,601 --> 00:16:19,478 No. 315 00:16:19,520 --> 00:16:22,481 That is spinach  and prime USDA beef right there. 316 00:16:24,191 --> 00:16:28,112 $350 million on the table           if you close all those. 317 00:16:28,153 --> 00:16:30,322 What about Google Ventures? 318 00:16:33,784 --> 00:16:35,202 Well, they haven't raised            their hand yet. 319 00:16:35,244 --> 00:16:36,829 Well, make them  raise their hand. 320 00:16:36,870 --> 00:16:38,622 That's your special talent  right? You're Bill Gurley. 321 00:16:38,664 --> 00:16:40,833 Truth is, I don't want them to.        Not at the moment yet. 322 00:16:40,874 --> 00:16:42,543 I do. 323 00:16:42,584 --> 00:16:45,254 David Drummond and Google          Ventures rolls in? 324 00:16:45,295 --> 00:16:47,548 Come on, we're minted. That  sends a message to the valley. 325 00:16:47,589 --> 00:16:49,133 The whole business world.         That we're special. 326 00:16:49,174 --> 00:16:51,844 That we're not Lyft. 327 00:16:51,885 --> 00:16:53,846 Here's how Google rolls. 328 00:16:53,887 --> 00:16:55,681 They're going to insist      on being your lead investor 329 00:16:55,723 --> 00:16:57,349 on the first round. 330 00:16:57,391 --> 00:16:59,518 They'll limit their spend            to $100 million tops. 331 00:16:59,560 --> 00:17:01,145 That's all they'll shoot               their first hand. 332 00:17:01,186 --> 00:17:04,023 Stops everyone else        from going beyond that. 333 00:17:04,064 --> 00:17:06,942 They will bigfoot you,        they will lowball you, 334 00:17:06,984 --> 00:17:08,569 and you'll be screwed. 335 00:17:10,070 --> 00:17:11,822 You ever been to a rodeo? 336 00:17:13,407 --> 00:17:15,200 Went to a pie-eating contest                 once. 337 00:17:15,242 --> 00:17:17,327 I got messy and sick, but I won. 338 00:17:17,369 --> 00:17:19,621 Yeah, well, at a rodeo, 339 00:17:19,663 --> 00:17:21,206 all the young riders, 340 00:17:21,248 --> 00:17:23,542 they always want to climb         onto the rankest bull 341 00:17:23,584 --> 00:17:25,377 to, you know, prove themselves, 342 00:17:25,419 --> 00:17:28,922 but it's best to get yourself            seasoned first, 343 00:17:28,964 --> 00:17:31,175 because bull's always            gonna be there. 344 00:17:31,216 --> 00:17:34,136 But you ride too soon,           you might not be. 345 00:17:34,178 --> 00:17:35,971 And if I finish the ride 346 00:17:36,013 --> 00:17:37,347 and I win the big shiny             belt buckle, 347 00:17:37,389 --> 00:17:38,891 then I'm a legend, right? 348 00:17:38,932 --> 00:17:40,559 So I'm not seeing the downside. 349 00:17:40,601 --> 00:17:42,603 Word gets around      that they turned you down. 350 00:17:42,644 --> 00:17:45,689 It will snuff a lot       of possibilities, Travis. 351 00:17:45,731 --> 00:17:47,191 TPG, others on that list. 352 00:17:47,232 --> 00:17:48,859 It starts a trend. 353 00:17:48,901 --> 00:17:51,028 And word always gets around. 354 00:17:57,201 --> 00:17:59,536 Pretty good list, TK. 355 00:17:59,578 --> 00:18:01,205 And you know we'll kill it. 356 00:18:08,253 --> 00:18:10,422 All right, fine. Road show. 357 00:18:10,464 --> 00:18:12,549 Let's book it. 358 00:18:12,591 --> 00:18:14,510 All right then. 359 00:18:18,472 --> 00:18:19,807 Open it. 360 00:18:20,766 --> 00:18:22,267 What is this? 361 00:18:25,145 --> 00:18:28,941 Oh, shit. 362 00:18:28,982 --> 00:18:30,567 What-- what made you do this--? 363 00:18:30,609 --> 00:18:31,944 You said that  you're doing a road show, 364 00:18:31,985 --> 00:18:34,404 so you got to look, you know... 365 00:18:34,446 --> 00:18:36,240 Yeah. 366 00:18:36,281 --> 00:18:38,075 So I'm not a dun-colored mare? 367 00:18:41,328 --> 00:18:44,373 It's, uh, Salinger. 368 00:18:44,414 --> 00:18:46,959 Oh, I didn't like  Catcher in the Rye. 369 00:18:47,000 --> 00:18:49,211 It was overrated to me,  so I skipped the others. 370 00:18:49,253 --> 00:18:50,796 Worth it? 371 00:18:52,297 --> 00:18:54,174 Uh, yeah. 372 00:18:54,216 --> 00:18:56,593 I mean, I guess. 373 00:18:56,635 --> 00:19:00,305 But thank you so much                  for the shoes. 374 00:19:00,347 --> 00:19:02,474 It's so sweet of you. 375 00:19:04,017 --> 00:19:05,352 You're welcome. 376 00:20:03,285 --> 00:20:04,620 Hey. 377 00:20:04,661 --> 00:20:07,289 Hey. You okay? 378 00:20:07,331 --> 00:20:11,043 Yeah, you know,       you left these Polaroids 379 00:20:11,084 --> 00:20:12,961 from the Tahoe trip? 380 00:20:13,003 --> 00:20:15,923 Yeah. You can keep them             if you want. 381 00:20:16,924 --> 00:20:18,800 Okay, well... 382 00:20:18,842 --> 00:20:21,929 also, they're here          if you want them. 383 00:20:23,764 --> 00:20:25,515 It's a pretty awesome trip. 384 00:20:25,557 --> 00:20:27,392 You called to talk             about traveling? 385 00:20:31,230 --> 00:20:32,689 We're doing a road show. 386 00:20:32,731 --> 00:20:35,067 Or I said I would do it, 387 00:20:35,108 --> 00:20:36,902 but I think I could        probably walk it back. 388 00:20:36,944 --> 00:20:38,487 Why would you? 389 00:20:40,781 --> 00:20:42,407 Zimmer's gonna find out                about it, 390 00:20:42,449 --> 00:20:44,201 and he'll know I need money               to beat him. 391 00:20:44,243 --> 00:20:45,911 It just feels weak. 392 00:20:47,788 --> 00:20:51,250 You don't like asking for money,  because it makes you feel needy. 393 00:20:51,291 --> 00:20:54,753 And you don't want to need        anything from anybody. 394 00:20:55,837 --> 00:20:59,091 But tell yourself this. 395 00:20:59,132 --> 00:21:03,387 Soon enough, you'll never have  to ask for anything ever again. 396 00:21:03,428 --> 00:21:04,763 And you know when that is. 397 00:21:04,805 --> 00:21:06,098 After this round, 398 00:21:06,139 --> 00:21:07,724 this meeting, this money close. 399 00:21:07,766 --> 00:21:09,434 Yeah, I can't wait for that. 400 00:21:09,476 --> 00:21:10,936 This is your ticket. 401 00:21:10,978 --> 00:21:12,771 And it's not a scratch-off. 402 00:21:12,813 --> 00:21:14,481 You already have the magic         numbers in your head. 403 00:21:14,523 --> 00:21:16,108 You know what to fill out. 404 00:21:16,149 --> 00:21:17,901 But you need to get      the guy to hand it to you. 405 00:21:19,152 --> 00:21:21,280 Yeah, exactly. 406 00:21:21,321 --> 00:21:24,157 See? As usual. 407 00:21:24,199 --> 00:21:25,951 Exactly. 408 00:21:32,958 --> 00:21:34,251 How are you? 409 00:21:34,293 --> 00:21:36,628 New place okay? 410 00:21:37,504 --> 00:21:39,131 Yeah, it's great. 411 00:21:39,172 --> 00:21:41,425 Uh, would have loved      something a little bigger. 412 00:21:41,466 --> 00:21:43,302 Wow, subtle. 413 00:21:43,343 --> 00:21:45,137 What? 414 00:21:45,178 --> 00:21:47,222 I don't know, you're telling me          to convince people 415 00:21:47,264 --> 00:21:48,765 to put money into Uber, 416 00:21:48,807 --> 00:21:50,642 but then you want me       to take money out of Uber 417 00:21:50,684 --> 00:21:53,270 and sell some of my shares           so I can pay you. 418 00:21:53,312 --> 00:21:54,980 Don't. Fucking don't. 419 00:21:55,022 --> 00:21:58,317 I'm just saying-- look, you--       you told me to stay here. 420 00:21:58,358 --> 00:21:59,860 You said you wanted          to find a new spot. 421 00:21:59,901 --> 00:22:01,987 -You said you would buy me out.               -I will. 422 00:22:02,029 --> 00:22:05,324 Okay, so stop accusing me  of being some kind of Valkyrie. 423 00:22:10,203 --> 00:22:11,496 I should go. 424 00:22:11,538 --> 00:22:12,873 Whoa, whoa, whoa. 425 00:22:12,914 --> 00:22:14,458 You're gonna leave it like that? 426 00:22:14,499 --> 00:22:16,043 Do you want  to consider for a second 427 00:22:16,084 --> 00:22:17,836 you just got into my head              right now? 428 00:22:17,878 --> 00:22:19,463 You're like Lancaster Dodd      from the fucking   Master. 429 00:22:19,504 --> 00:22:21,715 Travis, you're no Freddie Quell. 430 00:22:21,757 --> 00:22:23,550 You can handle this         without making yourself 431 00:22:23,592 --> 00:22:25,010 a torpedo juice cocktail. 432 00:22:25,052 --> 00:22:27,012 -Okay, fine.                 -Hey... 433 00:22:30,724 --> 00:22:32,851 you're going to be great               at this. 434 00:22:32,893 --> 00:22:34,644 I promise. 435 00:22:34,686 --> 00:22:36,438 You can do this. 436 00:22:39,191 --> 00:22:40,692 Thank you. 437 00:22:53,413 --> 00:22:54,790 Here you go, guys. 438 00:22:54,831 --> 00:22:56,375 Thank you. 439 00:22:56,416 --> 00:22:57,709 Thanks. 440 00:22:57,751 --> 00:22:59,586 Here. 441 00:23:08,887 --> 00:23:10,806 Kalanick, right? 442 00:23:13,558 --> 00:23:15,727 Emil Michael. 443 00:23:15,769 --> 00:23:17,396 And you guys are...? 444 00:23:17,437 --> 00:23:19,231 InfoVis. 445 00:23:19,272 --> 00:23:20,524 Never heard of it. 446 00:23:20,565 --> 00:23:23,068 B2B. 447 00:23:23,110 --> 00:23:25,737 Crowd analytics. 448 00:23:28,407 --> 00:23:30,200 Hasn't been a great run for us. 449 00:23:30,242 --> 00:23:35,372 That's really surprising given  the confidence you're emanating. 450 00:23:40,127 --> 00:23:42,087 You probably walk in,  and they hand you a check. 451 00:23:44,965 --> 00:23:46,675 Usually. 452 00:23:48,301 --> 00:23:50,095 You didn't do your homework,                Travis. 453 00:23:50,137 --> 00:23:52,931 -All I do is homework. Come on.  -Regulators, taxicab commissions 454 00:23:52,973 --> 00:23:54,766 are gonna do all they can           to shut you down. 455 00:23:54,808 --> 00:23:56,852 There's not gonna be a problem.       You know I'm a survivor. 456 00:23:56,893 --> 00:23:58,937 At Swoosh you almost              did not survive, man. 457 00:23:58,979 --> 00:24:01,231 -That was ahead of its time.  -I looked at your projections. 458 00:24:01,273 --> 00:24:03,108 You have to spend at least five         times more marketing 459 00:24:03,150 --> 00:24:04,734 just to have anybody           know who you are. 460 00:24:04,776 --> 00:24:06,611 I'm gonna raise all that.         That's gonna be fun. 461 00:24:06,653 --> 00:24:08,280 Yeah, you know how much             fucking money 462 00:24:08,321 --> 00:24:10,240 you're going to have to raise?           You know my rule. 463 00:24:10,282 --> 00:24:12,826 We went through this in    Red Swoosh over and over again. 464 00:24:12,868 --> 00:24:15,120 I am not going to invest in a    company where you have to raise 465 00:24:15,162 --> 00:24:16,788 hundreds of millions of dollars 466 00:24:16,830 --> 00:24:18,457 to do tens of millions        of dollars in revenues. 467 00:24:18,498 --> 00:24:20,459 Bro, we are going to be making        billions of dollars. 468 00:24:20,500 --> 00:24:22,669 This idea is much bigger           than Red Swoosh. 469 00:24:22,711 --> 00:24:25,255 -You know that.     -Billions in revenues, maybe. 470 00:24:25,297 --> 00:24:27,466 But you're going to have     to spend billions of dollars 471 00:24:27,507 --> 00:24:29,468 to get there,  and I'll get diluted to nothing. 472 00:24:29,509 --> 00:24:31,636 I don't-- what's the point        of making an investment 473 00:24:31,678 --> 00:24:34,264 in a company where I put in            a lot of money, 474 00:24:34,306 --> 00:24:35,724 and I end up with zip? 475 00:24:35,765 --> 00:24:37,851 If you pass on this right now, 476 00:24:37,893 --> 00:24:39,769 I'm never coming back to you. 477 00:24:39,811 --> 00:24:42,647 Guess what, Travis. I just did. 478 00:24:49,988 --> 00:24:51,573 Hello, InfoVis. 479 00:24:51,615 --> 00:24:54,242 We are ready to go.           Please follow me. 480 00:25:02,375 --> 00:25:04,419 I told you we came too early. 481 00:25:04,461 --> 00:25:06,254 Yeah, I don't want to rush               and get sweaty. 482 00:25:06,296 --> 00:25:07,756 Some of these places                 got leather seats, 483 00:25:07,797 --> 00:25:11,009 and the leather and the sweat...           not a fun combo. 484 00:25:17,349 --> 00:25:19,351 Oh, shit! Sorry. 485 00:25:21,895 --> 00:25:23,313 Travis? 486 00:25:23,355 --> 00:25:25,065 -Zimmer.                -Yeah. 487 00:25:28,068 --> 00:25:29,736 Uh, I know. 488 00:25:29,778 --> 00:25:31,446 But we loved       your campaign that much. 489 00:25:31,488 --> 00:25:34,032 Figure we can't ignore               we're in a dogfight, 490 00:25:34,074 --> 00:25:35,534 might as well lean in. 491 00:25:35,575 --> 00:25:36,785 And the VCs             seem to get it so far. 492 00:25:36,826 --> 00:25:38,119 Yeah, my, uh-- 493 00:25:38,161 --> 00:25:39,663 my shirt's our closer. 494 00:25:39,704 --> 00:25:41,581 Though I guess technically,           it's your shirt. 495 00:25:41,623 --> 00:25:43,708 -So thank you. 496 00:25:43,750 --> 00:25:45,710 Hey, good luck in there. 497 00:25:49,589 --> 00:25:51,383 He's taller than I thought. 498 00:26:00,433 --> 00:26:05,272 I just need to get in your Wi-Fi           and I'll be set. 499 00:26:09,776 --> 00:26:14,155 Travis, Emil, the team and I       are excited you came in. 500 00:26:17,033 --> 00:26:20,745 Yeah, no, I don't think so. 501 00:26:22,872 --> 00:26:24,457 You guys just had                  a company in here 502 00:26:24,499 --> 00:26:26,918 I don't even want to be            in the same room with. 503 00:26:26,960 --> 00:26:28,628 I mean, I get it, right? 504 00:26:28,670 --> 00:26:30,922 Companies have to donate    to Republicans and to Democrats 505 00:26:30,964 --> 00:26:33,925 so you're greased in     with whoever wins, but you... 506 00:26:33,967 --> 00:26:35,885 you're VCs. 507 00:26:35,927 --> 00:26:38,179 You're supposed to believe in    the company you put money into, 508 00:26:38,221 --> 00:26:39,848 not just protect yourself          in the possibility 509 00:26:39,889 --> 00:26:41,224 you made the wrong call. 510 00:26:43,810 --> 00:26:48,815 So your pitch is we go with you        or Lyft, but not both? 511 00:26:53,320 --> 00:26:55,822 I'm gonna make it easy for you.           We're done here. 512 00:26:57,949 --> 00:26:59,367 Thanks for the water. 513 00:27:04,122 --> 00:27:06,458 Cancel the meetings. 514 00:27:06,499 --> 00:27:08,501 -Which?             -All of them. 515 00:27:09,502 --> 00:27:12,255 That's fucking genius. 516 00:27:14,007 --> 00:27:15,967 That's fucking insane.      You canceled the road show? 517 00:27:16,009 --> 00:27:18,303 -You don't want to do the raise?     -No, no, no. We're doing it. 518 00:27:18,345 --> 00:27:20,472 Bill, look, it's like,       you ever been to a club? 519 00:27:20,513 --> 00:27:22,974 You know, the velvet rope that  makes everyone want to get in? 520 00:27:23,016 --> 00:27:26,311 So I am a club called Unicorn,       and if investors want in, 521 00:27:26,353 --> 00:27:27,896 they got to get in line. 522 00:27:27,937 --> 00:27:29,814 -Maybe that stunt 523 00:27:29,856 --> 00:27:31,608 that you pulled         at the VC firm works. 524 00:27:31,650 --> 00:27:33,693 Maybe they want in so bad          they make an offer. 525 00:27:33,735 --> 00:27:35,862 They block out Lyft. 526 00:27:35,904 --> 00:27:38,239 Even so, we still have          to raise the rest. 527 00:27:38,281 --> 00:27:40,241 We're gonna raise the rest,                 dude. 528 00:27:40,283 --> 00:27:41,660 We're just gonna do it here. 529 00:27:41,701 --> 00:27:43,161 We're flipping the paradigm. 530 00:27:43,203 --> 00:27:44,954 It's not a road show. 531 00:27:46,956 --> 00:27:49,167 Home show. Home show! 532 00:27:49,209 --> 00:27:51,628 Home show! Come on! 533 00:27:51,670 --> 00:27:54,631 Right?    You're with the insurgents now. 534 00:27:54,673 --> 00:27:55,924 This shouldn't be        fucking with your head. 535 00:27:55,965 --> 00:27:57,842 No, I'm just trying      to figure out 536 00:27:57,884 --> 00:28:00,553 how it is that starving       your own company 537 00:28:00,595 --> 00:28:04,015 is insurgency    and not just a temper tantrum. 538 00:28:04,057 --> 00:28:06,017 -Worked for Gandhi.             -Yeah, well, 539 00:28:06,059 --> 00:28:07,477 when Gandhi made that choice, 540 00:28:07,519 --> 00:28:09,354 he was the one  doing the starving. 541 00:28:09,396 --> 00:28:11,690 Not his investors. 542 00:28:22,575 --> 00:28:26,663 Because mutiny on the bounty        Is what we're all about 543 00:28:26,705 --> 00:28:29,833 I'm gonna board your ship           And turn it on out 544 00:28:29,874 --> 00:28:32,419 No soft sucker  With a parrot on his shoulder 545 00:28:32,460 --> 00:28:35,630 I'm bad, getting bolder          Cold getting colder 546 00:28:35,672 --> 00:28:38,717 Terrorizing suckers          On the seven seas 547 00:28:38,758 --> 00:28:40,510 And if you've got beef 548 00:28:40,552 --> 00:28:42,095 You'll get capped              In the knees 549 00:28:42,137 --> 00:28:45,390 We got 16 men         On a dead man's chest 550 00:28:45,432 --> 00:28:48,476 And I shot those suckers        And I'll shoot the rest 551 00:28:48,518 --> 00:28:51,479 Most illingest B-boy           I got that feeling 552 00:28:51,521 --> 00:28:55,108 'Cause I am most ill      And I'm rhyming and stealing 553 00:29:00,905 --> 00:29:03,908 Snatching gold chains        Nicking pieces of eight 554 00:29:03,950 --> 00:29:05,410 I got your money             And your honey 555 00:29:05,452 --> 00:29:07,245 And the fly name plate 556 00:29:07,287 --> 00:29:09,330 We got wenches             On the benches 557 00:29:09,372 --> 00:29:10,874 Bitties with titties 558 00:29:10,915 --> 00:29:12,375 Housing all girlies 559 00:29:12,417 --> 00:29:14,252 From city to city 560 00:29:14,294 --> 00:29:16,421 One for all and all for one 561 00:29:16,463 --> 00:29:20,091 Taking out MCs           With a big shotgun 562 00:29:20,133 --> 00:29:23,011 All for one and one for all 563 00:29:23,052 --> 00:29:26,598 Because the Beastie Boys             Have gone AWOL 564 00:29:26,639 --> 00:29:29,684 Most rhyminest B-boy        I'm stretching my shade 565 00:29:29,726 --> 00:29:32,604 Most shootinest B-boy          I think you're shit 566 00:29:32,645 --> 00:29:35,774 Most rhyminest B-boy  I'll steal your shit, homeboy 567 00:29:35,815 --> 00:29:38,777 Most taxinest B-boy          I'll tax you, boy 568 00:29:38,818 --> 00:29:42,155 Most illingest, illingest            Illingest B-boy 569 00:29:42,197 --> 00:29:46,284 Taxing all y'all squares                  Yeah 570 00:29:46,326 --> 00:29:48,286 I've tried every fucking thing. 571 00:29:48,328 --> 00:29:51,498 I can't get this class C          bullshit shut down. 572 00:29:51,539 --> 00:29:53,416 Yeah, and Zimmer knows it,          and he's using it. 573 00:29:53,458 --> 00:29:55,293 Every meeting now         someone's asking me, 574 00:29:55,335 --> 00:29:56,878 what does Uber have to do            to get bigger? 575 00:29:56,920 --> 00:29:58,338 Do you have an answer? 576 00:29:58,379 --> 00:30:00,131 It occurs to me        I think we got polite. 577 00:30:00,173 --> 00:30:01,925 We're just using registered         livery drivers, why? 578 00:30:01,966 --> 00:30:03,343 Because it's a fucking rule? 579 00:30:03,384 --> 00:30:05,094 I mean while Lyft                 is undercutting us 580 00:30:05,136 --> 00:30:06,679 like they're Costco of livery. 581 00:30:06,721 --> 00:30:08,264 We're disruptors. 582 00:30:08,306 --> 00:30:11,100 We can't be afraid         to disrupt even ourselves. 583 00:30:13,645 --> 00:30:14,854 We open up the business. 584 00:30:14,896 --> 00:30:16,564 Let in civilians, 585 00:30:16,606 --> 00:30:18,942 anybody with a driver's license       can come join the team. 586 00:30:18,983 --> 00:30:21,319 We will crush Lyft          at their own game. 587 00:30:21,361 --> 00:30:24,656 Luxury in an app.      That was the vision always. 588 00:30:24,697 --> 00:30:26,157 And it's a great vision. 589 00:30:26,199 --> 00:30:28,618 Uber is a black car company. 590 00:30:28,660 --> 00:30:31,329 No one wants to ride around       in someone's used Camry. 591 00:30:31,371 --> 00:30:33,915 Are you so sure about that? 592 00:30:36,876 --> 00:30:40,296 This is the last time                this ever happens. 593 00:30:40,338 --> 00:30:43,842 Police walked in             For Jimmy Jazz 594 00:30:43,883 --> 00:30:47,929 I said "He ain't here          But he sure went by" 595 00:30:47,971 --> 00:30:50,640 Oh, you're looking for 596 00:30:50,682 --> 00:30:53,017 Jimmy Jazz 597 00:30:54,269 --> 00:30:55,979 Yeah, they said 598 00:30:56,020 --> 00:31:00,024 Satta Massagana            For Jimmy Dread 599 00:31:00,066 --> 00:31:03,069 Cut off his ears         And chop off his head 600 00:31:03,111 --> 00:31:05,738 Police come look for 601 00:31:05,780 --> 00:31:07,532 Jimmy Jazz 602 00:31:07,574 --> 00:31:10,076 Jazz, Jazz, Jazz 603 00:31:10,118 --> 00:31:11,578 So go look 604 00:31:15,874 --> 00:31:18,334 Wow! Thanks so much, guys. 605 00:31:18,376 --> 00:31:20,169 Have a fantastic night. 606 00:31:22,088 --> 00:31:23,423 Chatty fella. 607 00:31:23,464 --> 00:31:25,133 That's the Lyft UX in action. 608 00:31:25,174 --> 00:31:26,885 You know, you sit up front,          you make a friend. 609 00:31:26,926 --> 00:31:28,428 Yeah, I'm not that lonely yet. 610 00:31:28,469 --> 00:31:29,971 I'm not saying       that it couldn't happen, 611 00:31:30,013 --> 00:31:32,140 but there's nothing cool        about that experience. 612 00:31:32,181 --> 00:31:33,725 Maybe that's not the point. 613 00:31:33,766 --> 00:31:35,935 Are we selling cool,      or selling transportation? 614 00:31:37,604 --> 00:31:39,230 We're selling cool transpo. 615 00:31:39,272 --> 00:31:40,982 Elegant. James fucking Bond. 616 00:31:41,024 --> 00:31:43,067 That's the brand.  