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Previously on Super Pumped...
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He's just gonna see
a guy in his lame jeans
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00:00:05,130 --> 00:00:06,631
and these fucking shoes.
4
00:00:06,673 --> 00:00:08,174
Yeah, he'll see
you're a dung-colored man.
5
00:00:08,216 --> 00:00:10,468
Your ideas will matter.
Not your clothes.
6
00:00:10,510 --> 00:00:12,429
-He'll see that.
-Grow or die.
7
00:00:12,470 --> 00:00:14,097
-Full access card?
-You come and go
8
00:00:14,139 --> 00:00:15,348
at Uber cab as you please.
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00:00:15,390 --> 00:00:16,516
-One of us?
-Full access.
10
00:00:16,558 --> 00:00:18,143
Nice.
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00:00:18,184 --> 00:00:20,687
Boom! You just got
grey-balled, motherfucker!
12
00:00:20,729 --> 00:00:23,064
[clapping and cheering]
13
00:00:23,106 --> 00:00:24,733
-Is this illegal?
-[laughing]
14
00:00:24,774 --> 00:00:27,527
VCs have a purpose other
than just writing a check.
15
00:00:27,569 --> 00:00:29,237
I have a purpose.
16
00:00:29,279 --> 00:00:31,740
Advising, vision shaping.
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00:00:31,781 --> 00:00:33,366
Really? You're not owed
18
00:00:33,408 --> 00:00:35,243
anything except a return,
which I will give you.
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00:00:35,285 --> 00:00:36,703
I'm the one who put you in here,
20
00:00:36,745 --> 00:00:38,079
I'm the one
who can take you out, too.
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00:00:38,121 --> 00:00:40,040
I say we keep
Bill close for now.
22
00:00:40,081 --> 00:00:41,833
But you keep
doing what you're doing.
23
00:00:41,875 --> 00:00:43,001
We're killing it.
24
00:00:43,043 --> 00:00:44,711
-TK, this is...
-Gabi Holzwarth.
25
00:00:44,753 --> 00:00:46,546
-What did you say to her?
-I told her she needed to meet
26
00:00:46,588 --> 00:00:48,381
the next Jeff Bezos.
27
00:00:48,423 --> 00:00:49,883
Hi, what made you choose Lyft
instead of Uber?
28
00:00:49,924 --> 00:00:51,259
It's so much cheaper,
29
00:00:51,301 --> 00:00:52,761
and the drivers
are super friendly.
30
00:00:52,802 --> 00:00:54,596
We make more money.
And we get tips.
31
00:00:54,637 --> 00:00:58,892
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.
33
00:02:06,000 --> 00:02:09,796
, Everyone's a critic
Looking back up the river
34
00:02:09,838 --> 00:02:12,215
Every boat is leaking
In this town
35
00:02:14,092 --> 00:02:15,760
But I found my place
36
00:02:15,802 --> 00:02:17,804
And it's all right
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00:02:17,846 --> 00:02:21,391
I got my own way to believe
38
00:02:21,432 --> 00:02:23,560
It's okay
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00:02:23,601 --> 00:02:26,813
Mine is mine and yours
Won't take its place
40
00:02:26,855 --> 00:02:30,316
Now, make your getaway
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00:02:30,358 --> 00:02:33,361
We had 93% of the market
on lock.
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00:02:33,403 --> 00:02:35,029
We invented this shit.
43
00:02:35,071 --> 00:02:37,031
But now, look at heaven.
44
00:02:37,073 --> 00:02:38,867
Look at what it's telling us.
45
00:02:38,908 --> 00:02:40,702
Our first-mover advantage
is dimming.
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00:02:40,743 --> 00:02:42,036
And what's taking it?
47
00:02:42,078 --> 00:02:44,038
Lyft.
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00:02:44,080 --> 00:02:47,333
John fucking Zimmer?
49
00:02:47,375 --> 00:02:50,545
This guy's been drafting on our
speed the whole Tour de France.
50
00:02:50,587 --> 00:02:52,172
He's always been behind us,
51
00:02:52,213 --> 00:02:53,673
and now he's gonna pretend
like he's winning?
52
00:02:53,715 --> 00:02:55,508
I'm the one in the yellow
fucking jersey.
53
00:02:55,550 --> 00:02:57,886
We need to just knock
these assholes off the road.
54
00:02:57,927 --> 00:02:59,971
Are the drivers
the assholes or--?
55
00:03:00,013 --> 00:03:01,681
Lyft, fucker. Lyft.
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00:03:01,723 --> 00:03:03,224
I am being cucked now.
What are we doing about it?
57
00:03:07,520 --> 00:03:10,190
Well, the drivers
like the optionality.
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00:03:10,231 --> 00:03:11,691
[Hendricks] We can't stop
our guys from double-apping
59
00:03:11,733 --> 00:03:13,026
and driving for both.
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00:03:13,067 --> 00:03:15,820
We should just buy Lyft.
Absorb them.
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00:03:15,862 --> 00:03:17,447
We don't have
the war chest for that.
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00:03:17,488 --> 00:03:19,449
-Okay, let's get it.
-[Gurley] Look, who cares
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00:03:19,490 --> 00:03:21,534
about John Zimmer's
little rideshare company?
