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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,834 --> 00:00:03,376 Previously, on "Super Pumped"... 2 00:00:03,461 --> 00:00:05,329 He's just gonna see a guy in his lame jeans 3 00:00:05,414 --> 00:00:06,589 and these fucking shoes. 4 00:00:06,673 --> 00:00:08,132 Yeah, he'll see you're a dung-colored man. 5 00:00:08,216 --> 00:00:10,426 Your ideas will matter. Not your clothes. 6 00:00:10,510 --> 00:00:12,386 - He'll see that. - Grow or die. 7 00:00:12,470 --> 00:00:14,055 - Full access card? - You come and go 8 00:00:14,139 --> 00:00:15,306 at Uber cab as you please. 9 00:00:15,390 --> 00:00:16,474 - One of us? - Full access. 10 00:00:16,558 --> 00:00:18,100 Nice. 11 00:00:18,184 --> 00:00:20,645 Boom! You just got grey-balled, motherfucker! 12 00:00:23,106 --> 00:00:24,690 Is this illegal? 13 00:00:24,774 --> 00:00:27,485 VCs have a purpose other than just writing a check. 14 00:00:27,569 --> 00:00:29,195 I have a purpose. 15 00:00:29,279 --> 00:00:31,697 Advising, vision shaping. 16 00:00:31,781 --> 00:00:33,324 Really? You're not owed 17 00:00:33,408 --> 00:00:35,201 anything except a return, which I will give you. 18 00:00:35,285 --> 00:00:36,661 I'm the one who put you in here, 19 00:00:36,745 --> 00:00:38,037 I'm the one who can take you out, too. 20 00:00:38,121 --> 00:00:39,997 I say we keep Bill close for now. 21 00:00:40,081 --> 00:00:41,791 But you keep doing what you're doing. 22 00:00:41,875 --> 00:00:42,959 We're killing it. 23 00:00:43,043 --> 00:00:44,669 - TK, this is... - Gabi Holzwarth. 24 00:00:44,753 --> 00:00:46,504 - What did you say to her? - I told her she needed to meet 25 00:00:46,588 --> 00:00:48,339 the next Jeff Bezos. 26 00:00:48,423 --> 00:00:49,840 Hi, what made you choose Lyft instead of Uber? 27 00:00:49,924 --> 00:00:51,217 It's so much cheaper, 28 00:00:51,301 --> 00:00:52,718 and the drivers are super friendly. 29 00:00:52,802 --> 00:00:54,553 We make more money. And we get tips. 30 00:00:54,637 --> 00:00:58,849 These motherfuckers. They're stealing all my shit! 31 00:00:58,933 --> 00:01:01,644 Oh, we're going to fucking war. 32 00:01:55,537 --> 00:01:57,537 *SUPERPUMPED THE BATTLE FOR UBER Season 01 Episode 03 33 00:01:57,621 --> 00:01:59,621 Episode Title: "War" Aired on: March 13, 2022. 34 00:02:06,000 --> 00:02:09,754 ♪ Everyone's a critic ♪ ♪ Looking back up the river ♪ 35 00:02:09,838 --> 00:02:12,215 ♪ Every boat is leaking ♪ ♪ In this town ♪ 36 00:02:14,092 --> 00:02:15,718 ♪ But I found my place ♪ 37 00:02:15,802 --> 00:02:17,762 ♪ And it's all right ♪ 38 00:02:17,846 --> 00:02:21,348 ♪ I got my own way to believe ♪ 39 00:02:21,432 --> 00:02:23,517 ♪ It's okay ♪ 40 00:02:23,601 --> 00:02:26,771 ♪ Mine is mine and yours ♪ ♪ Won't take its place ♪ 41 00:02:26,855 --> 00:02:30,274 ♪ Now, make your getaway ♪ 42 00:02:30,358 --> 00:02:33,319 We had 93% of the market on lock. 43 00:02:33,403 --> 00:02:34,987 We invented this shit. 44 00:02:35,071 --> 00:02:36,989 But now, look at heaven. 45 00:02:37,073 --> 00:02:38,824 Look at what it's telling us. 46 00:02:38,908 --> 00:02:40,659 Our first-mover advantage is dimming. 47 00:02:40,743 --> 00:02:41,994 And what's taking it? 48 00:02:42,078 --> 00:02:43,996 Lyft. 49 00:02:44,080 --> 00:02:47,291 John fucking Zimmer? 50 00:02:47,375 --> 00:02:50,503 This guy's been drafting on our speed the whole Tour de France. 51 00:02:50,587 --> 00:02:52,129 He's always been behind us, 52 00:02:52,213 --> 00:02:53,631 and now he's gonna pretend like he's winning? 53 00:02:53,715 --> 00:02:55,466 I'm the one in the yellow fucking jersey. 54 00:02:55,550 --> 00:02:57,843 We need to just knock these assholes off the road. 55 00:02:57,927 --> 00:02:59,929 Are the drivers the assholes or...? 56 00:03:00,013 --> 00:03:01,639 Lyft, fucker. Lyft. 57 00:03:01,723 --> 00:03:03,883 I am being cucked now. What are we doing about it? 58 00:03:07,520 --> 00:03:10,147 Well, the drivers like the optionality. 59 00:03:10,231 --> 00:03:11,649 We can't stop our guys from double-apping 60 00:03:11,733 --> 00:03:12,983 and driving for both. 61 00:03:13,067 --> 00:03:15,778 We should just buy Lyft. Absorb them. 62 00:03:15,862 --> 00:03:17,404 We don't have the war chest for that. 63 00:03:17,488 --> 00:03:19,406 - Okay, let's get it. - Look, who cares 64 00:03:19,490 --> 00:03:21,492 about John Zimmer's little rideshare company? 65 00:03:21,576 --> 00:03:23,244 You've got a powerful brand. Build it. 66 00:03:23,328 --> 00:03:24,495 Keep your focus on that. 67 00:03:24,579 --> 00:03:26,330 Stop obsessing over Lyft. 68 00:03:26,414 --> 00:03:28,457 You know, Bill, I get your point. 69 00:03:28,541 --> 00:03:31,001 But we are in the war room right now. 70 00:03:31,085 --> 00:03:32,503 And it seems none of you guys want to go to war, 71 00:03:32,587 --> 00:03:34,421 but that's what this is. 72 00:03:34,505 --> 00:03:35,840 And you don't get it done with milk and cookies. 73 00:03:35,924 --> 00:03:37,299 You're quoting Bobby Knight at me? 74 00:03:37,383 --> 00:03:40,219 - Nice. - Look, you are so fucking good, 75 00:03:40,303 --> 00:03:43,806 but this isn't zero-sum like a basketball game is. 76 00:03:43,890 --> 00:03:45,141 That's exactly what it is. 77 00:03:45,225 --> 00:03:46,892 Uber right now is like Google was 78 00:03:46,976 --> 00:03:48,644 at the dawn of search. 79 00:03:48,728 --> 00:03:50,729 One entrant in a crowded pool. What did Google do? 80 00:03:50,813 --> 00:03:52,022 They flattened their competitors, 81 00:03:52,106 --> 00:03:53,816 and now they're fucking Google. 82 00:03:53,900 --> 00:03:55,860 Google did it by being better, not by being Al Capone. 83 00:03:55,944 --> 00:03:57,069 "Don't be evil" ring a bell? 84 00:03:57,153 --> 00:03:58,863 Yeah. Tell that to AltaVista. 85 00:04:02,325 --> 00:04:04,326 It's funny you say Capone, though. 86 00:04:04,410 --> 00:04:08,455 I remember my parents never wanted to get us cable 87 00:04:08,539 --> 00:04:09,874 because they thought we were just, like, 88 00:04:09,958 --> 00:04:11,542 watching MTV all day or something. 89 00:04:11,626 --> 00:04:14,128 But then eventually they caved when I was, like, seven. 90 00:04:14,212 --> 00:04:17,673 And the first weekend we had it, 91 00:04:17,757 --> 00:04:20,718 my dad found The Untouchables, 92 00:04:20,802 --> 00:04:22,887 because he thought it was like history or something. 93 00:04:22,971 --> 00:04:24,221 Because, you know, it is. 94 00:04:24,305 --> 00:04:25,890 Okay, right, so my... 95 00:04:25,974 --> 00:04:28,684 My dad and Cory and me were sitting there 96 00:04:28,768 --> 00:04:31,061 watching this, like, history lesson. 97 00:04:31,145 --> 00:04:32,646 I'd have started you on The Dirty Dozen, 98 00:04:32,730 --> 00:04:34,064 like my dad did me, but sure. 99 00:04:34,148 --> 00:04:36,484 Okay, but De Niro as Capone. 100 00:04:39,904 --> 00:04:43,574 That banquet scene with the bat. 101 00:04:43,658 --> 00:04:46,702 Capone was just like, walking... 102 00:04:46,786 --> 00:04:48,746 talking, and then bam! 103 00:04:48,830 --> 00:04:50,414 Fucking brains that guy. 104 00:04:50,498 --> 00:04:51,749 That shit changed me. 105 00:04:51,833 --> 00:04:53,083 I felt like my skull 106 00:04:53,167 --> 00:04:54,960 that just got hit with a bat. 107 00:04:55,044 --> 00:04:56,587 I couldn't sleep for, like, a week. 108 00:04:56,671 --> 00:04:58,088 I felt horrible for the guy. 109 00:04:58,172 --> 00:04:59,423 I mean, he just gets brained at dinner. 110 00:04:59,507 --> 00:05:02,510 But I saw the point. 111 00:05:03,678 --> 00:05:05,179 He had it coming. 112 00:05:05,263 --> 00:05:06,597 Uh, I don't know if he did. 113 00:05:06,681 --> 00:05:07,890 That's not important. 114 00:05:07,974 --> 00:05:10,226 The point is, that shit worked. 115 00:05:10,310 --> 00:05:13,020 You crack a guy's cranium open 116 00:05:13,104 --> 00:05:14,647 between the soup and the fish dish? 117 00:05:14,731 --> 00:05:17,691 You know, you make an example of somebody, 118 00:05:17,775 --> 00:05:19,527 people start to fall in line. 119 00:05:21,029 --> 00:05:22,789 That is what needs to happen here. 120 00:05:24,615 --> 00:05:26,575 Just to clarify, 121 00:05:26,659 --> 00:05:29,537 you want to beat the drivers into submission? 122 00:05:30,788 --> 00:05:32,414 I want to win. 123 00:05:32,498 --> 00:05:33,582 And disloyalty, 124 00:05:33,666 --> 00:05:35,584 however it shows its face, 125 00:05:35,668 --> 00:05:37,628 that needs to be punished. 126 00:05:37,712 --> 00:05:39,630 Well, we're not the Mob, though. 127 00:05:39,714 --> 00:05:43,300 Okay, but if you don't want to own this whole fucking business, 128 00:05:43,384 --> 00:05:46,637 like it's prohibition and we're the only ones making gin, 129 00:05:46,721 --> 00:05:48,848 then why are we here? 130 00:05:50,933 --> 00:05:52,643 You threatened them with a baseball bat? 131 00:05:52,727 --> 00:05:55,145 No, not them... exactly. 132 00:05:55,229 --> 00:05:56,814 It was a meta... 133 00:05:58,107 --> 00:05:59,275 What I'm saying is, 134 00:05:59,359 --> 00:06:02,028 sometimes fear works. 135 00:06:04,155 --> 00:06:05,781 Not that it... I don't know. 136 00:06:05,865 --> 00:06:06,949 I don't know what I'm saying. 137 00:06:07,033 --> 00:06:10,411 You make me nervous. 138 00:06:10,495 --> 00:06:13,831 No, I don't, but it's a good line. 139 00:06:13,915 --> 00:06:16,501 Every once in a while. 140 00:06:19,087 --> 00:06:21,923 So tell me about the violin. 141 00:06:26,260 --> 00:06:29,513 I guess I didn't know 142 00:06:29,597 --> 00:06:31,932 that I really wanted to play at first. 