Always has been. 617 00:31:43,109 --> 00:31:45,653 TK, it's your call. 618 00:31:45,695 --> 00:31:47,906 I mean, it's your call. 619 00:31:51,034 --> 00:31:53,369 Both. 620 00:31:53,411 --> 00:31:55,163 You go into a department store, 621 00:31:55,204 --> 00:31:57,165 they have that shitty jewelry        on the counter, right? 622 00:31:57,206 --> 00:31:59,083 But the good stuff        is in the glass boxes. 623 00:31:59,125 --> 00:32:01,044 -Two levels of service.         -Exactly, all right. 624 00:32:01,085 --> 00:32:03,421 So you want luxury, you want     cool, you can pay for cool. 625 00:32:03,463 --> 00:32:05,089 But we slide another option             into the app. 626 00:32:05,131 --> 00:32:07,717 Charge 35% less          and call it UberX, 627 00:32:07,759 --> 00:32:09,052 so it still feels cool. 628 00:32:10,637 --> 00:32:12,722 It's always X with you. 629 00:32:12,764 --> 00:32:14,432 Yeah, the X is for "extra sexy." 630 00:32:16,309 --> 00:32:17,727 You would laugh at that. 631 00:32:23,149 --> 00:32:26,986 Dude, you brought me in to grind       on these kinds of calls. 632 00:32:28,321 --> 00:32:30,323 Yeah. That's true. 633 00:32:35,078 --> 00:32:36,621 But I'm still gonna  give you my opinion, 634 00:32:36,663 --> 00:32:38,623 and I expect you  to take it seriously. 635 00:32:41,501 --> 00:32:43,127 And then I'll ride with you              on it. 636 00:32:43,169 --> 00:32:44,963 No matter what you decide. 637 00:32:45,004 --> 00:32:46,881 It's your company, man. 638 00:32:52,929 --> 00:32:54,472 For Garrett? 639 00:33:05,191 --> 00:33:07,944 You know,      I'm hearing Google Ventures 640 00:33:07,986 --> 00:33:09,737 is in the mix this round. 641 00:33:11,906 --> 00:33:13,241 That's weird. 642 00:33:16,077 --> 00:33:19,455 I can't control the rumor mill,             Bill, can I? 643 00:33:25,712 --> 00:33:27,171 That's me. 644 00:33:48,067 --> 00:33:51,612 Once we added the UberX         functionality, boom, 645 00:33:51,654 --> 00:33:54,198 that is driver supply,        that is rider demand. 646 00:33:54,240 --> 00:33:55,366 What part of        "do not disturb" do--? 647 00:34:14,260 --> 00:34:16,888 David motherfucking Drummond. 648 00:34:16,929 --> 00:34:19,057 In theory, a top Google lawyer. 649 00:34:19,098 --> 00:34:22,060 In practice, Larry and Sergey's             business brain. 650 00:34:22,101 --> 00:34:24,228 Head of their investment arm,             Google Ventures. 651 00:34:24,270 --> 00:34:27,732 Loved and feared in every       boardroom in Silicon Valley. 652 00:34:27,774 --> 00:34:29,734 A real OG. 653 00:34:29,776 --> 00:34:32,153 And a BFD. 654 00:34:32,195 --> 00:34:34,864 And the one-man TK        set this entire trap for. 655 00:34:34,906 --> 00:34:38,785 Hi. Travis Kalanick. 656 00:34:38,826 --> 00:34:40,745 No shit. I'm in your office. 657 00:34:42,914 --> 00:34:44,457 Sit down. 658 00:34:46,209 --> 00:34:47,877 I don't imagine  you made the drive 659 00:34:47,919 --> 00:34:49,879 all the way from Mountain View          to hear me talk, 660 00:34:49,921 --> 00:34:51,380 so why don't you start? 661 00:34:51,422 --> 00:34:53,049 I'm wondering              who you think you are 662 00:34:53,091 --> 00:34:55,259 telling everyone in my valley           we're in your round. 663 00:34:57,470 --> 00:34:58,679 Aren't you? 664 00:34:58,721 --> 00:35:02,058 Because again,  long drive, David. 665 00:35:02,100 --> 00:35:03,851 Or is it Mr. Drummond? 666 00:35:03,893 --> 00:35:07,688 I'm more of a TK to my friends,         Travis to my enemies, 667 00:35:07,730 --> 00:35:12,151 and a fucking lottery ticket to  anybody who knows what's what. 668 00:35:18,032 --> 00:35:21,744 Breakfast, Tuesday, 9:00 a.m.,     Charlie's Café on the campus. 669 00:35:21,786 --> 00:35:24,122 This is a home show,           not a road show. 670 00:35:27,458 --> 00:35:29,794 You know what?       I can make an exception. 671 00:35:29,836 --> 00:35:31,295 That's cool. 672 00:35:34,006 --> 00:35:35,299 But... 673 00:35:37,468 --> 00:35:39,470 I want Larry Page there. 674 00:35:42,140 --> 00:35:43,808 That's a tough get. 675 00:35:45,143 --> 00:35:46,811 I'll see what I can do. 676 00:35:59,532 --> 00:36:01,117 Um, hi. 677 00:36:01,159 --> 00:36:04,328 David fucking Drummond  came into the office today, 678 00:36:04,370 --> 00:36:06,664 and we are going     to the Googleplex on Tuesday. 679 00:36:06,706 --> 00:36:08,166 And Larry Page  is gonna be there! 680 00:36:08,207 --> 00:36:09,458 I feel fucking amazing! 681 00:36:09,500 --> 00:36:10,877 I can see that. 682 00:36:14,005 --> 00:36:17,592 You are my good-luck charm. 683 00:36:17,633 --> 00:36:20,178 Okay. Well, I like that. 684 00:36:58,716 --> 00:37:00,259 Is he coming? 685 00:37:08,059 --> 00:37:09,852 Larry Page, Travis Kalanick, 686 00:37:09,894 --> 00:37:11,062 and Emil Michael. 687 00:37:11,103 --> 00:37:12,939 It's so great to meet you, man. 688 00:37:33,167 --> 00:37:35,836 So, look, I'll admit  when I started Uber, 689 00:37:35,878 --> 00:37:37,838 it was just a way  for me and my buddies 690 00:37:37,880 --> 00:37:40,258 to get around San Francisco      in limos like ballers. 691 00:37:40,299 --> 00:37:42,510 You know, we didn't have         a grand plan. 692 00:37:42,551 --> 00:37:44,095 For a minute. 693 00:37:44,136 --> 00:37:45,763 But then I was forced         to learn to improvise 694 00:37:45,805 --> 00:37:48,015 once it turned out         everybody wanted in. 695 00:37:48,057 --> 00:37:50,184 Has that ever happened to you?     You know, you have an idea 696 00:37:50,226 --> 00:37:51,936 and then it spins  into something else? 697 00:37:56,649 --> 00:37:58,359 Maybe not. 698 00:37:58,401 --> 00:38:00,444 Maybe you just see it all        in front of you 699 00:38:00,486 --> 00:38:01,779 perfectly mapped out, 700 00:38:01,821 --> 00:38:03,447 exactly the way  it'll come to pass. 701 00:38:03,489 --> 00:38:05,700 I don't know, me? I have to stay          open to opportunity 702 00:38:05,741 --> 00:38:07,451 and nimble enough to change, 703 00:38:07,493 --> 00:38:09,912 because here's the thing:  we are not a limo company. 704 00:38:09,954 --> 00:38:11,789 We're a technology company. 705 00:38:11,831 --> 00:38:13,249 But if I had known that        at the start, 706 00:38:13,291 --> 00:38:14,917 I might have never started. 707 00:38:14,959 --> 00:38:16,877 You know, my mom, she says,     "Look before you leap." 708 00:38:16,919 --> 00:38:19,714 But I'm always like, how am I    going to get a good enough view 709 00:38:19,755 --> 00:38:21,132 and decide what's next 710 00:38:21,173 --> 00:38:23,384 if I'm not already up  in the air, you know? 711 00:38:23,426 --> 00:38:25,052 Because I took the leap, right? 712 00:38:25,094 --> 00:38:26,804 Like you guys with Google Maps,            that is a leap. 713 00:38:26,846 --> 00:38:29,307 But you're up in the air,  and you can look, and boom. 714 00:38:30,850 --> 00:38:33,436 Autonomous vehicles, right? 