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00:03:21,576 --> 00:03:23,286
You've got a powerful brand.
Build it.
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00:03:23,328 --> 00:03:24,537
Keep your focus on that.
66
00:03:24,579 --> 00:03:26,372
Stop obsessing over Lyft.
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00:03:26,414 --> 00:03:28,499
You know, Bill,
I get your point.
68
00:03:28,541 --> 00:03:31,044
But we are in the war room
right now.
69
00:03:31,085 --> 00:03:32,545
And it seems none
of you guys want to go to war,
70
00:03:32,587 --> 00:03:34,464
but that's what this is.
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00:03:34,505 --> 00:03:35,882
And you don't get it done
with milk and cookies.
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00:03:35,924 --> 00:03:37,342
You're quoting
Bobby Knight at me?
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00:03:37,383 --> 00:03:40,261
-Nice.
-Look, you are so fucking good,
74
00:03:40,303 --> 00:03:43,848
but this isn't zero-sum
like a basketball game is.
75
00:03:43,890 --> 00:03:45,183
That's exactly what it is.
76
00:03:45,225 --> 00:03:46,935
Uber right now
is like Google was
77
00:03:46,976 --> 00:03:48,686
at the dawn of search.
78
00:03:48,728 --> 00:03:50,772
One entrant in a crowded pool.
What did Google do?
79
00:03:50,813 --> 00:03:52,065
They flattened
their competitors,
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00:03:52,106 --> 00:03:53,858
and now they're fucking Google.
81
00:03:53,900 --> 00:03:55,902
Google did it by being better,
not by being Al Capone.
82
00:03:55,944 --> 00:03:57,111
"Don't be evil" ring a bell?
83
00:03:57,153 --> 00:03:58,863
Yeah. Tell that to AltaVista.
84
00:04:02,325 --> 00:04:04,369
It's funny you say Capone,
though.
85
00:04:04,410 --> 00:04:08,498
I remember my parents
never wanted to get us cable
86
00:04:08,539 --> 00:04:09,916
because they thought
we were just, like,
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00:04:09,958 --> 00:04:11,584
watching MTV all day
or something.
88
00:04:11,626 --> 00:04:14,170
But then eventually they caved
when I was, like, seven.
89
00:04:14,212 --> 00:04:17,715
And the first weekend we had it,
90
00:04:17,757 --> 00:04:20,760
my dad found The Untouchables,
91
00:04:20,802 --> 00:04:22,929
because he thought it was like
history or something.
92
00:04:22,971 --> 00:04:24,264
Because, you know, it is.
93
00:04:24,305 --> 00:04:25,932
Okay, right, so my--
94
00:04:25,974 --> 00:04:28,726
My dad and Cory and me
were sitting there
95
00:04:28,768 --> 00:04:31,104
watching this, like,
history lesson.
96
00:04:31,145 --> 00:04:32,689
I'd have started you
on The Dirty Dozen,
97
00:04:32,730 --> 00:04:34,107
like my dad did me, but sure.
98
00:04:34,148 --> 00:04:36,484
Okay, but De Niro as Capone.
99
00:04:39,904 --> 00:04:43,616
That banquet scene with the bat.
100
00:04:43,658 --> 00:04:46,744
Capone was just like, walking...
101
00:04:46,786 --> 00:04:48,788
talking, and then bam!
102
00:04:48,830 --> 00:04:50,456
Fucking brains that guy.
103
00:04:50,498 --> 00:04:51,791
That shit changed me.
104
00:04:51,833 --> 00:04:53,126
I felt like my skull
105
00:04:53,167 --> 00:04:55,003
that just got hit with a bat.
106
00:04:55,044 --> 00:04:56,629
I couldn't sleep for, like,
a week.
107
00:04:56,671 --> 00:04:58,131
I felt horrible for the guy.
108
00:04:58,172 --> 00:04:59,465
I mean,
he just gets brained at dinner.
109
00:04:59,507 --> 00:05:02,510
But I saw the point.
110
00:05:03,678 --> 00:05:05,221
He had it coming.
111
00:05:05,263 --> 00:05:06,639
Uh, I don't know if he did.
112
00:05:06,681 --> 00:05:07,932
That's not important.
113
00:05:07,974 --> 00:05:10,268
The point is, that shit worked.
114
00:05:10,310 --> 00:05:13,062
You crack a guy's cranium open
115
00:05:13,104 --> 00:05:14,689
between the soup
and the fish dish?
116
00:05:14,731 --> 00:05:17,734
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.
118
00:05:21,029 --> 00:05:22,530
That is what needs
to happen here.
119
00:05:24,615 --> 00:05:26,617
Just to clarify,
120
00:05:26,659 --> 00:05:29,537
you want to beat the drivers
into submission?
121
00:05:30,788 --> 00:05:32,457
I want to win.
122
00:05:32,498 --> 00:05:33,624
And disloyalty,
123
00:05:33,666 --> 00:05:35,626
however it shows its face,
124
00:05:35,668 --> 00:05:37,670
that needs to be punished.
125
00:05:37,712 --> 00:05:39,672
Well, we're not the Mob, though.