143 00:06:32,016 --> 00:06:33,600 It felt like homework. 144 00:06:33,684 --> 00:06:36,645 And eventually, it became my best friend. 145 00:06:36,729 --> 00:06:40,482 Plus, playing, you burn almost 200 calories an hour. 146 00:06:40,566 --> 00:06:42,609 Is that right? 147 00:06:42,693 --> 00:06:44,904 What else do I need to know about you? 148 00:06:48,616 --> 00:06:52,202 Maybe that I'm surprised that we're here together. 149 00:06:52,286 --> 00:06:53,954 When we met, we spoke so briefly. 150 00:06:54,038 --> 00:06:56,999 I didn't know what you thought. 151 00:06:57,083 --> 00:06:58,709 I was surprised when you came and found me 152 00:06:58,793 --> 00:07:00,753 playing at the farmer's market. 153 00:07:02,255 --> 00:07:03,964 No, you weren't. 154 00:07:04,048 --> 00:07:05,090 But it's a good line. 155 00:07:06,717 --> 00:07:08,218 - Every once in a while. - Uh-huh. 156 00:07:09,554 --> 00:07:10,554 Here you are. 157 00:07:10,638 --> 00:07:11,931 Thank you. 158 00:07:13,182 --> 00:07:15,184 So, what do you play 159 00:07:15,268 --> 00:07:18,104 to burn off the best meal in the Bay Area? 160 00:07:21,357 --> 00:07:23,233 Uh... 161 00:07:23,317 --> 00:07:24,943 "Sibelius," probably. 162 00:07:25,027 --> 00:07:27,154 The concerto in D minor if we're having dessert. 163 00:07:28,614 --> 00:07:30,366 Okay, hold on, I need the full download 164 00:07:30,450 --> 00:07:32,076 on everything I need to listen to 165 00:07:32,160 --> 00:07:34,703 so I can know how great you are. 166 00:07:34,787 --> 00:07:36,580 Thank God for Ek. 167 00:07:36,664 --> 00:07:38,082 Ek? 168 00:07:38,166 --> 00:07:40,501 Yeah. Ek is a founder, like me. 169 00:07:40,585 --> 00:07:43,379 I actually tried to crack this space with the company, 170 00:07:43,463 --> 00:07:44,755 but Ek did it. 171 00:07:44,839 --> 00:07:47,007 It's Spotify. See, look, you just, uh, 172 00:07:47,091 --> 00:07:49,635 put in everything there that I need to listen to. 173 00:08:00,104 --> 00:08:01,522 I can tell you're thinking hard. 174 00:08:03,024 --> 00:08:04,525 It's important. 175 00:08:06,777 --> 00:08:08,529 What are you doing? 176 00:08:08,613 --> 00:08:11,157 I'm just putting in a code to give you free Uber. 177 00:08:13,659 --> 00:08:14,952 I prefer Lyft. 178 00:08:19,373 --> 00:08:21,501 Careful. 179 00:08:26,214 --> 00:08:27,507 Come on in. 180 00:08:29,133 --> 00:08:32,178 Sorry, I've, uh, sort of been in work mode. 181 00:08:36,057 --> 00:08:37,350 I've seen worse. 182 00:08:38,726 --> 00:08:40,561 I call this place my Jam Pad. 183 00:08:43,231 --> 00:08:44,982 I think I'll kiss you anyway. 184 00:09:06,879 --> 00:09:08,672 Portrait of a man at war. 185 00:09:08,756 --> 00:09:11,258 Yeah, that's great. Nice. 186 00:09:11,342 --> 00:09:12,759 Well, I'm not at war. 187 00:09:12,843 --> 00:09:14,011 I'm sitting in a booth somewhere 188 00:09:14,095 --> 00:09:15,637 telling you about this guy 189 00:09:15,721 --> 00:09:19,266 who is, in fact, very much at fucking war. 190 00:09:19,350 --> 00:09:20,851 Are we doing it? 191 00:09:20,935 --> 00:09:23,228 We're doing it. 192 00:09:23,312 --> 00:09:25,772 They say good wars, winnable ones, 193 00:09:25,856 --> 00:09:28,525 are fought on a single front. 194 00:09:28,609 --> 00:09:31,862 But what if you have to win on all the fucking fronts? 195 00:09:31,946 --> 00:09:34,531 New plan. We're gonna step up the information technology 196 00:09:34,615 --> 00:09:36,617 on our drivers. 197 00:09:36,701 --> 00:09:39,328 You mean surveillance. 198 00:09:39,412 --> 00:09:41,372 We don't have to use words like that. 199 00:09:55,970 --> 00:09:57,597 - Hello. - Hey, there. 200 00:10:07,732 --> 00:10:10,234 So, uh, you like driving? 201 00:10:10,318 --> 00:10:11,527 It's a good way to meet people. 202 00:10:11,611 --> 00:10:13,320 Yeah, I bet. 203 00:10:13,404 --> 00:10:15,239 And, uh, San Francisco, 204 00:10:15,323 --> 00:10:17,950 you probably get a lot of crazies, huh? 205 00:10:21,495 --> 00:10:23,080 You think we can modify having to figure out 206 00:10:23,164 --> 00:10:24,957 who the double-appers are? 207 00:10:25,041 --> 00:10:26,416 Snoop around in our drivers' phones, 208 00:10:26,500 --> 00:10:28,418 see if they ever used the Lyft app. 209 00:10:28,502 --> 00:10:30,128 Might be doable. 210 00:10:30,212 --> 00:10:31,672 Might cross the line. 211 00:10:33,883 --> 00:10:36,844 Might be a good time to consider the business you've chosen. 212 00:10:45,853 --> 00:10:48,230 And what if it's not a finite war, 213 00:10:48,314 --> 00:10:50,607 but a forever war? 214 00:10:50,691 --> 00:10:52,818 Well, then you do what you have to, 215 00:10:52,902 --> 00:10:55,320 and anyone calls you out on the morality, 216 00:10:55,404 --> 00:10:57,322 that motherfucker is either a child, an enemy, 217 00:10:57,406 --> 00:10:58,782 or a fucking traitor. 218 00:10:58,866 --> 00:11:02,786 So I see you have both logos and both apps. 219 00:11:02,870 --> 00:11:06,748 But you're not more of a Lyft guy, are you? 220 00:11:06,832 --> 00:11:09,626 Just asking, because I happen to know that Uber 221 00:11:09,710 --> 00:11:14,382 has some very special incentives coming online right now. 222 00:11:19,804 --> 00:11:20,888 Okay, okay, hold on. 223 00:11:24,350 --> 00:11:26,435 - Halas. - You quit? 224 00:11:26,519 --> 00:11:28,145 I quit Lyft. 225 00:11:28,229 --> 00:11:31,315 The bonuses Uber is offering, you have no idea. 226 00:11:31,399 --> 00:11:34,026 We are thrilled to have you exclusive to Uber. 227 00:11:34,110 --> 00:11:35,611 - Twenty dollars a mile? - Yeah. 228 00:11:35,695 --> 00:11:37,529 And the price for the rider stays the same. 229 00:11:37,613 --> 00:11:40,782 We just appreciate your loyalty. 230 00:11:40,866 --> 00:11:43,994 And, uh, tell all your friends, okay? 231 00:11:44,078 --> 00:11:46,330 So they are just giving away money? 232 00:11:46,414 --> 00:11:48,206 No, no, no, habiti. 233 00:11:48,290 --> 00:11:50,834 They're giving away money to us. 234 00:11:50,918 --> 00:11:52,503 It's very different. 235 00:11:54,255 --> 00:11:56,506 Fucking work-life balance. 236 00:11:56,590 --> 00:11:58,310 If I hear those three words again... 237 00:12:00,261 --> 00:12:01,845 - What's up? - We can find them now, 238 00:12:01,929 --> 00:12:04,014 the double-appers. Pretty soon, anyway. 239 00:12:04,098 --> 00:12:06,016 We won't have to go one by one from the field. 240 00:12:06,100 --> 00:12:07,934 We can do it all from here. 241 00:12:08,018 --> 00:12:09,853 And they'll never know we're scanning their phones? 242 00:12:09,937 --> 00:12:12,105 Hold on, well, if we can get in their phones, 243 00:12:12,189 --> 00:12:13,649 we can turn on the mics and the cameras. 244 00:12:13,733 --> 00:12:15,692 We can find out who's taking Lyft? 245 00:12:15,776 --> 00:12:17,194 Can. 246 00:12:17,278 --> 00:12:18,654 Not sure I'd want to see what happens 247 00:12:18,738 --> 00:12:20,072 in the back of those cars. 248 00:12:29,123 --> 00:12:31,083 - She's the prettier one. - Yeah, I know. 249 00:12:31,167 --> 00:12:32,250 Look, I can't help it. 250 00:12:32,334 --> 00:12:34,378 You are insecure about this shit. 251 00:12:34,462 --> 00:12:35,879 What am I supposed to say? 252 00:12:35,963 --> 00:12:38,382 No, you look like shit in that bikini? 253 00:12:46,474 --> 00:12:48,058 Oh, it's all right 254 00:12:48,142 --> 00:12:50,102 It's all right 255 00:12:50,186 --> 00:12:51,770 Sometimes I wish you were dead. 256 00:12:51,854 --> 00:12:54,064 Great. Fucking wonder... You know what? 257 00:12:54,148 --> 00:12:55,941 Sometimes, I wish I was dead too. 258 00:12:57,318 --> 00:12:58,902 Oh! 259 00:12:58,986 --> 00:13:00,320 Dude! 260 00:13:01,739 --> 00:13:05,158 Whoa, shake that thing now 261 00:13:05,242 --> 00:13:07,411 - Shake that thing - Baby, shake that thing now 262 00:13:07,495 --> 00:13:09,413 Shake that thing Baby, shake that thing 263 00:13:09,497 --> 00:13:12,082 Austin sent out street teams to request and cancel Lyft rides, 264 00:13:12,166 --> 00:13:13,709 which peels off some of the drivers. 265 00:13:13,793 --> 00:13:15,919 Now, this is the same idea, just less analog. 266 00:13:16,003 --> 00:13:17,921 Let's go. By the way, did she move to the regulators? 267 00:13:18,005 --> 00:13:19,589 Yep. 268 00:13:19,673 --> 00:13:21,258 So now you got your espionage 269 00:13:21,342 --> 00:13:24,094 with a solid helping of clandestine attacks. 270 00:13:24,178 --> 00:13:26,263 And then, of course, 271 00:13:26,347 --> 00:13:27,764 you've got your frontal attack. 272 00:13:27,848 --> 00:13:30,559 - Miss Geidt. - My team took 20 Lyft rides 273 00:13:30,643 --> 00:13:32,728 over the past 24 hours, 274 00:13:32,812 --> 00:13:36,106 which means we got in the back of Class C licensed vehicles, 275 00:13:36,190 --> 00:13:39,776 driven by regular old civilians for Lyft. 276 00:13:39,860 --> 00:13:42,112 Well, unless you were forced by gunpoint, I don't... 277 00:13:42,196 --> 00:13:44,676 Just wondering when you're gonna start enforcing the law. 278 00:13:47,743 --> 00:13:51,955 We are monitoring the situation very closely. 279 00:13:52,039 --> 00:13:54,583 Yeah, I can tell. 280 00:13:56,710 --> 00:14:00,005 The thing is, we care too much about passenger safety 281 00:14:00,089 --> 00:14:03,091 to let Betty the soccer mom turn her Prius into a cab 282 00:14:03,175 --> 00:14:04,926 to pay for her Vicodin habit, 283 00:14:05,010 --> 00:14:07,512 but you've got us considering it. 284 00:14:07,596 --> 00:14:12,100 Well, I will certainly alert the soccer moms ASAP. 285 00:14:12,184 --> 00:14:14,895 Though I have a feeling... 