715 00:38:38,024 --> 00:38:40,818 Yeah, you know,           self-driving cars 716 00:38:40,860 --> 00:38:43,404 are very much front of mind. 717 00:38:43,446 --> 00:38:45,781 Still early stages, but... 718 00:38:46,741 --> 00:38:48,993 Yeah. 719 00:38:59,337 --> 00:39:03,424 Ooh, you make me live 720 00:39:03,466 --> 00:39:07,053 Whatever this world             Can give to me 721 00:39:07,094 --> 00:39:08,763 It's you 722 00:39:08,804 --> 00:39:11,474 You're all I see 723 00:39:11,515 --> 00:39:15,936 Ooh, you make me live now                 Honey 724 00:39:15,978 --> 00:39:18,898 Ooh, you make me live 725 00:39:20,649 --> 00:39:23,778 Oh, you're the best friend 726 00:39:23,819 --> 00:39:26,155 That I ever had 727 00:39:26,197 --> 00:39:30,910 I've been with you          Such a long time... 728 00:39:38,626 --> 00:39:41,253 Look, it'd be easy  for Google Ventures 729 00:39:41,295 --> 00:39:43,214 to just plug some money          into Uber 730 00:39:43,255 --> 00:39:46,133 and walk away and siphon off       some of our success. 731 00:39:46,175 --> 00:39:47,802 But I don't think  that's what you want to do. 732 00:39:47,843 --> 00:39:49,512 I think you want us  to grow together, right? 733 00:39:49,553 --> 00:39:51,222 Like, imagine we could         share data 734 00:39:51,263 --> 00:39:52,640 from all the millions of trips 735 00:39:52,681 --> 00:39:53,849 that Uber runs every day. 736 00:39:53,891 --> 00:39:55,851 Plug that into Google Maps 737 00:39:55,893 --> 00:39:57,436 or anything else  that we want to team up on. 738 00:39:57,478 --> 00:39:59,563 Flying cars. 739 00:40:01,690 --> 00:40:04,110 The numbers. 740 00:40:04,151 --> 00:40:05,403 You aware? 741 00:40:05,444 --> 00:40:07,530 Flying cars? 742 00:40:07,571 --> 00:40:12,201 Move 14% of vehicles currently        on the road to air lanes, 743 00:40:12,243 --> 00:40:15,079 traffic congestion                     goes down 82%. 744 00:40:16,205 --> 00:40:17,665 Wow. 745 00:40:17,706 --> 00:40:18,916 That... 746 00:40:23,546 --> 00:40:25,089 Your idea? 747 00:40:25,756 --> 00:40:27,341 Uber? 748 00:40:27,383 --> 00:40:29,260 Oh, yeah. 749 00:40:29,301 --> 00:40:30,761 Yeah, it was. 750 00:40:30,803 --> 00:40:32,596 My partner, Garrett,  he ideated the concept, 751 00:40:32,638 --> 00:40:35,683 but I refined it  and really built it. 752 00:40:38,769 --> 00:40:40,312 Interesting. 753 00:40:42,231 --> 00:40:45,943 How does route planning work? 754 00:40:45,985 --> 00:40:48,529 That's not easy. 755 00:40:48,571 --> 00:40:53,117 That's... is that OSRM,      or are you using our APIs? 756 00:40:53,159 --> 00:40:56,120 It's open-source. 757 00:40:56,162 --> 00:40:58,122 Open-source what? 758 00:41:00,207 --> 00:41:02,626 OpenStreetMap, I'm pretty sure. 759 00:41:02,668 --> 00:41:05,129 It's-- it's really advanced.  We have the best guys on it. 760 00:41:07,465 --> 00:41:08,632 If you say so. 761 00:41:11,302 --> 00:41:16,515 You don't actually write code,           do you, Tyler? 762 00:41:17,349 --> 00:41:18,601 Travis. 763 00:41:18,642 --> 00:41:20,019 Kalanick. 764 00:41:25,774 --> 00:41:27,318 Okay. 765 00:41:28,527 --> 00:41:30,654 Good. 766 00:41:30,696 --> 00:41:33,491 Yeah, we should, you know... 767 00:41:36,619 --> 00:41:37,995 You know... 768 00:41:50,674 --> 00:41:52,051 Let's do this. 769 00:41:54,512 --> 00:41:56,639 If we come on,        I'll get a board seat. 770 00:41:56,680 --> 00:41:57,973 -An observer's seat.            -A voting seat. 771 00:41:58,015 --> 00:41:59,391 That's a deal-breaker. 772 00:41:59,433 --> 00:42:01,143 The only way I'm giving up 773 00:42:01,185 --> 00:42:02,853 a voting seat is if there's         a spend commensurate 774 00:42:02,895 --> 00:42:04,688 -with the people at this table.            -It's my table. 775 00:42:04,730 --> 00:42:06,982 If Uber weren't the hottest  entrant in transportation space, 776 00:42:07,024 --> 00:42:09,401 I wouldn't be sitting here,        and neither would you. 777 00:42:09,443 --> 00:42:10,903 Look... 778 00:42:12,947 --> 00:42:15,074 Amazon is a warehouse company. 779 00:42:15,115 --> 00:42:17,368 We are the everything company. 780 00:42:17,409 --> 00:42:18,744 You revolutionize           transportation, 781 00:42:18,786 --> 00:42:20,246 you revolutionize          urban development, 782 00:42:20,287 --> 00:42:22,206 real estate, the energy sector, 783 00:42:22,248 --> 00:42:23,999 food and hospitality,         trading and shipping. 784 00:42:24,041 --> 00:42:26,669 I mean, this is a lot more      than just how people shop. 785 00:42:26,710 --> 00:42:29,046 This is how they live,      and it's all frictionless, 786 00:42:29,088 --> 00:42:30,756 because that's who we are. 787 00:42:30,798 --> 00:42:32,883 Our brand changes the world,         just like your does. 788 00:42:32,925 --> 00:42:34,134 You got an ask? 789 00:42:37,429 --> 00:42:40,558 Quarter-bil. 790 00:42:40,599 --> 00:42:42,893 The most Google's ever invested         is a hundred million. 791 00:42:42,935 --> 00:42:44,728 I'm willing to talk something          in that ballpark-- 792 00:42:44,770 --> 00:42:47,690 Talk about      a quarter-billion dollars. 793 00:42:47,731 --> 00:42:49,608 That's the ask. 794 00:42:53,779 --> 00:42:56,073 -Can you believe that?       -That was fucking insane. 795 00:42:56,115 --> 00:42:58,325 Dude, the vibe between            me and Larry was tight. 796 00:43:02,288 --> 00:43:03,831 I'm calling Bill. 797 00:43:03,872 --> 00:43:05,958 Hmm? No, no, no.        Don't-- don't do that. 798 00:43:06,000 --> 00:43:08,419 Okay, maybe I don't? 799 00:43:08,460 --> 00:43:10,462 I'm running this play without        protection in the pocket. 800 00:43:10,504 --> 00:43:12,423 Fuck. 801 00:43:12,464 --> 00:43:14,466 You went in there  without even telling Bill 802 00:43:14,508 --> 00:43:17,094 and without telling me what  the actual ask was gonna be? 803 00:43:18,345 --> 00:43:19,722 Are you actually in the pocket? 804 00:43:21,473 --> 00:43:23,100 I'm fine. 805 00:43:23,142 --> 00:43:24,560 He's gonna find out. 806 00:43:24,602 --> 00:43:26,270 He's not my dad. 807 00:43:26,312 --> 00:43:28,564 And if we nail a quarter-bil,          then he can apologize. 808 00:43:28,606 --> 00:43:32,568 If we don't, then he can gloat. 809 00:43:40,784 --> 00:43:43,037 You don't actually         have the Google cash. 810 00:43:43,078 --> 00:43:44,622 We might never have it. 811 00:43:44,663 --> 00:43:46,874 You might have completely       blown it with that ask. 812 00:43:46,915 --> 00:43:49,001 I cannot believe    you're not with me on this one. 813 00:43:56,091 --> 00:43:57,885 Dude, the money is coming in           one way or another. 814 00:43:57,926 --> 00:43:59,303 Look at our growth rate. 815 00:43:59,345 --> 00:44:01,263 -Look at our burn rate.             -That's true. 816 00:44:01,305 --> 00:44:03,307 -The incentives are killing us.     -But that's why we buy Lyft, 817 00:44:03,349 --> 00:44:06,268 so we can stop paying these    fucking incentives to the 818 00:44:06,310 --> 00:44:09,063 drivers, because where else                 are they gonna go? 819 00:44:13,692 --> 00:44:15,944 Maybe we should          run this by Bill-- 820 00:44:15,986 --> 00:44:18,989 No, we're not. Don't say "Bill."  We're not running by anything. 821 00:44:19,031 --> 00:44:20,658 No run-bys.             We endgame Lyft, okay? 822 00:44:20,699 --> 00:44:22,201 We get the Google money,           and we end them. 823 00:44:22,242 --> 00:44:23,994 That's it. 824 00:44:24,036 --> 00:44:25,913 Unless you want them nipping         at our heels forever. 