126
00:05:39,714 --> 00:05:43,343
Okay, but if you don't want to
own this whole fucking business,
127
00:05:43,384 --> 00:05:46,679
like it's prohibition and we're
the only ones making gin,
128
00:05:46,721 --> 00:05:48,848
then why are we here?
129
00:05:50,933 --> 00:05:52,685
[Gabi] You threatened them
with a baseball bat?
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00:05:52,727 --> 00:05:55,188
No, not them... exactly.
131
00:05:55,229 --> 00:05:56,814
It was a meta--
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00:05:58,107 --> 00:05:59,317
What I'm saying is,
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00:05:59,359 --> 00:06:02,028
sometimes fear works.
134
00:06:04,155 --> 00:06:05,823
Not that it-- I don't know.
135
00:06:05,865 --> 00:06:06,991
I don't know what I'm saying.
136
00:06:07,033 --> 00:06:10,453
You make me nervous.
137
00:06:10,495 --> 00:06:13,873
No, I don't,
but it's a good line.
138
00:06:13,915 --> 00:06:16,501
[chuckles]
Every once in a while.
139
00:06:19,087 --> 00:06:21,923
So tell me about the violin.
140
00:06:24,926 --> 00:06:26,219
[sighs]
141
00:06:26,260 --> 00:06:29,555
I guess I didn't know
142
00:06:29,597 --> 00:06:31,974
that I really wanted
to play at first.
143
00:06:32,016 --> 00:06:33,643
It felt like homework.
144
00:06:33,684 --> 00:06:36,687
And eventually,
it became my best friend.
145
00:06:36,729 --> 00:06:40,525
Plus, playing, you burn almost
200 calories an hour.
146
00:06:40,566 --> 00:06:42,652
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 --> 00:06:52,245
Maybe that I'm surprised
that we're here together.
149
00:06:52,286 --> 00:06:53,996
When we met,
we spoke so briefly.
150
00:06:54,038 --> 00:06:57,041
I didn't know what you thought.
151
00:06:57,083 --> 00:06:58,751
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 --> 00:07:04,006
No, you weren't.
154
00:07:04,048 --> 00:07:05,133
But it's a good line.
155
00:07:05,174 --> 00:07:06,676
[chuckles]
156
00:07:06,717 --> 00:07:08,261
-Every once in a while.
-Uh-huh.
157
00:07:08,302 --> 00:07:09,512
[laughs]
158
00:07:09,554 --> 00:07:10,596
Here you are.
159
00:07:10,638 --> 00:07:11,931
Thank you.
160
00:07:13,182 --> 00:07:15,226
So, what do you play
161
00:07:15,268 --> 00:07:18,104
to burn off the best meal
in the Bay Area?
162
00:07:21,357 --> 00:07:23,276
Uh...
163
00:07:23,317 --> 00:07:24,986
"Sibelius," probably.
164
00:07:25,027 --> 00:07:27,196
The concerto in D minor
if we're having dessert.
165
00:07:27,238 --> 00:07:28,573
[laughs]
166
00:07:28,614 --> 00:07:30,408
Okay, hold on,
I need the full download
167
00:07:30,450 --> 00:07:32,118
on everything
I need to listen to
168
00:07:32,160 --> 00:07:34,745
so I can know how great you are.
169
00:07:34,787 --> 00:07:36,622
Thank God for Ek.
170
00:07:36,664 --> 00:07:38,124
Ek?
171
00:07:38,166 --> 00:07:40,543
Yeah. Ek is a founder, like me.
172
00:07:40,585 --> 00:07:43,421
I actually tried to crack
this space with the company,
173
00:07:43,463 --> 00:07:44,797
but Ek did it.
174
00:07:44,839 --> 00:07:47,049
It's Spotify.
See, look, you just, uh,
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00:07:47,091 --> 00:07:49,635
put in everything there
that I need to listen to.
176
00:08:00,104 --> 00:08:01,564
I can tell you're thinking hard.
177
00:08:01,606 --> 00:08:02,982
[laughs]
178
00:08:03,024 --> 00:08:04,525
It's important.
179
00:08:06,777 --> 00:08:08,571
What are you doing?
180
00:08:08,613 --> 00:08:11,157
I'm just putting in a code
to give you free Uber.
181
00:08:13,659 --> 00:08:14,952
I prefer Lyft.
182
00:08:17,038 --> 00:08:19,332
[snickers]
183
00:08:19,373 --> 00:08:21,501
-Careful.
-[giggling]
184
00:08:26,214 --> 00:08:27,507
Come on in.
185
00:08:29,133 --> 00:08:32,178
Sorry, I've, uh,
sort of been in work mode.
186
00:08:36,057 --> 00:08:37,350
I've seen worse.
187
00:08:38,726 --> 00:08:40,561
I call this place my Jam Pad.
188
00:08:43,231 --> 00:08:45,024
I think I'll kiss you anyway.
189
00:08:45,066 --> 00:08:46,567
[laughs]
190
00:09:01,207 --> 00:09:03,292
[seagulls squawking]
191
00:09:06,879 --> 00:09:08,714
[Tarantino]
Portrait of a man at war.
192
00:09:08,756 --> 00:09:11,300
Yeah, that's great. Nice.