286 00:14:14,979 --> 00:14:17,063 the drivers aren't the middle-aged, 287 00:14:17,147 --> 00:14:19,232 drug-addled dilettantes you're conjuring, 288 00:14:19,316 --> 00:14:22,778 but more the working poor who are busting their heinies 289 00:14:22,862 --> 00:14:24,988 hustling to fill in the blanks 290 00:14:25,072 --> 00:14:28,658 so that maybe they can get a decent meal for their kids. 291 00:14:28,742 --> 00:14:31,995 Not so much to buy a few more Norcos. 292 00:14:34,748 --> 00:14:36,416 This goes one of two ways. 293 00:14:36,500 --> 00:14:38,668 You start enforcing the laws on Lyft, 294 00:14:38,752 --> 00:14:41,463 or we have justification to break those same laws. 295 00:14:41,547 --> 00:14:45,342 And once we start, we won't stop like Lestat 296 00:14:45,426 --> 00:14:46,676 after a taste of blood, 297 00:14:46,760 --> 00:14:49,179 or teenage boys with YouPorn. 298 00:14:52,141 --> 00:14:53,809 Do me a favor. 299 00:14:53,893 --> 00:14:58,230 Wait five minutes before you call Zimmer to tell him. 300 00:14:58,314 --> 00:15:00,649 So now they know you're after them, 301 00:15:00,733 --> 00:15:02,651 and that you have your forces mobilizing. 302 00:15:02,735 --> 00:15:05,737 Wars are expensive, and this one's no different. 303 00:15:05,821 --> 00:15:07,739 These driver incentives are getting very pricey. 304 00:15:07,823 --> 00:15:10,700 - You're still with me on this? - In theory, absolutely. 305 00:15:10,784 --> 00:15:13,245 It'd be damn nice to take out Lyft. 306 00:15:13,329 --> 00:15:15,997 But in practice, we may be financing something 307 00:15:16,081 --> 00:15:18,292 that only ends in a bloody stalemate. 308 00:15:20,961 --> 00:15:24,047 We think it's time for a raise round to fill the coffers. 309 00:15:24,131 --> 00:15:26,132 - A road show. - Oh, no, no. 310 00:15:26,216 --> 00:15:28,552 I need to be at the conn, not out begging for capital 311 00:15:28,636 --> 00:15:31,096 - we don't actively need. - Show him the list. 312 00:15:35,225 --> 00:15:37,143 We raise enough money to actually beat Lyft 313 00:15:37,227 --> 00:15:39,396 instead of pissing away money pissing them off. 314 00:15:39,480 --> 00:15:42,566 Kleiner, Excel, TPG and Greylock. 315 00:15:42,650 --> 00:15:45,485 This is a little anemic, don't you think? 316 00:15:45,569 --> 00:15:47,404 No. 317 00:15:47,488 --> 00:15:50,407 That is spinach and prime USDA beef right there. 318 00:15:52,159 --> 00:15:56,037 $350 million on the table if you close all those. 319 00:15:56,121 --> 00:15:58,290 What about Google Ventures? 320 00:16:01,752 --> 00:16:03,128 Well, they haven't raised their hand yet. 321 00:16:03,212 --> 00:16:04,754 Well, make them raise their hand. 322 00:16:04,838 --> 00:16:06,548 That's your special talent right? You're Bill Gurley. 323 00:16:06,632 --> 00:16:08,758 Truth is, I don't want them to. Not at the moment yet. 324 00:16:08,842 --> 00:16:10,468 I do. 325 00:16:10,552 --> 00:16:13,179 David Drummond and Google Ventures rolls in? 326 00:16:13,263 --> 00:16:15,473 Come on, we're minted. That sends a message to the valley. 327 00:16:15,557 --> 00:16:17,058 The whole business world. That we're special. 328 00:16:17,142 --> 00:16:19,769 That we're not Lyft. 329 00:16:19,853 --> 00:16:21,771 Here's how Google rolls. 330 00:16:21,855 --> 00:16:23,607 They're going to insist on being your lead investor 331 00:16:23,691 --> 00:16:25,275 on the first round. 332 00:16:25,359 --> 00:16:27,444 They'll limit their spend to $100 million tops. 333 00:16:27,528 --> 00:16:29,070 That's all they'll shoot their first hand. 334 00:16:29,154 --> 00:16:31,948 Stops everyone else from going beyond that. 335 00:16:32,032 --> 00:16:34,868 They will bigfoot you, they will lowball you, 336 00:16:34,952 --> 00:16:36,537 and you'll be screwed. 337 00:16:38,038 --> 00:16:39,748 You ever been to a rodeo? 338 00:16:41,375 --> 00:16:43,126 Went to a pie-eating contest once. 339 00:16:43,210 --> 00:16:45,253 I got messy and sick, but I won. 340 00:16:45,337 --> 00:16:47,547 Yeah, well, at a rodeo, 341 00:16:47,631 --> 00:16:49,132 all the young riders, 342 00:16:49,216 --> 00:16:51,468 they always want to climb onto the rankest bull 343 00:16:51,552 --> 00:16:53,303 to, you know, prove themselves, 344 00:16:53,387 --> 00:16:56,848 but it's best to get yourself seasoned first, 345 00:16:56,932 --> 00:16:59,100 because bull's always gonna be there. 346 00:16:59,184 --> 00:17:02,062 But you ride too soon, you might not be. 347 00:17:02,146 --> 00:17:03,897 And if I finish the ride 348 00:17:03,981 --> 00:17:05,273 and I win the big shiny belt buckle, 349 00:17:05,357 --> 00:17:06,816 then I'm a legend, right? 350 00:17:06,900 --> 00:17:08,485 So I'm not seeing the downside. 351 00:17:08,569 --> 00:17:10,528 Word gets around that they turned you down. 352 00:17:10,612 --> 00:17:13,615 It will snuff a lot of possibilities, Travis. 353 00:17:13,699 --> 00:17:15,116 TPG, others on that list. 354 00:17:15,200 --> 00:17:16,785 It starts a trend. 355 00:17:16,869 --> 00:17:18,996 And word always gets around. 356 00:17:25,169 --> 00:17:27,462 Pretty good list, TK. 357 00:17:27,546 --> 00:17:29,173 And you know we'll kill it. 358 00:17:36,221 --> 00:17:38,348 All right, fine. Road show. 359 00:17:38,432 --> 00:17:40,475 Let's book it. 360 00:17:40,559 --> 00:17:42,478 All right then. 361 00:17:46,440 --> 00:17:47,775 Open it. 362 00:17:48,734 --> 00:17:50,235 What is this? 363 00:17:53,113 --> 00:17:56,866 Oh, shit. 364 00:17:56,950 --> 00:17:58,493 What... what made you do this...? 365 00:17:58,577 --> 00:17:59,869 You said that you're doing a road show, 366 00:17:59,953 --> 00:18:02,330 so you got to look, you know... 367 00:18:02,414 --> 00:18:04,165 Yeah. 368 00:18:04,249 --> 00:18:06,043 So I'm not a dun-colored mare? 369 00:18:09,296 --> 00:18:12,298 It's, uh, Salinger. 370 00:18:12,382 --> 00:18:14,884 Oh, I didn't like Catcher in the Rye. 371 00:18:14,968 --> 00:18:17,137 It was overrated to me, so I skipped the others. 372 00:18:17,221 --> 00:18:18,764 Worth it? 373 00:18:20,265 --> 00:18:22,100 Uh, yeah. 374 00:18:22,184 --> 00:18:24,519 I mean, I guess. 375 00:18:24,603 --> 00:18:28,231 But thank you so much for the shoes. 376 00:18:28,315 --> 00:18:30,442 It's so sweet of you. 377 00:18:31,985 --> 00:18:33,320 You're welcome. 378 00:19:31,253 --> 00:19:32,545 Hey. 379 00:19:32,629 --> 00:19:35,215 Hey. You okay? 380 00:19:35,299 --> 00:19:38,968 Yeah, you know, you left these Polaroids 381 00:19:39,052 --> 00:19:40,887 from the Tahoe trip? 382 00:19:40,971 --> 00:19:43,891 Yeah. You can keep them if you want. 383 00:19:44,892 --> 00:19:46,726 Okay, well... 384 00:19:46,810 --> 00:19:49,897 also, they're here if you want them. 385 00:19:51,732 --> 00:19:53,441 It's a pretty awesome trip. 386 00:19:53,525 --> 00:19:55,365 You called to talk about traveling? 387 00:19:59,198 --> 00:20:00,615 We're doing a road show. 388 00:20:00,699 --> 00:20:02,992 Or I said I would do it, 389 00:20:03,076 --> 00:20:04,828 but I think I could probably walk it back. 390 00:20:04,912 --> 00:20:06,455 Why would you? 391 00:20:08,749 --> 00:20:10,333 Zimmer's gonna find out about it, 392 00:20:10,417 --> 00:20:12,127 and he'll know I need money to beat him. 393 00:20:12,211 --> 00:20:13,879 It just feels weak. 394 00:20:15,756 --> 00:20:19,175 You don't like asking for money, because it makes you feel needy. 395 00:20:19,259 --> 00:20:22,721 And you don't want to need anything from anybody. 396 00:20:23,805 --> 00:20:27,016 But tell yourself this. 397 00:20:27,100 --> 00:20:31,312 Soon enough, you'll never have to ask for anything ever again. 398 00:20:31,396 --> 00:20:32,689 And you know when that is. 399 00:20:32,773 --> 00:20:34,023 After this round, 400 00:20:34,107 --> 00:20:35,650 this meeting, this money close. 401 00:20:35,734 --> 00:20:37,360 Yeah, I can't wait for that. 402 00:20:37,444 --> 00:20:38,862 This is your ticket. 403 00:20:38,946 --> 00:20:40,697 And it's not a scratch-off. 404 00:20:40,781 --> 00:20:42,407 You already have the magic numbers in your head. 405 00:20:42,491 --> 00:20:44,033 You know what to fill out. 406 00:20:44,117 --> 00:20:46,117 But you need to get the guy to hand it to you. 407 00:20:47,120 --> 00:20:49,205 Yeah, exactly. 408 00:20:49,289 --> 00:20:52,083 See? As usual. 409 00:20:52,167 --> 00:20:53,919 Exactly. 410 00:21:00,926 --> 00:21:02,177 How are you? 411 00:21:02,261 --> 00:21:04,596 New place okay? 412 00:21:05,472 --> 00:21:07,056 Yeah, it's great. 413 00:21:07,140 --> 00:21:09,350 Uh, would have loved something a little bigger. 414 00:21:09,434 --> 00:21:11,227 Wow, subtle. 415 00:21:11,311 --> 00:21:13,062 What? 416 00:21:13,146 --> 00:21:15,148 I don't know, you're telling me to convince people 417 00:21:15,232 --> 00:21:16,691 to put money into Uber, 418 00:21:16,775 --> 00:21:18,568 but then you want me to take money out of Uber 419 00:21:18,652 --> 00:21:21,196 and sell some of my shares so I can pay you. 420 00:21:21,280 --> 00:21:22,906 Don't. Fucking don't. 421 00:21:22,990 --> 00:21:26,242 I'm just saying... look, you... You told me to stay here. 422 00:21:26,326 --> 00:21:27,785 You said you wanted to find a new spot. 423 00:21:27,869 --> 00:21:29,913 - You said you would buy me out. - I will. 424 00:21:29,997 --> 00:21:33,292 Okay, so stop accusing me of being some kind of Valkyrie. 