825 00:44:29,208 --> 00:44:31,001 Should I have called? 826 00:44:32,002 --> 00:44:33,379 Give me the room. 827 00:44:43,222 --> 00:44:44,848 I love saying that. 828 00:44:47,142 --> 00:44:48,227 David Drummond called. 829 00:44:50,562 --> 00:44:51,939 Called you? 830 00:44:51,980 --> 00:44:53,857 I'm the guy they call. 831 00:44:53,899 --> 00:44:55,693 That's how this works. 832 00:44:55,734 --> 00:44:57,486 When you fuck up, they call me. 833 00:44:57,528 --> 00:45:00,030 When you try to go deep     with Larry Page, they call me. 834 00:45:00,072 --> 00:45:02,032 When you land over    a quarter of a billion dollars 835 00:45:02,074 --> 00:45:04,576 of Google's money, they call me. 836 00:45:06,245 --> 00:45:07,705 Fuck you. 837 00:45:07,746 --> 00:45:09,790 No, thanks. I'm good. 838 00:45:09,832 --> 00:45:12,459 My founder just raised                 some serious cash. 839 00:45:12,501 --> 00:45:14,128 Oh! 840 00:45:15,421 --> 00:45:17,131 -You feeling it?              -Holy shit! 841 00:45:17,172 --> 00:45:19,049 Yes. Holy shit. 842 00:45:19,091 --> 00:45:21,051 I know how to win now.                   I know how. 843 00:45:21,093 --> 00:45:23,178 I already set up  the dinner with Zimmer. 844 00:45:23,220 --> 00:45:24,388 Now you can do it. 845 00:45:24,430 --> 00:45:26,181 Okay, then. 846 00:45:26,223 --> 00:45:28,434 We're gonna go in there,  we're gonna scoop up Lyft. 847 00:45:28,475 --> 00:45:31,770 Zimmer is gonna--    he's gonna act weird at first. 848 00:45:31,812 --> 00:45:33,605 He's bleeding.        His board's after him. 849 00:45:33,647 --> 00:45:36,024 He knows he's dying,  and he doesn't want to die. 850 00:45:36,066 --> 00:45:37,860 So you're gonna let him know 851 00:45:37,901 --> 00:45:41,113 that you're not going to go to  the press and call him a loser. 852 00:45:43,115 --> 00:45:45,242 And you're gonna treat     his employees with respect... 853 00:45:46,618 --> 00:45:48,454 and a seat on the board. 854 00:45:54,209 --> 00:45:56,587 -Okay, I can do that.         -Oh, I know you can, 855 00:45:56,628 --> 00:45:58,589 because a guy marries a woman             with kids, 856 00:45:58,630 --> 00:46:02,384 he has to prove he's not gonna      fuck up her life or theirs. 857 00:46:02,426 --> 00:46:03,886 You get it? 858 00:46:03,927 --> 00:46:06,138 I got it. 859 00:46:10,058 --> 00:46:12,519 Did you say            over a quarter-billion? 860 00:46:12,561 --> 00:46:14,104 Two-fifty-seven. 861 00:46:18,650 --> 00:46:20,611 I guess it's okay if they       bigfoot us now, right, Bill? 862 00:46:20,652 --> 00:46:22,404 It's very fucking okay.  They bought the right. 863 00:46:27,367 --> 00:46:29,286 The legend's always been 864 00:46:29,328 --> 00:46:32,581 the restaurants in Little India      all share the same kitchen. 865 00:46:32,623 --> 00:46:35,167 So you walk down Sixth Street           in New York City, 866 00:46:35,209 --> 00:46:38,170 and every storefront         has a different name. 867 00:46:38,212 --> 00:46:40,130 They have a different collection          of Christmas lights 868 00:46:40,172 --> 00:46:42,216 and different aging menus         taped to the windows, 869 00:46:42,257 --> 00:46:44,426 but it's all a mirage. 870 00:46:44,468 --> 00:46:46,845 You mean like an actual mirage,     or people just can't believe 871 00:46:46,887 --> 00:46:48,514 that all these different          Indian restaurants 872 00:46:48,555 --> 00:46:50,015 share the same kitchen? 873 00:46:50,057 --> 00:46:51,225 Never did find out. 874 00:46:51,266 --> 00:46:52,851 The vindaloo, 875 00:46:52,893 --> 00:46:54,937 it doesn't taste the same             at all those places. 876 00:46:54,978 --> 00:46:56,480 I just-- I call bullshit. 877 00:46:56,522 --> 00:46:58,273 Yeah, me too. Probably, right? 878 00:46:58,315 --> 00:47:00,234 But maybe            that's the magic of it. 879 00:47:00,275 --> 00:47:02,444 Create the sense of choice 880 00:47:02,486 --> 00:47:04,822 that the customer is engaging            in a decision. 881 00:47:04,863 --> 00:47:07,825 But actually all the money's    flowing back to the same place. 882 00:47:07,866 --> 00:47:12,329 And in this case, that'd be us. 883 00:47:12,371 --> 00:47:13,831 Something like that. 884 00:47:23,173 --> 00:47:26,969 We think you retaining 17%    of the company is a fair deal. 885 00:47:27,010 --> 00:47:28,929 We wanted 25. 886 00:47:28,971 --> 00:47:31,014 We know, Kate. 887 00:47:34,726 --> 00:47:37,187 I can sit with 17. 888 00:47:37,229 --> 00:47:38,897 Board seat as discussed. 889 00:47:38,939 --> 00:47:41,191 Lyft retains its app and staff, 890 00:47:41,233 --> 00:47:43,819 and we can discuss        lightening our C-suite. 891 00:47:43,861 --> 00:47:46,864 We have a few top performers         we'd like to protect. 892 00:48:01,962 --> 00:48:03,380 Eight percent. 893 00:48:09,094 --> 00:48:10,387 You know what I wanted to say? 894 00:48:10,429 --> 00:48:12,139 Here's my final offer: nothing. 895 00:48:12,180 --> 00:48:14,057 Like the Lake Tahoe scene. 896 00:48:14,099 --> 00:48:16,226 I just didn't want you guys    to think I was screwing around. 897 00:48:16,268 --> 00:48:17,895 - Travis.      - So you're serious? 898 00:48:17,936 --> 00:48:19,938 I mean, I also sprung           for the Sam Wo's. 899 00:48:23,609 --> 00:48:25,402 You know, Travis,  sometimes when you put your dick 900 00:48:25,444 --> 00:48:27,154 out on a table, 901 00:48:27,195 --> 00:48:29,573 it doesn't necessarily mean          you have a big one. 902 00:48:29,615 --> 00:48:31,533 It might just mean         you exposed yourself. 903 00:48:31,575 --> 00:48:34,620 You have no fucking idea  how many people assume 904 00:48:34,661 --> 00:48:36,121 that everything  I've accomplished 905 00:48:36,163 --> 00:48:38,874 is somehow to compensate  for everything I'm not. 906 00:48:40,083 --> 00:48:42,669 But you have to know 907 00:48:42,711 --> 00:48:45,422 the whole worth of your company     is predicated on my success. 908 00:48:46,340 --> 00:48:47,549 You're a tapeworm. 909 00:48:47,591 --> 00:48:49,301 I'm the host. You need me. 910 00:48:49,343 --> 00:48:51,720 What, to be on that wall?       I need you on that wall? 911 00:48:51,762 --> 00:48:55,098 You need me to survive. 912 00:48:55,140 --> 00:48:56,850 I understand you feel that way. 913 00:48:56,892 --> 00:48:58,810 This isn't about feelings, man.         This is about facts. 914 00:48:58,852 --> 00:49:01,396 You're shedding six and a half             percent a day 915 00:49:01,438 --> 00:49:04,066 of potential revenue           to us post-UberX. 916 00:49:04,107 --> 00:49:05,317 We're gonna roll out  dynamic pricing. 917 00:49:05,359 --> 00:49:06,234 That number's going to double. 918 00:49:06,276 --> 00:49:07,819 You're going to lose all your               drivers. 919 00:49:07,861 --> 00:49:09,738 More than that, you're going to         lose your customers. 920 00:49:09,780 --> 00:49:11,031 because they like        your little interface. 921 00:49:11,073 --> 00:49:12,324 But you know         what they like more? 922 00:49:12,366 --> 00:49:13,784 A car that shows up fast, 923 00:49:13,825 --> 00:49:15,285 and you won't be able            to provide it. 924 00:49:20,332 --> 00:49:22,960 He's not putting it       very diplomatically. 