193
00:09:11,342 --> 00:09:12,802
Well, I'm not at war.
194
00:09:12,843 --> 00:09:14,053
I'm sitting in
a booth somewhere
195
00:09:14,095 --> 00:09:15,680
telling you about this guy
196
00:09:15,721 --> 00:09:19,308
who is, in fact,
very much at fucking war.
197
00:09:19,350 --> 00:09:20,893
Are we doing it?
198
00:09:20,935 --> 00:09:23,271
We're doing it.
199
00:09:23,312 --> 00:09:25,815
They say good wars,
winnable ones,
200
00:09:25,856 --> 00:09:28,568
are fought on a single front.
201
00:09:28,609 --> 00:09:31,904
But what if you have to win
on all the fucking fronts?
202
00:09:31,946 --> 00:09:34,574
New plan. We're gonna step up
the information technology
203
00:09:34,615 --> 00:09:36,659
on our drivers.
204
00:09:36,701 --> 00:09:39,370
You mean surveillance.
205
00:09:39,412 --> 00:09:40,746
We don't have to use words
like that.
206
00:09:55,970 --> 00:09:57,597
-Hello.
-Hey, there.
207
00:10:07,732 --> 00:10:10,276
So, uh, you like driving?
208
00:10:10,318 --> 00:10:11,569
It's a good way to meet people.
209
00:10:11,611 --> 00:10:13,362
Yeah, I bet.
210
00:10:13,404 --> 00:10:15,281
And, uh, San Francisco,
211
00:10:15,323 --> 00:10:17,950
you probably get
a lot of crazies, huh?
212
00:10:21,495 --> 00:10:23,122
You think we can modify
having to figure out
213
00:10:23,164 --> 00:10:24,999
who the double-appers are?
214
00:10:25,041 --> 00:10:26,459
Snoop around
in our drivers' phones,
215
00:10:26,500 --> 00:10:28,461
see if they ever used
the Lyft app.
216
00:10:28,502 --> 00:10:30,171
Might be doable.
217
00:10:30,212 --> 00:10:31,672
Might cross the line.
218
00:10:33,883 --> 00:10:36,844
Might be a good time to consider
the business you've chosen.
219
00:10:41,974 --> 00:10:43,976
[typing]
220
00:10:45,853 --> 00:10:48,272
And what if it's not
a finite war,
221
00:10:48,314 --> 00:10:50,650
but a forever war?
222
00:10:50,691 --> 00:10:52,860
Well, then you do
what you have to,
223
00:10:52,902 --> 00:10:55,363
and anyone calls you out
on the morality,
224
00:10:55,404 --> 00:10:57,365
that motherfucker
is either a child, an enemy,
225
00:10:57,406 --> 00:10:58,824
or a fucking traitor.
226
00:10:58,866 --> 00:11:02,828
So I see you have both logos
and both apps.
227
00:11:02,870 --> 00:11:06,791
But you're not more
of a Lyft guy, are you?
228
00:11:06,832 --> 00:11:09,669
Just asking, because I happen
to know that Uber
229
00:11:09,710 --> 00:11:14,382
has some very special incentives
coming online right now.
230
00:11:18,219 --> 00:11:19,762
[laughs]
231
00:11:19,804 --> 00:11:20,888
Okay, okay, hold on.
232
00:11:24,350 --> 00:11:26,477
-Halas.
-You quit?
233
00:11:26,519 --> 00:11:28,187
I quit Lyft.
234
00:11:28,229 --> 00:11:31,357
The bonuses Uber is offering,
you have no idea.
235
00:11:31,399 --> 00:11:34,068
We are thrilled to have you
exclusive to Uber.
236
00:11:34,110 --> 00:11:35,653
-Twenty dollars a mile?
-Yeah.
237
00:11:35,695 --> 00:11:37,571
And the price for the rider
stays the same.
238
00:11:37,613 --> 00:11:40,825
We just appreciate your loyalty.
239
00:11:40,866 --> 00:11:44,036
And, uh, tell all your friends,
okay?
240
00:11:44,078 --> 00:11:46,372
So they are
just giving away money?
241
00:11:46,414 --> 00:11:48,249
No, no, no, habiti.
242
00:11:48,290 --> 00:11:50,876
They're giving away money to us.
243
00:11:50,918 --> 00:11:52,503
It's very different.
244
00:11:54,255 --> 00:11:56,549
[Travis, laughing]
Fucking work-life balance.
245
00:11:56,590 --> 00:11:58,300
If I hear those
three words again...
246
00:12:00,261 --> 00:12:01,887
-What's up?
-We can find them now,
247
00:12:01,929 --> 00:12:04,056
the double-appers.
Pretty soon, anyway.
248
00:12:04,098 --> 00:12:06,058
We won't have to go one by one
from the field.
249
00:12:06,100 --> 00:12:07,977
We can do it all from here.
250
00:12:08,018 --> 00:12:09,895
And they'll never know
we're scanning their phones?
251
00:12:09,937 --> 00:12:12,148
Hold on, well,
if we can get in their phones,
252
00:12:12,189 --> 00:12:13,691
we can turn on the mics
and the cameras.
253
00:12:13,733 --> 00:12:15,735
We can find out
who's taking Lyft?
