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Previously, on
"Super Pumped"...
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00:00:03,461 --> 00:00:05,329
He's just gonna see
a guy in his lame jeans
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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.
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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
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00:00:14,139 --> 00:00:15,306
at Uber cab as you please.
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00:00:15,390 --> 00:00:16,474
- One of us?
- Full access.
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00:00:16,558 --> 00:00:18,100
Nice.
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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.
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00:00:27,569 --> 00:00:29,195
I have a purpose.
15
00:00:29,279 --> 00:00:31,697
Advising, vision shaping.
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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.
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00:00:35,285 --> 00:00:36,661
I'm the one who put you in here,
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00:00:36,745 --> 00:00:38,037
I'm the one
who can take you out, too.
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00:00:38,121 --> 00:00:39,997
I say we keep
Bill close for now.
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00:00:40,081 --> 00:00:41,791
But you keep
doing what you're doing.
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00:00:41,875 --> 00:00:42,959
We're killing it.
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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.
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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.
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00:00:54,637 --> 00:00:58,849
These motherfuckers.
They're stealing all my shit!
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00:00:58,933 --> 00:01:01,644
Oh, we're going to fucking war.
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*SUPERPUMPED THE BATTLE FOR UBER
Season 01 Episode 03
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00:01:57,621 --> 00:01:59,621
Episode Title: "War"
Aired on: March 13, 2022.
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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 ♪
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00:02:30,358 --> 00:02:33,319
We had 93% of the market
on lock.
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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.
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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?
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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?
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00:02:53,715 --> 00:02:55,466
I'm the one in the yellow
fucking jersey.
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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.
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00:03:13,067 --> 00:03:15,778
We should just buy Lyft.
Absorb them.
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00:03:15,862 --> 00:03:17,404
We don't have
the war chest for that.
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00:03:17,488 --> 00:03:19,406
- Okay, let's get it.
- Look, who cares
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00:03:19,490 --> 00:03:21,492
about John Zimmer's
little rideshare company?
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00:03:21,576 --> 00:03:23,244
You've got a powerful brand.
Build it.
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00:03:23,328 --> 00:03:24,495
Keep your focus on that.
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00:03:24,579 --> 00:03:26,330
Stop obsessing over Lyft.
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00:03:26,414 --> 00:03:28,457
You know, Bill,
I get your point.
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00:03:28,541 --> 00:03:31,001
But we are in the war room
right now.
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00:03:31,085 --> 00:03:32,503
And it seems none
of you guys want to go to war,
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00:03:32,587 --> 00:03:34,421
but that's what this is.
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00:03:34,505 --> 00:03:35,840
And you don't get it done
with milk and cookies.
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00:03:35,924 --> 00:03:37,299
You're quoting
Bobby Knight at me?
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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.
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00:03:45,225 --> 00:03:46,892
Uber right now
is like Google was
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00:03:46,976 --> 00:03:48,644
at the dawn of search.
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00:03:48,728 --> 00:03:50,729
One entrant in a crowded pool.
What did Google do?
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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.
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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.
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00:04:24,305 --> 00:04:25,890
Okay, right, so my...
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00:04:25,974 --> 00:04:28,684
My dad and Cory and me
were sitting there
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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
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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.
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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,
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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,
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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
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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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