925 00:49:23,001 --> 00:49:27,631 His terms are not the ones                     I recommended. 926 00:49:32,511 --> 00:49:34,137 But it is true. 927 00:49:40,394 --> 00:49:42,062 Something funny? 928 00:49:42,104 --> 00:49:43,897 You could have walked               out of here tonight 929 00:49:43,939 --> 00:49:46,358 owning the entire                  rideshare space. 930 00:49:46,400 --> 00:49:48,485 Like Coke and Pepsi got hitched. 931 00:49:48,527 --> 00:49:49,987 But you're not smart enough. 932 00:49:50,028 --> 00:49:51,822 -No, no, that's not it. 933 00:49:51,863 --> 00:49:55,617 You're not sophisticated enough.      You're not cultured enough. 934 00:49:55,659 --> 00:49:58,161 Fuck, you're not human enough. 935 00:49:59,579 --> 00:50:02,082 Sure, you have some savvy. 936 00:50:02,124 --> 00:50:04,126 And, yes, you are good             with numbers. 937 00:50:04,167 --> 00:50:07,087 But you're too much     of a goddamn predatory animal 938 00:50:07,129 --> 00:50:09,131 to take a sure thing         when it comes to you. 939 00:50:09,172 --> 00:50:10,674 I don't know why. 940 00:50:10,716 --> 00:50:12,551 I-- I don't actually care. 941 00:50:19,891 --> 00:50:21,810 Here's what's gonna happen. 942 00:50:21,852 --> 00:50:23,520 I'm not ever leaving         the rideshare space. 943 00:50:23,562 --> 00:50:24,980 Not now. 944 00:50:25,022 --> 00:50:26,273 I mean, I was ready                      to pull back. 945 00:50:26,314 --> 00:50:28,358 But after this, uh-uh. 946 00:50:28,400 --> 00:50:30,360 I will grow, and I will suck 947 00:50:30,402 --> 00:50:33,321 the ever-loving fucking life         out of your company. 948 00:50:33,363 --> 00:50:34,781 And I will outlast you. 949 00:50:34,823 --> 00:50:36,116 And when I do,        when I go public first, 950 00:50:36,158 --> 00:50:38,201 I just want you to remember, 951 00:50:38,243 --> 00:50:41,163 you brought this shit-ton  of bricks down on your own head. 952 00:50:41,204 --> 00:50:43,457 Bill, thanks much. 953 00:50:54,885 --> 00:50:57,345 Well, that was fucking         ridiculous. 954 00:51:26,666 --> 00:51:28,001 I had to take a walk. 955 00:51:28,043 --> 00:51:30,003 I'm sorry you wasted       your evening. 956 00:51:30,045 --> 00:51:31,713 It's fine. 957 00:51:32,964 --> 00:51:34,424 I know it's not. 958 00:51:37,928 --> 00:51:39,763 What are you doing, Bill? 959 00:51:39,805 --> 00:51:42,557 Riding shotgun         with a guy like that? 960 00:51:42,599 --> 00:51:44,726 I saw your face. You had no idea 961 00:51:44,768 --> 00:51:46,603 he was gonna self-immolate           in there tonight. 962 00:51:46,645 --> 00:51:49,606 I'm sorry we couldn't  throw you a lifeline, 963 00:51:49,648 --> 00:51:51,525 but his point's not wrong. 964 00:51:52,901 --> 00:51:54,444 Probably all healthier       if we compete. 965 00:51:54,486 --> 00:51:56,446 Sure. 966 00:51:56,488 --> 00:51:58,532 You got to defend your founder. 967 00:51:58,573 --> 00:52:00,450 Gurley stands behind his man. 968 00:52:00,492 --> 00:52:04,746 But every time               Travis gets a win... 969 00:52:06,665 --> 00:52:08,625 you're making him believe 970 00:52:08,667 --> 00:52:10,961 the world owes him that win. 971 00:52:11,002 --> 00:52:13,839 First loss he has,    he's gonna think he's drowning, 972 00:52:13,880 --> 00:52:17,342 and he's gonna stand on    your shoulders to save himself. 973 00:52:17,384 --> 00:52:19,386 He'll push you right under. 974 00:52:27,310 --> 00:52:28,895 John. 975 00:52:40,824 --> 00:52:42,826 Let me know if I can help you        this funding round. 976 00:52:42,868 --> 00:52:47,164 Just, uh, make some quiet calls. 977 00:52:47,205 --> 00:52:49,291 I used to consider you        one of the good ones. 978 00:52:49,332 --> 00:52:52,335 Now I see you've turned  into a jackal like all the rest. 979 00:52:52,377 --> 00:52:54,504 I don't want you       anywhere near my company. 980 00:53:06,474 --> 00:53:09,186 "Google Ventures       is the largest investor, 981 00:53:09,227 --> 00:53:13,481 "with $257.79 million in. 982 00:53:13,523 --> 00:53:18,695 "This round values Uber at    around $3.4 billion pre-money, 983 00:53:18,737 --> 00:53:21,573 $3.76 billion post-money." 984 00:53:21,615 --> 00:53:23,408 This is absolutely            fucking great. 985 00:53:23,450 --> 00:53:25,493 Well, I'm happy to be here. 986 00:53:34,461 --> 00:53:36,046 You going down  to say hello to David? 987 00:53:36,087 --> 00:53:37,380 Yeah, I'm walking now. 988 00:53:37,422 --> 00:53:39,216 Uh, hey, listen,  I was just curious. 989 00:53:39,257 --> 00:53:42,552 When was it that, uh, you guys    decided to tank the Lyft deal 990 00:53:42,594 --> 00:53:46,139 and try to kill them            instead of buying them? 991 00:53:46,181 --> 00:53:49,726 There wasn't a specific     internal discussion. 992 00:53:49,768 --> 00:53:51,394 Well, I mean, did you, uh--? 993 00:53:51,436 --> 00:53:52,979 did you lose my phone number             for a while, 994 00:53:53,021 --> 00:53:55,148 or you forget how to dial? 995 00:53:58,568 --> 00:54:01,488 We had a relationship     when you put me in, for sure. 996 00:54:01,529 --> 00:54:03,907 And we still have one now. 997 00:54:03,949 --> 00:54:06,243 It's different, though.        It has to be. 998 00:54:06,284 --> 00:54:09,037 Now, I know that.    You know that. 999 00:54:09,079 --> 00:54:12,082 Why don't we just enjoy      his success, Bill? 1000 00:54:12,123 --> 00:54:14,417 It's all to our benefit. 1001 00:54:22,259 --> 00:54:24,261 Alright, take care of your mom. 1002 00:54:33,019 --> 00:54:34,646 What time is your flight? 1003 00:54:34,688 --> 00:54:36,314 Tomorrow morning at 8:00. 1004 00:54:36,356 --> 00:54:39,401 Hmm. 1005 00:54:39,442 --> 00:54:42,904 You finally left Rex alone    to shoot around out there, huh? 1006 00:54:42,946 --> 00:54:45,782 I was just trying to impart     something about the game 1007 00:54:45,824 --> 00:54:47,575 to our guy  before I leave tomorrow. 1008 00:54:47,617 --> 00:54:49,077 Not just about the game. 1009 00:54:49,119 --> 00:54:50,912 I tell you what,  I hope he listens to his coaches 1010 00:54:50,954 --> 00:54:52,414 better than he does to me, 1011 00:54:52,455 --> 00:54:54,291 because he tunes me out  like an old radio dial. 1012 00:54:54,332 --> 00:54:57,919 Because you play D1,        which he has to ignore, 1013 00:54:57,961 --> 00:55:00,463 or it'll be too hard            to keep going. 1014 00:55:00,505 --> 00:55:04,718 You always say a good coach  finds a way to cut through. 1015 00:55:04,759 --> 00:55:07,595 Either gets loud or quiet, 1016 00:55:07,637 --> 00:55:11,308 or finds an angle  until he's heard. 1017 00:55:11,349 --> 00:55:13,393 I'm kind of sucking            at that lately. 1018 00:55:17,147 --> 00:55:18,732 Say the rest. 1019 00:55:18,773 --> 00:55:20,150 The thing you don't want to. 1020 00:55:23,820 --> 00:55:27,157 Uber scored huge          in this last round. 1021 00:55:28,867 --> 00:55:30,243 Massive. 1022 00:55:31,369 --> 00:55:33,163 And you're mad? Why? 1023 00:55:33,204 --> 00:55:35,123 Sounds like you did good. 1024 00:55:35,165 --> 00:55:37,375 Because his wins are his, 1025 00:55:37,417 --> 00:55:39,544 and his losses, his sins,        are all of ours. 1026 00:55:39,586 --> 00:55:41,921 And he won't listen. 