254
00:12:15,776 --> 00:12:17,236
Can.
255
00:12:17,278 --> 00:12:18,696
Not sure I'd want
to see what happens
256
00:12:18,738 --> 00:12:20,072
in the back of those cars.
257
00:12:21,741 --> 00:12:24,118
[crying]
258
00:12:29,123 --> 00:12:31,125
-She's the prettier one.
-Yeah, I know.
259
00:12:31,167 --> 00:12:32,293
Look, I can't help it.
260
00:12:32,334 --> 00:12:34,420
You are insecure
about this shit.
261
00:12:34,462 --> 00:12:35,921
What am I supposed to say?
262
00:12:35,963 --> 00:12:38,382
No, you look like shit
in that bikini?
263
00:12:46,474 --> 00:12:48,100
Oh, it's all right
264
00:12:48,142 --> 00:12:50,144
It's all right
265
00:12:50,186 --> 00:12:51,812
Sometimes I wish you were dead.
266
00:12:51,854 --> 00:12:54,106
Great. Fucking wonder--
you know what?
267
00:12:54,148 --> 00:12:55,983
Sometimes,
I wish I was dead too.
268
00:12:56,025 --> 00:12:57,276
[mumbling]
269
00:12:57,318 --> 00:12:58,944
[all] Oh!
270
00:12:58,986 --> 00:13:00,362
Dude!
271
00:13:00,404 --> 00:13:01,697
[laughs]
272
00:13:01,739 --> 00:13:05,201
Whoa, shake that thing now
273
00:13:05,242 --> 00:13:07,453
- Shake that thing
- Baby, shake that thing now
274
00:13:07,495 --> 00:13:09,455
Shake that thing
Baby, shake that thing
275
00:13:09,497 --> 00:13:12,124
Austin sent out street teams to
request and cancel Lyft rides,
276
00:13:12,166 --> 00:13:13,751
which peels off
some of the drivers.
277
00:13:13,793 --> 00:13:15,961
Now, this is the same idea,
just less analog.
278
00:13:16,003 --> 00:13:17,963
Let's go. By the way,
did she move to the regulators?
279
00:13:18,005 --> 00:13:19,632
Yep.
280
00:13:19,673 --> 00:13:21,300
[Tarantino]
So now you got your espionage
281
00:13:21,342 --> 00:13:24,136
with a solid helping
of clandestine attacks.
282
00:13:24,178 --> 00:13:26,305
And then, of course,
283
00:13:26,347 --> 00:13:27,807
you've got your frontal attack.
284
00:13:27,848 --> 00:13:30,601
-Miss Geidt.
-My team took 20 Lyft rides
285
00:13:30,643 --> 00:13:32,770
over the past 24 hours,
286
00:13:32,812 --> 00:13:36,148
which means we got in the back
of Class C licensed vehicles,
287
00:13:36,190 --> 00:13:39,819
driven by regular
old civilians for Lyft.
288
00:13:39,860 --> 00:13:42,154
Well, unless you were
forced by gunpoint, I don't--
289
00:13:42,196 --> 00:13:44,573
Just wondering when you're gonna
start enforcing the law.
290
00:13:47,743 --> 00:13:51,997
We are monitoring the situation
very closely.
291
00:13:52,039 --> 00:13:54,583
Yeah, I can tell.
292
00:13:56,710 --> 00:14:00,047
The thing is, we care too much
about passenger safety
293
00:14:00,089 --> 00:14:03,133
to let Betty the soccer mom
turn her Prius into a cab
294
00:14:03,175 --> 00:14:04,969
to pay for her Vicodin habit,
295
00:14:05,010 --> 00:14:07,555
but you've got us
considering it.
296
00:14:07,596 --> 00:14:12,142
Well, I will certainly alert
the soccer moms ASAP.
297
00:14:12,184 --> 00:14:14,937
Though I have a feeling...
298
00:14:14,979 --> 00:14:17,106
the drivers aren't
the middle-aged,
299
00:14:17,147 --> 00:14:19,275
drug-addled dilettantes
you're conjuring,
300
00:14:19,316 --> 00:14:22,820
but more the working poor
who are busting their heinies
301
00:14:22,862 --> 00:14:25,030
hustling to fill in the blanks
302
00:14:25,072 --> 00:14:28,701
so that maybe they can get
a decent meal for their kids.
303
00:14:28,742 --> 00:14:32,037
Not so much to buy
a few more Norcos.
304
00:14:32,079 --> 00:14:33,581
[scoffs]
305
00:14:34,748 --> 00:14:36,458
This goes one of two ways.
306
00:14:36,500 --> 00:14:38,711
You start enforcing the laws
on Lyft,
307
00:14:38,752 --> 00:14:41,505
or we have justification
to break those same laws.
308
00:14:41,547 --> 00:14:45,384
And once we start,
we won't stop like Lestat
309
00:14:45,426 --> 00:14:46,719
after a taste of blood,
310
00:14:46,760 --> 00:14:49,179
or teenage boys with YouPorn.
311
00:14:52,141 --> 00:14:53,851
Do me a favor.
312
00:14:53,893 --> 00:14:58,272
Wait five minutes before
you call Zimmer to tell him.