425 00:21:38,171 --> 00:21:39,422 I should go. 426 00:21:39,506 --> 00:21:40,798 Whoa, whoa, whoa. 427 00:21:40,882 --> 00:21:42,383 You're gonna leave it like that? 428 00:21:42,467 --> 00:21:43,968 Do you want to consider for a second 429 00:21:44,052 --> 00:21:45,762 you just got into my head right now? 430 00:21:45,846 --> 00:21:47,388 You're like Lancaster Dodd from the fucking Master. 431 00:21:47,472 --> 00:21:49,641 Travis, you're no Freddie Quell. 432 00:21:49,725 --> 00:21:51,476 You can handle this without making yourself 433 00:21:51,560 --> 00:21:52,936 a torpedo juice cocktail. 434 00:21:53,020 --> 00:21:54,980 - Okay, fine. - Hey... 435 00:21:58,692 --> 00:22:00,777 you're going to be great at this. 436 00:22:00,861 --> 00:22:02,570 I promise. 437 00:22:02,654 --> 00:22:04,406 You can do this. 438 00:22:07,159 --> 00:22:08,660 Thank you. 439 00:22:21,381 --> 00:22:22,715 Here you go, guys. 440 00:22:22,799 --> 00:22:24,300 Thank you. 441 00:22:24,384 --> 00:22:25,635 Thanks. 442 00:22:25,719 --> 00:22:27,554 Here. 443 00:22:36,855 --> 00:22:38,774 Kalanick, right? 444 00:22:41,526 --> 00:22:43,653 Emil Michael. 445 00:22:43,737 --> 00:22:45,321 And you guys are...? 446 00:22:45,405 --> 00:22:47,156 InfoVis. 447 00:22:47,240 --> 00:22:48,449 Never heard of it. 448 00:22:48,533 --> 00:22:50,994 B2B. 449 00:22:51,078 --> 00:22:53,705 Crowd analytics. 450 00:22:56,375 --> 00:22:58,126 Hasn't been a great run for us. 451 00:22:58,210 --> 00:23:03,340 That's really surprising given the confidence you're emanating. 452 00:23:08,095 --> 00:23:10,013 You probably walk in, and they hand you a check. 453 00:23:12,933 --> 00:23:14,643 Usually. 454 00:23:16,269 --> 00:23:18,021 You didn't do your homework, Travis. 455 00:23:18,105 --> 00:23:20,857 - All I do is homework. Come on. - Regulators, taxicab commissions 456 00:23:20,941 --> 00:23:22,692 are gonna do all they can to shut you down. 457 00:23:22,776 --> 00:23:24,777 There's not gonna be a problem. You know I'm a survivor. 458 00:23:24,861 --> 00:23:26,863 At Swoosh you almost did not survive, man. 459 00:23:26,947 --> 00:23:29,157 - That was ahead of its time. - I looked at your projections. 460 00:23:29,241 --> 00:23:31,034 You have to spend at least five times more marketing 461 00:23:31,118 --> 00:23:32,660 just to have anybody know who you are. 462 00:23:32,744 --> 00:23:34,537 I'm gonna raise all that. That's gonna be fun. 463 00:23:34,621 --> 00:23:36,205 Yeah, you know how much fucking money 464 00:23:36,289 --> 00:23:38,166 you're going to have to raise? You know my rule. 465 00:23:38,250 --> 00:23:40,752 We went through this in Red Swoosh over and over again. 466 00:23:40,836 --> 00:23:43,046 I am not going to invest in a company where you have to raise 467 00:23:43,130 --> 00:23:44,714 hundreds of millions of dollars 468 00:23:44,798 --> 00:23:46,382 to do tens of millions of dollars in revenues. 469 00:23:46,466 --> 00:23:48,384 Bro, we are going to be making billions of dollars. 470 00:23:48,468 --> 00:23:50,595 This idea is much bigger than Red Swoosh. 471 00:23:50,679 --> 00:23:53,181 - You know that. - Billions in revenues, maybe. 472 00:23:53,265 --> 00:23:55,391 But you're going to have to spend billions of dollars 473 00:23:55,475 --> 00:23:57,393 to get there, and I'll get diluted to nothing. 474 00:23:57,477 --> 00:23:59,562 I don't... what's the point of making an investment 475 00:23:59,646 --> 00:24:02,190 in a company where I put in a lot of money, 476 00:24:02,274 --> 00:24:03,649 and I end up with zip? 477 00:24:03,733 --> 00:24:05,777 If you pass on this right now, 478 00:24:05,861 --> 00:24:07,695 I'm never coming back to you. 479 00:24:07,779 --> 00:24:10,615 Guess what, Travis. I just did. 480 00:24:17,956 --> 00:24:19,499 Hello, InfoVis. 481 00:24:19,583 --> 00:24:22,210 We are ready to go. Please follow me. 482 00:24:30,343 --> 00:24:32,345 I told you we came too early. 483 00:24:32,429 --> 00:24:34,180 Yeah, I don't want to rush and get sweaty. 484 00:24:34,264 --> 00:24:35,681 Some of these places got leather seats, 485 00:24:35,765 --> 00:24:38,977 and the leather and the sweat... not a fun combo. 486 00:24:45,317 --> 00:24:47,319 Oh, shit! Sorry. 487 00:24:49,863 --> 00:24:51,239 Travis? 488 00:24:51,323 --> 00:24:53,033 - Zimmer. - Yeah. 489 00:24:56,036 --> 00:24:57,662 Uh, I know. 490 00:24:57,746 --> 00:24:59,372 But we loved your campaign that much. 491 00:24:59,456 --> 00:25:01,958 Figure we can't ignore we're in a dogfight, 492 00:25:02,042 --> 00:25:03,459 might as well lean in. 493 00:25:03,543 --> 00:25:04,710 And the VCs seem to get it so far. 494 00:25:04,794 --> 00:25:06,045 Yeah, my, uh... 495 00:25:06,129 --> 00:25:07,588 My shirt's our closer. 496 00:25:07,672 --> 00:25:09,507 Though I guess technically, it's your shirt. 497 00:25:09,591 --> 00:25:11,634 So thank you. 498 00:25:11,718 --> 00:25:13,678 Hey, good luck in there. 499 00:25:17,557 --> 00:25:19,351 He's taller than I thought. 500 00:25:28,401 --> 00:25:33,240 I just need to get in your Wi-Fi and I'll be set. 501 00:25:37,744 --> 00:25:42,123 Travis, Emil, the team and I are excited you came in. 502 00:25:45,001 --> 00:25:48,713 Yeah, no, I don't think so. 503 00:25:50,840 --> 00:25:52,383 You guys just had a company in here 504 00:25:52,467 --> 00:25:54,844 I don't even want to be in the same room with. 505 00:25:54,928 --> 00:25:56,554 I mean, I get it, right? 506 00:25:56,638 --> 00:25:58,848 Companies have to donate to Republicans and to Democrats 507 00:25:58,932 --> 00:26:01,851 so you're greased in with whoever wins, but you... 508 00:26:01,935 --> 00:26:03,811 you're VCs. 509 00:26:03,895 --> 00:26:06,105 You're supposed to believe in the company you put money into, 510 00:26:06,189 --> 00:26:07,773 not just protect yourself in the possibility 511 00:26:07,857 --> 00:26:09,192 you made the wrong call. 512 00:26:11,778 --> 00:26:16,783 So your pitch is we go with you or Lyft, but not both? 513 00:26:21,288 --> 00:26:23,790 I'm gonna make it easy for you. We're done here. 514 00:26:25,917 --> 00:26:27,335 Thanks for the water. 515 00:26:32,090 --> 00:26:34,383 Cancel the meetings. 516 00:26:34,467 --> 00:26:36,469 - Which? - All of them. 517 00:26:37,470 --> 00:26:40,181 That's fucking genius. 518 00:26:41,975 --> 00:26:43,893 That's fucking insane. You canceled the road show? 519 00:26:43,977 --> 00:26:46,229 - You don't want to do the raise? - No, no, no. We're doing it. 520 00:26:46,313 --> 00:26:48,397 Bill, look, it's like, you ever been to a club? 521 00:26:48,481 --> 00:26:50,900 You know, the velvet rope that makes everyone want to get in? 522 00:26:50,984 --> 00:26:54,237 So I am a club called Unicorn, and if investors want in, 523 00:26:54,321 --> 00:26:55,821 they got to get in line. 524 00:26:55,905 --> 00:26:57,740 Maybe that stunt 525 00:26:57,824 --> 00:26:59,534 that you pulled at the VC firm works. 526 00:26:59,618 --> 00:27:01,619 Maybe they want in so bad they make an offer. 527 00:27:01,703 --> 00:27:03,788 They block out Lyft. 528 00:27:03,872 --> 00:27:06,165 Even so, we still have to raise the rest. 529 00:27:06,249 --> 00:27:08,167 We're gonna raise the rest, dude. 530 00:27:08,251 --> 00:27:09,585 We're just gonna do it here. 531 00:27:09,669 --> 00:27:11,087 We're flipping the paradigm. 532 00:27:11,171 --> 00:27:12,922 It's not a road show. 533 00:27:14,924 --> 00:27:17,093 Home show. Home show! 534 00:27:17,177 --> 00:27:19,554 Home show! Come on! 535 00:27:19,638 --> 00:27:22,557 Right? You're with the insurgents now. 536 00:27:22,641 --> 00:27:23,849 This shouldn't be fucking with your head. 537 00:27:23,933 --> 00:27:25,768 No, I'm just trying to figure out 538 00:27:25,852 --> 00:27:28,479 how it is that starving your own company 539 00:27:28,563 --> 00:27:31,941 is insurgency and not just a temper tantrum. 540 00:27:32,025 --> 00:27:33,943 - Worked for Gandhi. - Yeah, well, 541 00:27:34,027 --> 00:27:35,403 when Gandhi made that choice, 542 00:27:35,487 --> 00:27:37,280 he was the one doing the starving. 543 00:27:37,403 --> 00:27:39,697 Not his investors. 544 00:27:50,542 --> 00:27:54,588 ♪ Because mutiny on the bounty ♪ ♪ Is what we're all about ♪ 545 00:27:54,673 --> 00:27:57,758 ♪ I'm gonna board your ship ♪ ♪ And turn it on out ♪ 546 00:27:57,842 --> 00:28:00,344 ♪ No soft sucker ♪ ♪ With a parrot on his shoulder ♪ 547 00:28:00,428 --> 00:28:03,556 ♪ I'm bad, getting bolder ♪ ♪ Cold getting colder ♪ 548 00:28:03,640 --> 00:28:06,642 ♪ Terrorizing suckers ♪ ♪ On the seven seas ♪ 549 00:28:06,726 --> 00:28:08,436 ♪ And if you've got beef ♪ 550 00:28:08,520 --> 00:28:10,021 ♪ You'll get capped ♪ ♪ In the knees ♪ 551 00:28:10,105 --> 00:28:13,316 ♪ We got 16 men ♪ ♪ On a dead man's chest ♪ 552 00:28:13,400 --> 00:28:16,402 ♪ And I shot those suckers ♪ ♪ And I'll shoot the rest ♪ 553 00:28:16,486 --> 00:28:19,405 ♪ Most illingest B-boy ♪ ♪ I got that feeling ♪ 554 00:28:19,489 --> 00:28:23,034 ♪ 'Cause I am most ill ♪ ♪ And I'm rhyming and stealing ♪ 555 00:28:28,873 --> 00:28:31,834 ♪ Snatching gold chains ♪ ♪ Nicking pieces of eight ♪ 556 00:28:31,918 --> 00:28:33,336 ♪ I got your money ♪ ♪ And your honey ♪ 557 00:28:33,420 --> 00:28:35,171 ♪ And the fly name plate ♪ 558 00:28:35,255 --> 00:28:37,256 ♪ We got wenches ♪ ♪ On the benches ♪ 559 00:28:37,340 --> 00:28:38,799 ♪ Bitties with titties ♪ 560 00:28:38,883 --> 00:28:40,301 ♪ Housing all girlies ♪ 561 00:28:40,385 --> 00:28:42,178 ♪ From city to city ♪ 562 00:28:42,262 --> 00:28:44,347 ♪ One for all and all for one ♪ 563 00:28:44,431 --> 00:28:48,017 ♪ Taking out MCs ♪ ♪ With a big shotgun ♪ 564 00:28:48,101 --> 00:28:50,936 ♪ All for one and one for all ♪ 565 00:28:51,020 --> 00:28:54,523 ♪ Because the Beastie Boys ♪ ♪ Have gone AWOL ♪ 566 00:28:54,607 --> 00:28:57,610 ♪ Most rhyminest B-boy ♪ ♪ I'm stretching my shade ♪ 567 00:28:57,694 --> 00:29:00,529 ♪ Most shootinest B-boy ♪ ♪ I think you're shit ♪ 568 00:29:00,613 --> 00:29:03,699 ♪ Most rhyminest B-boy ♪ ♪ I'll steal your shit, homeboy ♪ 569 00:29:03,783 --> 00:29:06,702 ♪ Most taxinest B-boy ♪ ♪ I'll tax you, boy ♪ 570 00:29:06,786 --> 00:29:10,081 ♪ Most illingest, illingest ♪ ♪ Illingest B-boy ♪ 571 00:29:10,165 --> 00:29:14,210 ♪ Taxing all y'all squares ♪ ♪ Yeah ♪ 572 00:29:14,294 --> 00:29:16,212 I've tried every fucking thing. 