1027 00:55:41,963 --> 00:55:43,465 Ah, you know,  I can't protect him. 1028 00:55:43,506 --> 00:55:44,966 I... 1029 00:55:51,765 --> 00:55:54,517 I stood up for him. 1030 00:55:54,559 --> 00:55:57,354 A smart guy,       a guy I greatly respect. 1031 00:55:57,395 --> 00:55:59,439 He looked me right in the eye,         right in the soul, 1032 00:55:59,481 --> 00:56:01,358 and he told me         exactly what he saw. 1033 00:56:03,068 --> 00:56:04,569 There's nothing. 1034 00:56:10,408 --> 00:56:13,370 Well, if Travis won't let you             protect him, 1035 00:56:13,411 --> 00:56:15,705 then that's on him, not you. 1036 00:56:17,916 --> 00:56:19,209 Or is this about the money? 1037 00:56:19,250 --> 00:56:20,585 No. 1038 00:56:26,216 --> 00:56:27,634 A little. 1039 00:56:31,137 --> 00:56:32,931 A lot. 1040 00:56:32,972 --> 00:56:35,433 At the end of this run,          it's the one that-- 1041 00:56:35,475 --> 00:56:38,269 it's the one that pays          for all the others. 1042 00:56:38,311 --> 00:56:40,730 It's the one that makes it              so we nev-- 1043 00:56:43,525 --> 00:56:47,362 ever have to think          about money again. 1044 00:56:48,780 --> 00:56:51,116 Oh, I don't think          about it much now. 1045 00:56:51,157 --> 00:56:54,661 And I rarely heard you talk         about it until this-- 1046 00:56:54,702 --> 00:56:58,081 this idea of changing  the family tree seemed possible. 1047 00:56:58,123 --> 00:57:02,252 Meaning I'm fine         just the way we are. 1048 00:57:02,293 --> 00:57:05,046 But what if you got the money           out of your head 1049 00:57:05,088 --> 00:57:07,090 and made the right decision? 1050 00:57:07,132 --> 00:57:09,175 For the guy? For the team? 1051 00:57:09,217 --> 00:57:11,261 For everyone         who deals with them? 1052 00:57:11,302 --> 00:57:13,263 Because if you don't, 1053 00:57:13,304 --> 00:57:16,641 I don't want to see you         carrying that around. 1054 00:57:21,771 --> 00:57:23,606 Hey, Bill, they should have        water out there for us. 1055 00:57:23,648 --> 00:57:25,358 But you want  anything else to drink? 1056 00:57:25,400 --> 00:57:27,360 -You want a soda or something?      -Water sounds just fine. 1057 00:57:27,402 --> 00:57:29,362 -Thanks, Mike.          -How about any, uh, 1058 00:57:29,404 --> 00:57:31,614 specific questions  you want me to ask you? 1059 00:57:34,075 --> 00:57:36,953 I think whatever you throw out       at me will be fine, yeah. 1060 00:57:39,706 --> 00:57:42,083 TK, Gurley's panel's up. 1061 00:57:42,125 --> 00:57:43,710 Oh, yeah. 1062 00:57:43,751 --> 00:57:45,170 Think I mentioned the raise. 1063 00:57:47,755 --> 00:57:49,466 All right, it's about that time.            Are you ready? 1064 00:57:49,507 --> 00:57:51,801 -Yeah.       -All right, let's do it. 1065 00:57:54,262 --> 00:57:57,182 You know, uh,  come to think of it, uh, Mike... 1066 00:57:59,601 --> 00:58:01,728 yeah, there is. 1067 00:58:05,023 --> 00:58:07,192 Bill, I got one          last question for you. 1068 00:58:07,233 --> 00:58:09,486 Do you think we're in              a tech bubble? 1069 00:58:12,947 --> 00:58:15,116 I think that we're in            a risk bubble. 1070 00:58:15,158 --> 00:58:17,660 Uh, especially with these, uh... 1071 00:58:17,702 --> 00:58:19,245 these so-called unicorns. 1072 00:58:21,372 --> 00:58:23,500 Except for your one      true unicorn, right, Bill? 1073 00:58:23,541 --> 00:58:28,838 We've flushed an excessive        amount of money onto them, 1074 00:58:28,880 --> 00:58:30,507 and they, uh-- 1075 00:58:30,548 --> 00:58:33,676 Well, a lot of them,  including some favorites of mine 1076 00:58:33,718 --> 00:58:36,012 are, uh, acting, uh... 1077 00:58:37,263 --> 00:58:39,474 irrationally. 1078 00:58:39,516 --> 00:58:41,142 Warren Buffett has a-- 1079 00:58:41,184 --> 00:58:42,644 has a great saying. 1080 00:58:42,685 --> 00:58:44,312 "Be fearful         when others are greedy, 1081 00:58:44,354 --> 00:58:46,105 and be greedy        when others are fearful." 1082 00:58:46,147 --> 00:58:48,733 I'm not here to accuse anyone             of being greedy. 1083 00:58:48,775 --> 00:58:52,820 But there is nowhere near               enough fear 1084 00:58:52,862 --> 00:58:54,531 in Silicon Valley right now. 1085 00:58:54,572 --> 00:58:59,702 And I think you will see     some dead unicorns this year. 1086 00:58:59,744 --> 00:59:01,621 There you have it,          ladies and gentlemen. 1087 00:59:01,663 --> 00:59:03,873 -Bill Gurley. 1088 00:59:07,418 --> 00:59:08,711 What the fuck was that? 1089 00:59:19,889 --> 00:59:23,017 "Dead unicorns." What, is he  sending a coded fucking message? 1090 00:59:23,059 --> 00:59:26,396 Okay, we just raised       a crazy successful round. 1091 00:59:26,437 --> 00:59:28,898 We basically destroyed          our nearest rival, 1092 00:59:28,940 --> 00:59:30,733 and that's his fucking response? 1093 00:59:30,775 --> 00:59:32,068 I guess it was. 1094 00:59:34,571 --> 00:59:36,864 All right, he wants to play      with fucking baseball bats. 1095 00:59:36,906 --> 00:59:38,616 Let's play with bats. 1096 00:59:38,658 --> 00:59:41,202 Penny, I need a sit-down           with Bill Gurley 1097 00:59:41,244 --> 00:59:43,037 as soon as he is fucking back. 1098 00:59:43,079 --> 00:59:44,497 And get me building security. 1099 00:59:57,802 --> 01:00:01,639 The waiting drove me mad 1100 01:00:01,681 --> 01:00:05,518 You're finally here             And I'm a mess 1101 01:00:05,560 --> 01:00:08,605 I take your entrance back 1102 01:00:08,646 --> 01:00:13,276 Can't let you          Roam inside my head 1103 01:00:13,318 --> 01:00:16,863 I don't want to take           What you can give 1104 01:00:16,904 --> 01:00:20,366 I would rather starve         Than eat your bread 1105 01:00:20,408 --> 01:00:24,287 I would rather run            But I can't walk 1106 01:00:24,329 --> 01:00:28,708 Guess I'll lay alone            Just like before 1107 01:00:45,183 --> 01:00:49,395 I'll take           The varmint's path 1108 01:00:49,437 --> 01:00:53,066 Oh, and I must            Refuse your test 1109 01:00:53,107 --> 01:00:54,609 Shit. 1110 01:00:54,651 --> 01:00:57,111 And I will resist 1111 01:00:57,153 --> 01:01:00,657 This behavior's not unique 1112 01:01:00,698 --> 01:01:04,661 I don't want to hear          From those who know 1113 01:01:04,702 --> 01:01:08,331 They can buy      But can't put on my clothes 1114 01:01:08,373 --> 01:01:11,668 I don't want to limp            For them to walk 1115 01:01:11,709 --> 01:01:15,296 Never would have known              Of me before 1116 01:01:15,338 --> 01:01:19,008 I don't want to be held              In your debt 1117 01:01:19,050 --> 01:01:22,845 I'll pay it off in blood              Let I be wed 1118 01:01:22,887 --> 01:01:26,808 I'm already cut up             And half dead 1119 01:01:26,849 --> 01:01:30,436 I'll end up alone              Like I began 1120 01:01:44,659 --> 01:01:49,539 Everything has chains,             Absolutely... 95152

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