313
00:14:58,314 --> 00:15:00,691
[Tarantino] So now they know
you're after them,
314
00:15:00,733 --> 00:15:02,693
and that you have
your forces mobilizing.
315
00:15:02,735 --> 00:15:05,779
[Gurley] Wars are expensive,
and this one's no different.
316
00:15:05,821 --> 00:15:07,781
These driver incentives
are getting very pricey.
317
00:15:07,823 --> 00:15:10,743
-You're still with me on this?
-In theory, absolutely.
318
00:15:10,784 --> 00:15:13,287
It'd be damn nice
to take out Lyft.
319
00:15:13,329 --> 00:15:16,040
But in practice,
we may be financing something
320
00:15:16,081 --> 00:15:18,292
that only ends
in a bloody stalemate.
321
00:15:20,961 --> 00:15:24,089
We think it's time for a raise
round to fill the coffers.
322
00:15:24,131 --> 00:15:26,175
-[Fenton] A road show.
-[Travis] Oh, no, no.
323
00:15:26,216 --> 00:15:28,594
I need to be at the conn,
not out begging for capital
324
00:15:28,636 --> 00:15:31,096
-we don't actively need.
-Show him the list.
325
00:15:35,225 --> 00:15:37,186
We raise enough money
to actually beat Lyft
326
00:15:37,227 --> 00:15:39,438
instead of pissing away money
pissing them off.
327
00:15:39,480 --> 00:15:42,608
Kleiner, Excel,
TPG and Greylock.
328
00:15:42,650 --> 00:15:45,527
This is a little anemic,
don't you think?
329
00:15:45,569 --> 00:15:47,446
No.
330
00:15:47,488 --> 00:15:50,449
That is spinach
and prime USDA beef right there.
331
00:15:50,491 --> 00:15:52,117
[chuckles]
332
00:15:52,159 --> 00:15:56,080
$350 million on the table
if you close all those.
333
00:15:56,121 --> 00:15:58,290
What about Google Ventures?
334
00:16:01,752 --> 00:16:03,170
Well, they haven't raised
their hand yet.
335
00:16:03,212 --> 00:16:04,797
Well, make them
raise their hand.
336
00:16:04,838 --> 00:16:06,590
That's your special talent
right? You're Bill Gurley.
337
00:16:06,632 --> 00:16:08,801
Truth is, I don't want them to.
Not at the moment yet.
338
00:16:08,842 --> 00:16:10,511
I do.
339
00:16:10,552 --> 00:16:13,222
David Drummond and Google
Ventures rolls in?
340
00:16:13,263 --> 00:16:15,516
Come on, we're minted. That
sends a message to the valley.
341
00:16:15,557 --> 00:16:17,101
The whole business world.
That we're special.
342
00:16:17,142 --> 00:16:19,812
That we're not Lyft.
343
00:16:19,853 --> 00:16:21,814
Here's how Google rolls.
344
00:16:21,855 --> 00:16:23,649
They're going to insist
on being your lead investor
345
00:16:23,691 --> 00:16:25,317
on the first round.
346
00:16:25,359 --> 00:16:27,486
They'll limit their spend
to $100 million tops.
347
00:16:27,528 --> 00:16:29,113
That's all they'll shoot
their first hand.
348
00:16:29,154 --> 00:16:31,991
Stops everyone else
from going beyond that.
349
00:16:32,032 --> 00:16:34,910
They will bigfoot you,
they will lowball you,
350
00:16:34,952 --> 00:16:36,537
and you'll be screwed.
351
00:16:38,038 --> 00:16:39,790
You ever been to a rodeo?
352
00:16:39,832 --> 00:16:41,333
[chuckles]
353
00:16:41,375 --> 00:16:43,168
Went to a pie-eating contest
once.
354
00:16:43,210 --> 00:16:45,295
I got messy and sick, but I won.
355
00:16:45,337 --> 00:16:47,589
Yeah, well, at a rodeo,
356
00:16:47,631 --> 00:16:49,174
all the young riders,
357
00:16:49,216 --> 00:16:51,510
they always want to climb
onto the rankest bull
358
00:16:51,552 --> 00:16:53,345
to, you know, prove themselves,
359
00:16:53,387 --> 00:16:56,890
but it's best to get yourself
seasoned first,
360
00:16:56,932 --> 00:16:59,143
because bull's always
gonna be there.
361
00:16:59,184 --> 00:17:02,104
But you ride too soon,
you might not be.
362
00:17:02,146 --> 00:17:03,939
[Travis]
And if I finish the ride
363
00:17:03,981 --> 00:17:05,315
and I win the big shiny
belt buckle,
364
00:17:05,357 --> 00:17:06,859
then I'm a legend, right?
365
00:17:06,900 --> 00:17:08,527
So I'm not seeing the downside.
366
00:17:08,569 --> 00:17:10,571
Word gets around
that they turned you down.
367
00:17:10,612 --> 00:17:13,657
It will snuff a lot
of possibilities, Travis.
368
00:17:13,699 --> 00:17:15,159
TPG, others on that list.
369
00:17:15,200 --> 00:17:16,827
It starts a trend.