573 00:29:16,296 --> 00:29:19,423 I can't get this class C bullshit shut down. 574 00:29:19,507 --> 00:29:21,342 Yeah, and Zimmer knows it, and he's using it. 575 00:29:21,426 --> 00:29:23,219 Every meeting now someone's asking me, 576 00:29:23,303 --> 00:29:24,804 what does Uber have to do to get bigger? 577 00:29:24,888 --> 00:29:26,263 Do you have an answer? 578 00:29:26,347 --> 00:29:28,057 It occurs to me I think we got polite. 579 00:29:28,141 --> 00:29:29,850 We're just using registered livery drivers, why? 580 00:29:29,934 --> 00:29:31,268 Because it's a fucking rule? 581 00:29:31,352 --> 00:29:33,020 I mean while Lyft is undercutting us 582 00:29:33,104 --> 00:29:34,605 like they're Costco of livery. 583 00:29:34,689 --> 00:29:36,190 We're disruptors. 584 00:29:36,274 --> 00:29:39,068 We can't be afraid to disrupt even ourselves. 585 00:29:41,613 --> 00:29:42,780 We open up the business. 586 00:29:42,864 --> 00:29:44,490 Let in civilians, 587 00:29:44,574 --> 00:29:46,867 anybody with a driver's license can come join the team. 588 00:29:46,951 --> 00:29:49,245 We will crush Lyft at their own game. 589 00:29:49,329 --> 00:29:52,581 Luxury in an app. That was the vision always. 590 00:29:52,665 --> 00:29:54,083 And it's a great vision. 591 00:29:54,167 --> 00:29:56,544 Uber is a black car company. 592 00:29:56,628 --> 00:29:59,255 No one wants to ride around in someone's used Camry. 593 00:29:59,339 --> 00:30:01,883 Are you so sure about that? 594 00:30:04,844 --> 00:30:08,222 This is the last time this ever happens. 595 00:30:08,306 --> 00:30:11,767 Police walked in For Jimmy Jazz 596 00:30:11,851 --> 00:30:15,855 I said "He ain't here But he sure went by" 597 00:30:15,939 --> 00:30:18,566 Oh, you're looking for 598 00:30:18,650 --> 00:30:20,985 Jimmy Jazz 599 00:30:22,237 --> 00:30:23,904 Yeah, they said 600 00:30:23,988 --> 00:30:27,950 Satta Massagana For Jimmy Dread 601 00:30:28,034 --> 00:30:30,995 Cut off his ears And chop off his head 602 00:30:31,079 --> 00:30:33,664 Police come look for 603 00:30:33,748 --> 00:30:35,458 Jimmy Jazz 604 00:30:35,542 --> 00:30:38,002 Jazz, Jazz, Jazz 605 00:30:38,086 --> 00:30:39,546 So go look 606 00:30:43,842 --> 00:30:46,260 Wow! Thanks so much, guys. 607 00:30:46,344 --> 00:30:48,137 Have a fantastic night. 608 00:30:50,056 --> 00:30:51,348 Chatty fella. 609 00:30:51,432 --> 00:30:53,058 That's the Lyft UX in action. 610 00:30:53,142 --> 00:30:54,810 You know, you sit up front, you make a friend. 611 00:30:54,894 --> 00:30:56,353 Yeah, I'm not that lonely yet. 612 00:30:56,437 --> 00:30:57,897 I'm not saying that it couldn't happen, 613 00:30:57,981 --> 00:31:00,065 but there's nothing cool about that experience. 614 00:31:00,149 --> 00:31:01,650 Maybe that's not the point. 615 00:31:01,734 --> 00:31:03,903 Are we selling cool, or selling transportation? 616 00:31:05,572 --> 00:31:07,156 We're selling cool transpo. 617 00:31:07,240 --> 00:31:08,908 Elegant. James fucking Bond. 618 00:31:08,992 --> 00:31:10,993 That's the brand. Always has been. 619 00:31:11,077 --> 00:31:13,579 TK, it's your call. 620 00:31:13,663 --> 00:31:15,874 I mean, it's your call. 621 00:31:19,002 --> 00:31:21,295 Both. 622 00:31:21,379 --> 00:31:23,088 You go into a department store, 623 00:31:23,172 --> 00:31:25,090 they have that shitty jewelry on the counter, right? 624 00:31:25,174 --> 00:31:27,009 But the good stuff is in the glass boxes. 625 00:31:27,093 --> 00:31:28,969 - Two levels of service. - Exactly, all right. 626 00:31:29,053 --> 00:31:31,347 So you want luxury, you want cool, you can pay for cool. 627 00:31:31,431 --> 00:31:33,015 But we slide another option into the app. 628 00:31:33,099 --> 00:31:35,643 Charge 35% less and call it UberX, 629 00:31:35,727 --> 00:31:37,020 so it still feels cool. 630 00:31:38,605 --> 00:31:40,648 It's always X with you. 631 00:31:40,732 --> 00:31:42,358 Yeah, the X is for "extra sexy." 632 00:31:44,277 --> 00:31:45,695 You would laugh at that. 633 00:31:51,117 --> 00:31:54,954 Dude, you brought me in to grind on these kinds of calls. 634 00:31:56,289 --> 00:31:58,291 Yeah. That's true. 635 00:32:03,046 --> 00:32:04,547 But I'm still gonna give you my opinion, 636 00:32:04,631 --> 00:32:06,591 and I expect you to take it seriously. 637 00:32:09,469 --> 00:32:11,053 And then I'll ride with you on it. 638 00:32:11,137 --> 00:32:12,888 No matter what you decide. 639 00:32:12,972 --> 00:32:14,849 It's your company, man. 640 00:32:20,897 --> 00:32:22,440 For Garrett? 641 00:32:33,159 --> 00:32:35,870 You know, I'm hearing Google Ventures 642 00:32:35,954 --> 00:32:37,705 is in the mix this round. 643 00:32:39,874 --> 00:32:41,209 That's weird. 644 00:32:44,045 --> 00:32:47,423 I can't control the rumor mill, Bill, can I? 645 00:32:53,680 --> 00:32:55,139 That's me. 646 00:33:16,035 --> 00:33:19,538 Once we added the UberX functionality, boom, 647 00:33:19,622 --> 00:33:22,124 that is driver supply, that is rider demand. 648 00:33:22,208 --> 00:33:23,292 What part of "do not disturb" do...? 649 00:33:42,228 --> 00:33:44,813 David motherfucking Drummond. 650 00:33:44,897 --> 00:33:46,982 In theory, a top Google lawyer. 651 00:33:47,066 --> 00:33:49,985 In practice, Larry and Sergey's business brain. 652 00:33:50,069 --> 00:33:52,154 Head of their investment arm, Google Ventures. 653 00:33:52,238 --> 00:33:55,658 Loved and feared in every boardroom in Silicon Valley. 654 00:33:55,742 --> 00:33:57,660 A real OG. 655 00:33:57,744 --> 00:34:00,079 And a BFD. 656 00:34:00,163 --> 00:34:02,790 And the one-man TK set this entire trap for. 657 00:34:02,874 --> 00:34:06,710 Hi. Travis Kalanick. 658 00:34:06,794 --> 00:34:08,671 No shit. I'm in your office. 659 00:34:10,882 --> 00:34:12,425 Sit down. 660 00:34:14,177 --> 00:34:15,803 I don't imagine you made the drive 661 00:34:15,887 --> 00:34:17,805 all the way from Mountain View to hear me talk, 662 00:34:17,889 --> 00:34:19,306 so why don't you start? 663 00:34:19,390 --> 00:34:20,975 I'm wondering who you think you are 664 00:34:21,059 --> 00:34:23,419 telling everyone in my valley we're in your round. 665 00:34:25,438 --> 00:34:26,605 Aren't you? 666 00:34:26,689 --> 00:34:29,984 Because again, long drive, David. 667 00:34:30,068 --> 00:34:31,777 Or is it Mr. Drummond? 668 00:34:31,861 --> 00:34:35,614 I'm more of a TK to my friends, Travis to my enemies, 669 00:34:35,698 --> 00:34:40,119 and a fucking lottery ticket to anybody who knows what's what. 670 00:34:46,000 --> 00:34:49,670 Breakfast, Tuesday, 9:00 a.m., Charlie's Café on the campus. 671 00:34:49,754 --> 00:34:52,090 This is a home show, not a road show. 672 00:34:55,426 --> 00:34:57,720 You know what? I can make an exception. 673 00:34:57,804 --> 00:34:59,263 That's cool. 674 00:35:01,974 --> 00:35:03,267 But... 675 00:35:05,436 --> 00:35:07,438 I want Larry Page there. 676 00:35:10,108 --> 00:35:11,776 That's a tough get. 677 00:35:13,111 --> 00:35:14,779 I'll see what I can do. 678 00:35:27,500 --> 00:35:29,043 Um, hi. 679 00:35:29,127 --> 00:35:32,254 David fucking Drummond came into the office today, 680 00:35:32,338 --> 00:35:34,590 and we are going to the Googleplex on Tuesday. 681 00:35:34,674 --> 00:35:36,091 And Larry Page is gonna be there! 682 00:35:36,175 --> 00:35:37,384 I feel fucking amazing! 683 00:35:37,468 --> 00:35:38,845 I can see that. 684 00:35:41,973 --> 00:35:45,517 You are my good-luck charm. 685 00:35:45,601 --> 00:35:48,146 Okay. Well, I like that. 686 00:36:26,684 --> 00:36:28,227 Is he coming? 687 00:36:36,027 --> 00:36:37,778 Larry Page, Travis Kalanick, 688 00:36:37,862 --> 00:36:38,987 and Emil Michael. 689 00:36:39,071 --> 00:36:40,907 It's so great to meet you, man. 690 00:37:01,135 --> 00:37:03,762 So, look, I'll admit when I started Uber, 691 00:37:03,846 --> 00:37:05,764 it was just a way for me and my buddies 692 00:37:05,848 --> 00:37:08,183 to get around San Francisco in limos like ballers. 693 00:37:08,267 --> 00:37:10,435 You know, we didn't have a grand plan. 694 00:37:10,519 --> 00:37:12,020 For a minute. 695 00:37:12,104 --> 00:37:13,689 But then I was forced to learn to improvise 696 00:37:13,773 --> 00:37:15,941 once it turned out everybody wanted in. 697 00:37:16,025 --> 00:37:18,110 Has that ever happened to you? You know, you have an idea 698 00:37:18,194 --> 00:37:19,904 and then it spins into something else? 699 00:37:24,617 --> 00:37:26,285 Maybe not. 700 00:37:26,369 --> 00:37:28,370 Maybe you just see it all in front of you 701 00:37:28,454 --> 00:37:29,705 perfectly mapped out, 702 00:37:29,789 --> 00:37:31,373 exactly the way it'll come to pass. 703 00:37:31,457 --> 00:37:33,625 I don't know, me? I have to stay open to opportunity 704 00:37:33,709 --> 00:37:35,377 and nimble enough to change, 705 00:37:35,461 --> 00:37:37,838 because here's the thing: We are not a limo company. 