370
00:17:16,869 --> 00:17:18,996
And word always gets around.
371
00:17:25,169 --> 00:17:27,504
Pretty good list, TK.
372
00:17:27,546 --> 00:17:29,173
And you know we'll kill it.
373
00:17:36,221 --> 00:17:38,390
All right, fine. Road show.
374
00:17:38,432 --> 00:17:40,517
Let's book it.
375
00:17:40,559 --> 00:17:42,478
All right then.
376
00:17:46,440 --> 00:17:47,775
Open it.
377
00:17:48,734 --> 00:17:50,235
What is this?
378
00:17:53,113 --> 00:17:56,909
[gasps] Oh, shit.
379
00:17:56,950 --> 00:17:58,535
What-- what made you do this--?
380
00:17:58,577 --> 00:17:59,912
You said that
you're doing a road show,
381
00:17:59,953 --> 00:18:02,372
so you got to look, you know...
382
00:18:02,414 --> 00:18:04,208
Yeah.
383
00:18:04,249 --> 00:18:06,043
So I'm not a dun-colored mare?
384
00:18:09,296 --> 00:18:12,341
It's, uh, Salinger.
385
00:18:12,382 --> 00:18:14,927
Oh, I didn't like
Catcher in the Rye.
386
00:18:14,968 --> 00:18:17,179
It was overrated to me,
so I skipped the others.
387
00:18:17,221 --> 00:18:18,764
Worth it?
388
00:18:20,265 --> 00:18:22,142
Uh, yeah.
389
00:18:22,184 --> 00:18:24,561
I mean, I guess.
390
00:18:24,603 --> 00:18:28,273
But thank you so much
for the shoes.
391
00:18:28,315 --> 00:18:30,442
It's so sweet of you.
392
00:18:31,985 --> 00:18:33,320
You're welcome.
393
00:19:14,945 --> 00:19:16,697
[beeping]
394
00:19:27,249 --> 00:19:29,126
[computer chiming]
395
00:19:31,253 --> 00:19:32,588
Hey.
396
00:19:32,629 --> 00:19:35,257
Hey. You okay?
397
00:19:35,299 --> 00:19:39,011
Yeah, you know,
you left these Polaroids
398
00:19:39,052 --> 00:19:40,929
from the Tahoe trip?
399
00:19:40,971 --> 00:19:43,891
Yeah. You can keep them
if you want.
400
00:19:44,892 --> 00:19:46,768
Okay, well...
401
00:19:46,810 --> 00:19:49,897
also, they're here
if you want them.
402
00:19:51,732 --> 00:19:53,483
It's a pretty awesome trip.
403
00:19:53,525 --> 00:19:55,360
You called to talk
about traveling?
404
00:19:59,198 --> 00:20:00,657
We're doing a road show.
405
00:20:00,699 --> 00:20:03,035
Or I said I would do it,
406
00:20:03,076 --> 00:20:04,870
but I think I could
probably walk it back.
407
00:20:04,912 --> 00:20:06,455
Why would you?
408
00:20:08,749 --> 00:20:10,375
Zimmer's gonna find out
about it,
409
00:20:10,417 --> 00:20:12,169
and he'll know I need money
to beat him.
410
00:20:12,211 --> 00:20:13,879
It just feels weak.
411
00:20:15,756 --> 00:20:19,218
You don't like asking for money,
because it makes you feel needy.
412
00:20:19,259 --> 00:20:22,721
And you don't want to need
anything from anybody.
413
00:20:23,805 --> 00:20:27,059
But tell yourself this.
414
00:20:27,100 --> 00:20:31,355
Soon enough, you'll never have
to ask for anything ever again.
415
00:20:31,396 --> 00:20:32,731
And you know when that is.
416
00:20:32,773 --> 00:20:34,066
After this round,
417
00:20:34,107 --> 00:20:35,692
this meeting, this money close.
418
00:20:35,734 --> 00:20:37,402
Yeah, I can't wait for that.
419
00:20:37,444 --> 00:20:38,904
This is your ticket.
420
00:20:38,946 --> 00:20:40,739
And it's not a scratch-off.
421
00:20:40,781 --> 00:20:42,449
You already have the magic
numbers in your head.
422
00:20:42,491 --> 00:20:44,076
You know what to fill out.
423
00:20:44,117 --> 00:20:45,869
But you need to get
the guy to hand it to you.
424
00:20:47,120 --> 00:20:49,248
Yeah, exactly.
425
00:20:49,289 --> 00:20:52,125
See? As usual.
426
00:20:52,167 --> 00:20:53,919
[laughs] Exactly.
427
00:21:00,926 --> 00:21:02,219
How are you?
428
00:21:02,261 --> 00:21:04,596
New place okay?
429
00:21:05,472 --> 00:21:07,099
Yeah, it's great.
430
00:21:07,140 --> 00:21:09,393
Uh, would have loved
something a little bigger.
431
00:21:09,434 --> 00:21:11,270
Wow, subtle.
432
00:21:11,311 --> 00:21:13,105
What?
433
00:21:13,146 --> 00:21:15,190
I don't know, you're telling me
to convince people
434
00:21:15,232 --> 00:21:16,733
to put money into Uber,
435
00:21:16,775 --> 00:21:18,610
but then you want me
to take money out of Uber
436
00:21:18,652 --> 00:21:21,238
and sell some of my shares
so I can pay you.