706 00:37:37,922 --> 00:37:39,715 We're a technology company. 707 00:37:39,799 --> 00:37:41,175 But if I had known that at the start, 708 00:37:41,259 --> 00:37:42,843 I might have never started. 709 00:37:42,927 --> 00:37:44,803 You know, my mom, she says, "Look before you leap." 710 00:37:44,887 --> 00:37:47,639 But I'm always like, how am I going to get a good enough view 711 00:37:47,723 --> 00:37:49,057 and decide what's next 712 00:37:49,141 --> 00:37:51,310 if I'm not already up in the air, you know? 713 00:37:51,394 --> 00:37:52,978 Because I took the leap, right? 714 00:37:53,062 --> 00:37:54,730 Like you guys with Google Maps, that is a leap. 715 00:37:54,814 --> 00:37:57,275 But you're up in the air, and you can look, and boom. 716 00:37:58,818 --> 00:38:01,404 Autonomous vehicles, right? 717 00:38:05,992 --> 00:38:08,744 Yeah, you know, self-driving cars 718 00:38:08,828 --> 00:38:11,330 are very much front of mind. 719 00:38:11,414 --> 00:38:13,749 Still early stages, but... 720 00:38:14,709 --> 00:38:16,961 Yeah. 721 00:38:27,305 --> 00:38:31,350 Ooh, you make me live 722 00:38:31,434 --> 00:38:34,978 Whatever this world Can give to me 723 00:38:35,062 --> 00:38:36,688 It's you 724 00:38:36,772 --> 00:38:39,399 You're all I see 725 00:38:39,483 --> 00:38:43,862 Ooh, you make me live now Honey 726 00:38:43,946 --> 00:38:46,866 Ooh, you make me live 727 00:38:48,617 --> 00:38:51,703 Oh, you're the best friend 728 00:38:51,787 --> 00:38:54,081 That I ever had 729 00:38:54,165 --> 00:38:58,878 I've been with you Such a long time... 730 00:39:06,594 --> 00:39:09,179 Look, it'd be easy for Google Ventures 731 00:39:09,263 --> 00:39:11,139 to just plug some money into Uber 732 00:39:11,223 --> 00:39:14,059 and walk away and siphon off some of our success. 733 00:39:14,143 --> 00:39:15,727 But I don't think that's what you want to do. 734 00:39:15,811 --> 00:39:17,437 I think you want us to grow together, right? 735 00:39:17,521 --> 00:39:19,147 Like, imagine we could share data 736 00:39:19,231 --> 00:39:20,565 from all the millions of trips 737 00:39:20,649 --> 00:39:21,775 that Uber runs every day. 738 00:39:21,859 --> 00:39:23,777 Plug that into Google Maps 739 00:39:23,861 --> 00:39:25,362 or anything else that we want to team up on. 740 00:39:25,446 --> 00:39:27,531 Flying cars. 741 00:39:29,658 --> 00:39:32,035 The numbers. 742 00:39:32,119 --> 00:39:33,328 You aware? 743 00:39:33,412 --> 00:39:35,455 Flying cars? 744 00:39:35,539 --> 00:39:40,127 Move 14% of vehicles currently on the road to air lanes, 745 00:39:40,211 --> 00:39:43,047 traffic congestion goes down 82%. 746 00:39:44,173 --> 00:39:45,590 Wow. 747 00:39:45,674 --> 00:39:46,884 That... 748 00:39:51,514 --> 00:39:53,057 Your idea? 749 00:39:53,724 --> 00:39:55,267 Uber? 750 00:39:55,351 --> 00:39:57,185 Oh, yeah. 751 00:39:57,269 --> 00:39:58,687 Yeah, it was. 752 00:39:58,771 --> 00:40:00,522 My partner, Garrett, he ideated the concept, 753 00:40:00,606 --> 00:40:03,651 but I refined it and really built it. 754 00:40:06,737 --> 00:40:08,280 Interesting. 755 00:40:10,199 --> 00:40:13,869 How does route planning work? 756 00:40:13,953 --> 00:40:16,455 That's not easy. 757 00:40:16,539 --> 00:40:21,043 That's... is that OSRM, or are you using our APIs? 758 00:40:21,127 --> 00:40:24,046 It's open-source. 759 00:40:24,130 --> 00:40:26,090 Open-source what? 760 00:40:28,175 --> 00:40:30,552 OpenStreetMap, I'm pretty sure. 761 00:40:30,636 --> 00:40:33,097 It's... it's really advanced. We have the best guys on it. 762 00:40:35,433 --> 00:40:36,600 If you say so. 763 00:40:39,270 --> 00:40:44,483 You don't actually write code, do you, Tyler? 764 00:40:45,317 --> 00:40:46,526 Travis. 765 00:40:46,610 --> 00:40:47,987 Kalanick. 766 00:40:53,742 --> 00:40:55,286 Okay. 767 00:40:56,495 --> 00:40:58,580 Good. 768 00:40:58,664 --> 00:41:01,459 Yeah, we should, you know... 769 00:41:04,587 --> 00:41:05,963 You know... 770 00:41:18,642 --> 00:41:20,019 Let's do this. 771 00:41:22,480 --> 00:41:24,564 If we come on, I'll get a board seat. 772 00:41:24,648 --> 00:41:25,899 - An observer's seat. - A voting seat. 773 00:41:25,983 --> 00:41:27,317 That's a deal-breaker. 774 00:41:27,401 --> 00:41:29,069 The only way I'm giving up 775 00:41:29,153 --> 00:41:30,779 a voting seat is if there's a spend commensurate 776 00:41:30,863 --> 00:41:32,614 - with the people at this table. - It's my table. 777 00:41:32,698 --> 00:41:34,908 If Uber weren't the hottest entrant in transportation space, 778 00:41:34,992 --> 00:41:37,327 I wouldn't be sitting here, and neither would you. 779 00:41:37,411 --> 00:41:38,871 Look... 780 00:41:40,915 --> 00:41:42,999 Amazon is a warehouse company. 781 00:41:43,083 --> 00:41:45,293 We are the everything company. 782 00:41:45,377 --> 00:41:46,670 You revolutionize transportation, 783 00:41:46,754 --> 00:41:48,171 you revolutionize urban development, 784 00:41:48,255 --> 00:41:50,132 real estate, the energy sector, 785 00:41:50,216 --> 00:41:51,925 food and hospitality, trading and shipping. 786 00:41:52,009 --> 00:41:54,594 I mean, this is a lot more than just how people shop. 787 00:41:54,678 --> 00:41:56,972 This is how they live, and it's all frictionless, 788 00:41:57,056 --> 00:41:58,682 because that's who we are. 789 00:41:58,766 --> 00:42:00,809 Our brand changes the world, just like your does. 790 00:42:00,893 --> 00:42:02,102 You got an ask? 791 00:42:05,397 --> 00:42:08,483 Quarter-bil. 792 00:42:08,567 --> 00:42:10,819 The most Google's ever invested is a hundred million. 793 00:42:10,903 --> 00:42:12,654 I'm willing to talk something in that ballpark... 794 00:42:12,738 --> 00:42:15,615 Talk about a quarter-billion dollars. 795 00:42:15,699 --> 00:42:17,576 That's the ask. 796 00:42:21,747 --> 00:42:23,999 - Can you believe that? - That was fucking insane. 797 00:42:24,083 --> 00:42:26,251 Dude, the vibe between me and Larry was tight. 798 00:42:30,256 --> 00:42:31,756 I'm calling Bill. 799 00:42:31,840 --> 00:42:33,884 Hmm? No, no, no. Don't... don't do that. 800 00:42:33,968 --> 00:42:36,344 Okay, maybe I don't? 801 00:42:36,428 --> 00:42:38,388 I'm running this play without protection in the pocket. 802 00:42:38,472 --> 00:42:40,348 Fuck. 803 00:42:40,432 --> 00:42:42,392 You went in there without even telling Bill 804 00:42:42,476 --> 00:42:45,062 and without telling me what the actual ask was gonna be? 805 00:42:46,313 --> 00:42:47,690 Are you actually in the pocket? 806 00:42:49,441 --> 00:42:51,026 I'm fine. 807 00:42:51,110 --> 00:42:52,486 He's gonna find out. 808 00:42:52,570 --> 00:42:54,196 He's not my dad. 809 00:42:54,280 --> 00:42:56,490 And if we nail a quarter-bil, then he can apologize. 810 00:42:56,575 --> 00:43:00,537 If we don't, then he can gloat. 811 00:43:08,752 --> 00:43:10,962 You don't actually have the Google cash. 812 00:43:11,046 --> 00:43:12,547 We might never have it. 813 00:43:12,631 --> 00:43:14,799 You might have completely blown it with that ask. 814 00:43:14,883 --> 00:43:16,969 I cannot believe you're not with me on this one. 815 00:43:24,059 --> 00:43:25,810 Dude, the money is coming in one way or another. 816 00:43:25,894 --> 00:43:27,229 Look at our growth rate. 817 00:43:27,313 --> 00:43:29,189 - Look at our burn rate. - That's true. 818 00:43:29,273 --> 00:43:31,233 - The incentives are killing us. - But that's why we buy Lyft, 819 00:43:31,317 --> 00:43:34,194 so we can stop paying these fucking incentives to the 820 00:43:34,278 --> 00:43:36,988 drivers, because where else are they gonna go? 821 00:43:41,660 --> 00:43:43,870 Maybe we should run this by Bill... 822 00:43:43,954 --> 00:43:46,915 No, we're not. Don't say "Bill." We're not running by anything. 823 00:43:46,999 --> 00:43:48,583 No run-bys. We endgame Lyft, okay? 824 00:43:48,667 --> 00:43:50,126 We get the Google money, and we end them. 825 00:43:50,210 --> 00:43:51,920 That's it. 826 00:43:52,004 --> 00:43:54,285 Unless you want them nipping at our heels forever. 827 00:43:57,176 --> 00:43:58,969 Should I have called? 828 00:43:59,970 --> 00:44:01,347 Give me the room. 829 00:44:11,190 --> 00:44:12,816 I love saying that. 830 00:44:15,110 --> 00:44:16,195 David Drummond called. 831 00:44:18,530 --> 00:44:19,864 Called you? 832 00:44:19,948 --> 00:44:21,783 I'm the guy they call. 833 00:44:21,867 --> 00:44:23,618 That's how this works. 834 00:44:23,702 --> 00:44:25,412 When you fuck up, they call me. 835 00:44:25,496 --> 00:44:27,956 When you try to go deep with Larry Page, they call me. 836 00:44:28,040 --> 00:44:29,958 When you land over a quarter of a billion dollars 837 00:44:30,042 --> 00:44:32,544 of Google's money, they call me. 838 00:44:34,213 --> 00:44:35,630 Fuck you. 839 00:44:35,714 --> 00:44:37,716 No, thanks. I'm good. 840 00:44:37,800 --> 00:44:40,385 My founder just raised some serious cash. 841 00:44:40,469 --> 00:44:42,096 Oh! 842 00:44:43,388 --> 00:44:45,055 - You feeling it? - Holy shit! 843 00:44:45,140 --> 00:44:46,975 Yes. Holy shit. 844 00:44:47,059 --> 00:44:48,977 I know how to win now. I know how. 845 00:44:49,061 --> 00:44:51,104 I already set up the dinner with Zimmer. 846 00:44:51,188 --> 00:44:52,314 Now you can do it. 847 00:44:52,398 --> 00:44:54,107 Okay, then. 848 00:44:54,191 --> 00:44:56,359 We're gonna go in there, we're gonna scoop up Lyft. 849 00:44:56,443 --> 00:44:59,696 Zimmer is gonna... He's gonna act weird at first. 850 00:44:59,780 --> 00:45:01,531 He's bleeding. His board's after him. 851 00:45:01,615 --> 00:45:03,950 He knows he's dying, and he doesn't want to die. 852 00:45:04,034 --> 00:45:05,785 So you're gonna let him know 853 00:45:05,869 --> 00:45:09,081 that you're not going to go to the press and call him a loser. 854 00:45:11,083 --> 00:45:13,283 And you're gonna treat his employees with respect... 855 00:45:14,586 --> 00:45:16,422 and a seat on the board. 856 00:45:22,177 --> 00:45:24,512 - Okay, I can do that. - Oh, I know you can, 857 00:45:24,596 --> 00:45:26,514 because a guy marries a woman with kids, 858 00:45:26,598 --> 00:45:30,310 he has to prove he's not gonna fuck up her life or theirs. 859 00:45:30,394 --> 00:45:31,811 You get it? 860 00:45:31,895 --> 00:45:34,106 I got it. 861 00:45:38,026 --> 00:45:40,445 Did you say over a quarter-billion? 862 00:45:40,529 --> 00:45:42,030 Two-fifty-seven. 863 00:45:46,618 --> 00:45:48,536 I guess it's okay if they bigfoot us now, right, Bill? 864 00:45:48,620 --> 00:45:50,330 It's very fucking okay. They bought the right. 865 00:45:55,335 --> 00:45:57,212 The legend's always been 866 00:45:57,296 --> 00:46:00,507 the restaurants in Little India all share the same kitchen. 867 00:46:00,591 --> 00:46:03,093 So you walk down Sixth Street in New York City, 868 00:46:03,177 --> 00:46:06,096 and every storefront has a different name. 869 00:46:06,180 --> 00:46:08,056 They have a different collection of Christmas lights 870 00:46:08,140 --> 00:46:10,141 and different aging menus taped to the windows, 871 00:46:10,225 --> 00:46:12,352 but it's all a mirage. 872 00:46:12,436 --> 00:46:14,771 You mean like an actual mirage, or people just can't believe 873 00:46:14,855 --> 00:46:16,439 that all these different Indian restaurants 874 00:46:16,523 --> 00:46:17,941 share the same kitchen? 875 00:46:18,025 --> 00:46:19,150 Never did find out. 876 00:46:19,234 --> 00:46:20,777 The vindaloo, 877 00:46:20,861 --> 00:46:22,862 it doesn't taste the same at all those places. 878 00:46:22,946 --> 00:46:24,406 I just... I call bullshit. 879 00:46:24,490 --> 00:46:26,199 Yeah, me too. Probably, right? 880 00:46:26,283 --> 00:46:28,159 But maybe that's the magic of it. 881 00:46:28,243 --> 00:46:30,370 Create the sense of choice 882 00:46:30,454 --> 00:46:32,747 that the customer is engaging in a decision. 883 00:46:32,831 --> 00:46:35,750 But actually all the money's flowing back to the same place. 884 00:46:35,834 --> 00:46:40,255 And in this case, that'd be us. 885 00:46:40,339 --> 00:46:41,799 Something like that. 886 00:46:51,141 --> 00:46:54,894 We think you retaining 17% of the company is a fair deal. 887 00:46:54,978 --> 00:46:56,855 We wanted 25. 888 00:46:56,939 --> 00:46:58,982 We know, Kate. 889 00:47:02,694 --> 00:47:05,113 I can sit with 17. 890 00:47:05,197 --> 00:47:06,823 Board seat as discussed. 891 00:47:06,907 --> 00:47:09,117 Lyft retains its app and staff, 892 00:47:09,201 --> 00:47:11,745 and we can discuss lightening our C-suite. 893 00:47:11,829 --> 00:47:14,832 We have a few top performers we'd like to protect. 894 00:47:29,930 --> 00:47:31,348 Eight percent. 895 00:47:37,062 --> 00:47:38,313 You know what I wanted to say? 896 00:47:38,397 --> 00:47:40,064 Here's my final offer: nothing. 897 00:47:40,148 --> 00:47:41,983 Like the Lake Tahoe scene. 898 00:47:42,067 --> 00:47:44,152 I just didn't want you guys to think I was screwing around. 899 00:47:44,236 --> 00:47:45,820 - Travis. - So you're serious? 900 00:47:45,904 --> 00:47:47,906 I mean, I also sprung for the Sam Wo's. 901 00:47:51,577 --> 00:47:53,328 You know, Travis, sometimes when you put your dick 902 00:47:53,412 --> 00:47:55,079 out on a table, 903 00:47:55,163 --> 00:47:57,499 it doesn't necessarily mean you have a big one. 904 00:47:57,583 --> 00:47:59,459 It might just mean you exposed yourself. 905 00:47:59,543 --> 00:48:02,545 You have no fucking idea how many people assume 906 00:48:02,629 --> 00:48:04,047 that everything I've accomplished 907 00:48:04,131 --> 00:48:06,842 is somehow to compensate for everything I'm not. 908 00:48:08,051 --> 00:48:10,595 But you have to know 909 00:48:10,679 --> 00:48:13,390 the whole worth of your company is predicated on my success. 910 00:48:14,308 --> 00:48:15,475 You're a tapeworm. 911 00:48:15,559 --> 00:48:17,227 I'm the host. You need me. 912 00:48:17,311 --> 00:48:19,646 What, to be on that wall? I need you on that wall? 913 00:48:19,730 --> 00:48:23,024 You need me to survive. 914 00:48:23,108 --> 00:48:24,776 I understand you feel that way. 915 00:48:24,860 --> 00:48:26,736 This isn't about feelings, man. This is about facts. 916 00:48:26,820 --> 00:48:29,322 You're shedding six and a half percent a day 917 00:48:29,406 --> 00:48:31,991 of potential revenue to us post-UberX. 918 00:48:32,075 --> 00:48:33,243 We're gonna roll out dynamic pricing. 919 00:48:33,327 --> 00:48:34,160 That number's going to double. 920 00:48:34,244 --> 00:48:35,745 You're going to lose all your drivers. 921 00:48:35,829 --> 00:48:37,664 More than that, you're going to lose your customers. 922 00:48:37,748 --> 00:48:38,957 Because they like your little interface. 923 00:48:39,041 --> 00:48:40,250 But you know what they like more? 924 00:48:40,334 --> 00:48:41,709 A car that shows up fast, 925 00:48:41,793 --> 00:48:43,633 and you won't be able to provide it. 926 00:48:48,300 --> 00:48:50,885 He's not putting it very diplomatically. 927 00:48:50,969 --> 00:48:55,599 His terms are not the ones I recommended. 928 00:49:00,479 --> 00:49:02,105 But it is true. 929 00:49:08,362 --> 00:49:09,988 Something funny? 930 00:49:10,072 --> 00:49:11,823 You could have walked out of here tonight 931 00:49:11,907 --> 00:49:14,284 owning the entire rideshare space. 932 00:49:14,368 --> 00:49:16,411 Like Coke and Pepsi got hitched. 933 00:49:16,495 --> 00:49:17,912 But you're not smart enough. 934 00:49:17,996 --> 00:49:19,747 No, no, that's not it. 935 00:49:19,831 --> 00:49:23,543 You're not sophisticated enough. You're not cultured enough. 936 00:49:23,627 --> 00:49:26,129 Fuck, you're not human enough. 937 00:49:27,547 --> 00:49:30,008 Sure, you have some savvy. 938 00:49:30,092 --> 00:49:32,051 And, yes, you are good with numbers. 939 00:49:32,135 --> 00:49:35,013 But you're too much of a goddamn predatory animal 940 00:49:35,097 --> 00:49:37,056 to take a sure thing when it comes to you. 941 00:49:37,140 --> 00:49:38,600 I don't know why. 942 00:49:38,684 --> 00:49:40,519 I... I don't actually care. 943 00:49:47,859 --> 00:49:49,736 Here's what's gonna happen. 944 00:49:49,820 --> 00:49:51,446 I'm not ever leaving the rideshare space. 945 00:49:51,530 --> 00:49:52,906 Not now. 946 00:49:52,990 --> 00:49:54,198 I mean, I was ready to pull back. 947 00:49:54,282 --> 00:49:56,284 But after this, uh-uh. 948 00:49:56,368 --> 00:49:58,286 I will grow, and I will suck 949 00:49:58,370 --> 00:50:01,247 the ever-loving fucking life out of your company. 950 00:50:01,331 --> 00:50:02,707 And I will outlast you. 951 00:50:02,791 --> 00:50:04,042 And when I do, when I go public first, 952 00:50:04,126 --> 00:50:06,127 I just want you to remember, 953 00:50:06,211 --> 00:50:09,088 you brought this shit-ton of bricks down on your own head. 954 00:50:09,172 --> 00:50:11,425 Bill, thanks much. 955 00:50:22,853 --> 00:50:25,313 Well, that was fucking ridiculous. 956 00:50:54,634 --> 00:50:55,927 I had to take a walk. 957 00:50:56,011 --> 00:50:57,929 I'm sorry you wasted your evening. 958 00:50:58,013 --> 00:50:59,681 It's fine. 959 00:51:00,932 --> 00:51:02,392 I know it's not. 960 00:51:05,896 --> 00:51:07,689 What are you doing, Bill? 961 00:51:07,773 --> 00:51:10,483 Riding shotgun with a guy like that? 962 00:51:10,567 --> 00:51:12,652 I saw your face. You had no idea 963 00:51:12,736 --> 00:51:14,529 he was gonna self-immolate in there tonight. 964 00:51:14,613 --> 00:51:17,532 I'm sorry we couldn't throw you a lifeline, 965 00:51:17,616 --> 00:51:19,493 but his point's not wrong. 966 00:51:20,869 --> 00:51:22,370 Probably all healthier if we compete. 967 00:51:22,454 --> 00:51:24,372 Sure. 968 00:51:24,456 --> 00:51:26,457 You got to defend your founder. 969 00:51:26,541 --> 00:51:28,376 Gurley stands behind his man. 970 00:51:28,460 --> 00:51:32,714 But every time Travis gets a win... 971 00:51:34,633 --> 00:51:36,551 you're making him believe 972 00:51:36,635 --> 00:51:38,886 the world owes him that win. 973 00:51:38,970 --> 00:51:41,764 First loss he has, he's gonna think he's drowning, 974 00:51:41,848 --> 00:51:45,268 and he's gonna stand on your shoulders to save himself. 975 00:51:45,352 --> 00:51:47,354 He'll push you right under. 976 00:51:55,278 --> 00:51:56,863 John. 977 00:52:08,792 --> 00:52:10,752 Let me know if I can help you this funding round. 978 00:52:10,836 --> 00:52:15,089 Just, uh, make some quiet calls. 979 00:52:15,173 --> 00:52:17,216 I used to consider you one of the good ones. 980 00:52:17,300 --> 00:52:20,261 Now I see you've turned into a jackal like all the rest. 981 00:52:20,345 --> 00:52:22,472 I don't want you anywhere near my company. 982 00:52:34,442 --> 00:52:37,111 "Google Ventures is the largest investor, 983 00:52:37,195 --> 00:52:41,407 "with $257.79 million in. 984 00:52:41,491 --> 00:52:46,621 "This round values Uber at around $3.4 billion pre-money, 985 00:52:46,705 --> 00:52:49,499 $3.76 billion post-money." 986 00:52:49,583 --> 00:52:51,334 This is absolutely fucking great. 987 00:52:51,418 --> 00:52:53,419 Well, I'm happy to be here. 988 00:53:02,429 --> 00:53:03,971 You going down to say hello to David? 989 00:53:04,055 --> 00:53:05,306 Yeah, I'm walking now. 990 00:53:05,390 --> 00:53:07,141 Uh, hey, listen, I was just curious. 991 00:53:07,225 --> 00:53:10,478 When was it that, uh, you guys decided to tank the Lyft deal 992 00:53:10,562 --> 00:53:14,065 and try to kill them instead of buying them? 993 00:53:14,149 --> 00:53:17,652 There wasn't a specific internal discussion. 994 00:53:17,736 --> 00:53:19,320 Well, I mean, did you, uh...? 995 00:53:19,404 --> 00:53:20,905 Did you lose my phone number for a while, 996 00:53:20,989 --> 00:53:23,116 or you forget how to dial? 997 00:53:26,536 --> 00:53:29,413 We had a relationship when you put me in, for sure. 998 00:53:29,497 --> 00:53:31,833 And we still have one now. 999 00:53:31,917 --> 00:53:34,168 It's different, though. It has to be. 1000 00:53:34,252 --> 00:53:36,963 Now, I know that. You know that. 1001 00:53:37,047 --> 00:53:40,007 Why don't we just enjoy his success, Bill? 1002 00:53:40,091 --> 00:53:42,385 It's all to our benefit. 1003 00:53:50,227 --> 00:53:52,229 Alright, take care of your mom. 1004 00:54:00,987 --> 00:54:02,572 What time is your flight? 1005 00:54:02,656 --> 00:54:04,240 Tomorrow morning at 8:00. 1006 00:54:04,324 --> 00:54:07,326 Hmm. 1007 00:54:07,410 --> 00:54:10,830 You finally left Rex alone to shoot around out there, huh? 1008 00:54:10,914 --> 00:54:13,708 I was just trying to impart something about the game 1009 00:54:13,792 --> 00:54:15,501 to our guy before I leave tomorrow. 1010 00:54:15,585 --> 00:54:17,003 Not just about the game. 1011 00:54:17,087 --> 00:54:18,838 I tell you what, I hope he listens to his coaches 1012 00:54:18,922 --> 00:54:20,339 better than he does to me, 1013 00:54:20,423 --> 00:54:22,216 because he tunes me out like an old radio dial. 1014 00:54:22,300 --> 00:54:25,845 Because you play D1, which he has to ignore, 1015 00:54:25,929 --> 00:54:28,389 or it'll be too hard to keep going. 1016 00:54:28,473 --> 00:54:32,643 You always say a good coach finds a way to cut through. 1017 00:54:32,727 --> 00:54:35,521 Either gets loud or quiet, 1018 00:54:35,605 --> 00:54:39,233 or finds an angle until he's heard. 1019 00:54:39,317 --> 00:54:41,361 I'm kind of sucking at that lately. 1020 00:54:45,115 --> 00:54:46,657 Say the rest. 1021 00:54:46,741 --> 00:54:48,118 The thing you don't want to. 1022 00:54:51,788 --> 00:54:55,125 Uber scored huge in this last round. 1023 00:54:56,835 --> 00:54:58,211 Massive. 1024 00:54:59,337 --> 00:55:01,088 And you're mad? Why? 1025 00:55:01,172 --> 00:55:03,049 Sounds like you did good. 1026 00:55:03,133 --> 00:55:05,301 Because his wins are his, 1027 00:55:05,385 --> 00:55:07,470 and his losses, his sins, are all of ours. 1028 00:55:07,554 --> 00:55:09,847 And he won't listen. 1029 00:55:09,931 --> 00:55:11,390 Ah, you know, I can't protect him. 1030 00:55:11,474 --> 00:55:12,892 I... 1031 00:55:19,733 --> 00:55:22,443 I stood up for him. 1032 00:55:22,527 --> 00:55:25,279 A smart guy, a guy I greatly respect. 1033 00:55:25,363 --> 00:55:27,365 He looked me right in the eye, right in the soul, 1034 00:55:27,449 --> 00:55:29,326 and he told me exactly what he saw. 1035 00:55:31,036 --> 00:55:32,537 There's nothing. 1036 00:55:38,376 --> 00:55:41,295 Well, if Travis won't let you protect him, 1037 00:55:41,379 --> 00:55:43,673 then that's on him, not you. 1038 00:55:45,884 --> 00:55:47,134 Or is this about the money? 1039 00:55:47,218 --> 00:55:48,553 No. 1040 00:55:54,184 --> 00:55:55,602 A little. 1041 00:55:59,105 --> 00:56:00,856 A lot. 1042 00:56:00,940 --> 00:56:03,359 At the end of this run, it's the one that... 1043 00:56:03,443 --> 00:56:06,195 It's the one that pays for all the others. 1044 00:56:06,279 --> 00:56:08,698 It's the one that makes it so we nev... 1045 00:56:11,493 --> 00:56:15,330 Ever have to think about money again. 1046 00:56:16,748 --> 00:56:19,041 Oh, I don't think about it much now. 1047 00:56:19,125 --> 00:56:22,586 And I rarely heard you talk about it until this... 1048 00:56:22,670 --> 00:56:26,007 This idea of changing the family tree seemed possible. 1049 00:56:26,091 --> 00:56:30,177 Meaning I'm fine just the way we are. 1050 00:56:30,261 --> 00:56:32,972 But what if you got the money out of your head 1051 00:56:33,056 --> 00:56:35,016 and made the right decision? 1052 00:56:35,100 --> 00:56:37,101 For the guy? For the team? 1053 00:56:37,185 --> 00:56:39,186 For everyone who deals with them? 1054 00:56:39,270 --> 00:56:41,188 Because if you don't, 1055 00:56:41,272 --> 00:56:44,609 I don't want to see you carrying that around. 1056 00:56:49,739 --> 00:56:51,532 Hey, Bill, they should have water out there for us. 1057 00:56:51,616 --> 00:56:53,284 But you want anything else to drink? 1058 00:56:53,368 --> 00:56:55,286 - You want a soda or something? - Water sounds just fine. 1059 00:56:55,370 --> 00:56:57,288 - Thanks, Mike. - How about any, uh, 1060 00:56:57,372 --> 00:56:59,582 specific questions you want me to ask you? 1061 00:57:02,043 --> 00:57:04,921 I think whatever you throw out at me will be fine, yeah. 1062 00:57:07,674 --> 00:57:10,009 TK, Gurley's panel's up. 1063 00:57:10,093 --> 00:57:11,635 Oh, yeah. 1064 00:57:11,719 --> 00:57:13,138 Think I mentioned the raise. 1065 00:57:15,723 --> 00:57:17,391 All right, it's about that time. Are you ready? 1066 00:57:17,475 --> 00:57:19,769 - Yeah. - All right, let's do it. 1067 00:57:22,230 --> 00:57:25,150 You know, uh, come to think of it, uh, Mike... 1068 00:57:27,569 --> 00:57:29,653 yeah, there is. 1069 00:57:32,575 --> 00:57:34,701 Bill, I got one last question for you. 1070 00:57:35,927 --> 00:57:38,180 Do you think we're in a tech bubble? 1071 00:57:40,915 --> 00:57:43,042 I think that we're in a risk bubble. 1072 00:57:43,126 --> 00:57:45,586 Uh, especially with these, uh... 1073 00:57:45,670 --> 00:57:47,213 these so-called unicorns. 1074 00:57:49,340 --> 00:57:51,425 Except for your one true unicorn, right, Bill? 1075 00:57:51,509 --> 00:57:56,764 We've flushed an excessive amount of money onto them, 1076 00:57:56,848 --> 00:57:58,432 and they, uh... 1077 00:57:58,516 --> 00:58:01,602 Well, a lot of them, including some favorites of mine 1078 00:58:01,686 --> 00:58:03,980 are, uh, acting, uh... 1079 00:58:05,231 --> 00:58:07,400 irrationally. 1080 00:58:07,484 --> 00:58:09,068 Warren Buffett has a... 1081 00:58:09,152 --> 00:58:10,569 Has a great saying. 1082 00:58:10,653 --> 00:58:12,238 "Be fearful when others are greedy, 1083 00:58:12,322 --> 00:58:14,031 and be greedy when others are fearful." 1084 00:58:14,115 --> 00:58:16,659 I'm not here to accuse anyone of being greedy. 1085 00:58:16,743 --> 00:58:20,746 But there is nowhere near enough fear 1086 00:58:20,830 --> 00:58:22,456 in Silicon Valley right now. 1087 00:58:22,540 --> 00:58:27,628 And I think you will see some dead unicorns this year. 1088 00:58:27,712 --> 00:58:29,547 There you have it, ladies and gentlemen. 1089 00:58:29,631 --> 00:58:31,841 Bill Gurley. 1090 00:58:35,386 --> 00:58:36,679 What the fuck was that? 1091 00:58:47,857 --> 00:58:50,943 "Dead unicorns." What, is he sending a coded fucking message? 1092 00:58:51,027 --> 00:58:54,321 Okay, we just raised a crazy successful round. 1093 00:58:54,405 --> 00:58:56,824 We basically destroyed our nearest rival, 1094 00:58:56,908 --> 00:58:58,659 and that's his fucking response? 1095 00:58:58,743 --> 00:59:00,036 I guess it was. 1096 00:59:02,539 --> 00:59:04,790 All right, he wants to play with fucking baseball bats. 1097 00:59:04,874 --> 00:59:06,542 Let's play with bats. 1098 00:59:06,626 --> 00:59:09,128 Penny, I need a sit-down with Bill Gurley 1099 00:59:09,212 --> 00:59:10,963 as soon as he is fucking back. 1100 00:59:11,281 --> 00:59:13,102 And get me building security. 1101 00:59:25,770 --> 00:59:29,565 ♪ The waiting drove me mad ♪ 1102 00:59:29,649 --> 00:59:33,444 ♪ You're finally here ♪ ♪ And I'm a mess ♪ 1103 00:59:33,528 --> 00:59:36,530 ♪ I take your entrance back ♪ 1104 00:59:36,614 --> 00:59:41,202 ♪ Can't let you ♪ ♪ Roam inside my head ♪ 1105 00:59:41,286 --> 00:59:44,788 ♪ I don't want to take ♪ ♪ What you can give ♪ 1106 00:59:44,872 --> 00:59:48,292 ♪ I would rather starve ♪ ♪ Than eat your bread ♪ 1107 00:59:48,376 --> 00:59:52,213 ♪ I would rather run ♪ ♪ But I can't walk ♪ 1108 00:59:52,297 --> 00:59:56,676 ♪ Guess I'll lay alone ♪ ♪ Just like before ♪ 1109 01:00:13,151 --> 01:00:17,321 ♪ I'll take ♪ ♪ The varmint's path ♪ 1110 01:00:17,405 --> 01:00:20,991 ♪ Oh, and I must ♪ ♪ Refuse your test ♪ 1111 01:00:21,075 --> 01:00:22,535 Shit. 1112 01:00:22,619 --> 01:00:25,037 ♪ And I will resist ♪ 1113 01:00:25,121 --> 01:00:28,582 ♪ This behavior's not unique ♪ 1114 01:00:28,666 --> 01:00:32,586 ♪ I don't want to hear ♪ ♪ From those who know ♪ 1115 01:00:32,670 --> 01:00:36,257 ♪ They can buy ♪ ♪ But can't put on my clothes ♪ 1116 01:00:36,341 --> 01:00:39,593 ♪ I don't want to limp ♪ ♪ For them to walk ♪ 1117 01:00:39,677 --> 01:00:43,222 ♪ Never would have known ♪ ♪ Of me before ♪ 1118 01:00:43,306 --> 01:00:46,934 ♪ I don't want to be held ♪ ♪ In your debt ♪ 1119 01:00:47,018 --> 01:00:50,771 ♪ I'll pay it off in blood ♪ ♪ Let I be wed ♪ 1120 01:00:50,855 --> 01:00:54,733 ♪ I'm already cut up ♪ ♪ And half dead ♪ 1121 01:00:54,817 --> 01:00:58,404 ♪ I'll end up alone ♪ ♪ Like I began ♪ 1122 01:01:12,627 --> 01:01:17,507 ♪ Everything has chains, ♪ ♪ Absolutely... ♪ 84858

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