437
00:21:21,280 --> 00:21:22,948
Don't. Fucking don't.
438
00:21:22,990 --> 00:21:26,285
I'm just saying-- look, you--
you told me to stay here.
439
00:21:26,326 --> 00:21:27,828
You said you wanted
to find a new spot.
440
00:21:27,869 --> 00:21:29,955
-You said you would buy me out.
-I will.
441
00:21:29,997 --> 00:21:33,292
Okay, so stop accusing me
of being some kind of Valkyrie.
442
00:21:38,171 --> 00:21:39,464
I should go.
443
00:21:39,506 --> 00:21:40,841
Whoa, whoa, whoa.
444
00:21:40,882 --> 00:21:42,426
You're gonna leave it like that?
445
00:21:42,467 --> 00:21:44,011
Do you want
to consider for a second
446
00:21:44,052 --> 00:21:45,804
you just got into my head
right now?
447
00:21:45,846 --> 00:21:47,431
You're like Lancaster Dodd
from the fucking Master.
448
00:21:47,472 --> 00:21:49,683
Travis, you're no Freddie Quell.
449
00:21:49,725 --> 00:21:51,518
You can handle this
without making yourself
450
00:21:51,560 --> 00:21:52,978
a torpedo juice cocktail.
451
00:21:53,020 --> 00:21:54,980
-Okay, fine.
-Hey...
452
00:21:58,692 --> 00:22:00,819
you're going to be great
at this.
453
00:22:00,861 --> 00:22:02,612
I promise.
454
00:22:02,654 --> 00:22:04,406
You can do this.
455
00:22:07,159 --> 00:22:08,660
Thank you.
456
00:22:12,456 --> 00:22:13,749
[computer chimes]
457
00:22:21,381 --> 00:22:22,758
Here you go, guys.
458
00:22:22,799 --> 00:22:24,343
[Travis] Thank you.
459
00:22:24,384 --> 00:22:25,677
Thanks.
460
00:22:25,719 --> 00:22:27,554
Here.
461
00:22:36,855 --> 00:22:38,774
Kalanick, right?
462
00:22:41,526 --> 00:22:43,695
Emil Michael.
463
00:22:43,737 --> 00:22:45,364
And you guys are...?
464
00:22:45,405 --> 00:22:47,199
InfoVis.
465
00:22:47,240 --> 00:22:48,492
Never heard of it.
466
00:22:48,533 --> 00:22:51,036
B2B.
467
00:22:51,078 --> 00:22:53,705
Crowd analytics.
468
00:22:56,375 --> 00:22:58,168
Hasn't been a great run for us.
469
00:22:58,210 --> 00:23:03,340
That's really surprising given
the confidence you're emanating.
470
00:23:08,095 --> 00:23:10,055
You probably walk in,
and they hand you a check.
471
00:23:10,097 --> 00:23:11,431
[chuckles]
472
00:23:12,933 --> 00:23:14,643
Usually.
473
00:23:16,269 --> 00:23:18,063
You didn't do your homework,
Travis.
474
00:23:18,105 --> 00:23:20,899
-All I do is homework. Come on.
-Regulators, taxicab commissions
475
00:23:20,941 --> 00:23:22,734
are gonna do all they can
to shut you down.
476
00:23:22,776 --> 00:23:24,820
There's not gonna be a problem.
You know I'm a survivor.
477
00:23:24,861 --> 00:23:26,905
At Swoosh you almost
did not survive, man.
478
00:23:26,947 --> 00:23:29,199
-That was ahead of its time.
-I looked at your projections.
479
00:23:29,241 --> 00:23:31,076
You have to spend at least five
times more marketing
480
00:23:31,118 --> 00:23:32,702
just to have anybody
know who you are.
481
00:23:32,744 --> 00:23:34,579
I'm gonna raise all that.
That's gonna be fun.
482
00:23:34,621 --> 00:23:36,248
Yeah, you know how much
fucking money
483
00:23:36,289 --> 00:23:38,208
you're going to have to raise?
You know my rule.
484
00:23:38,250 --> 00:23:40,794
We went through this in
Red Swoosh over and over again.
485
00:23:40,836 --> 00:23:43,088
I am not going to invest in a
company where you have to raise
486
00:23:43,130 --> 00:23:44,756
hundreds of millions of dollars
487
00:23:44,798 --> 00:23:46,425
to do tens of millions
of dollars in revenues.
488
00:23:46,466 --> 00:23:48,427
Bro, we are going to be making
billions of dollars.
489
00:23:48,468 --> 00:23:50,637
This idea is much bigger
than Red Swoosh.
490
00:23:50,679 --> 00:23:53,223
-You know that.
-Billions in revenues, maybe.
491
00:23:53,265 --> 00:23:55,434
But you're going to have
to spend billions of dollars
492
00:23:55,475 --> 00:23:57,436
to get there,
and I'll get diluted to nothing.
493
00:23:57,477 --> 00:23:59,604
I don't-- what's the point
of making an investment
494
00:23:59,646 --> 00:24:02,232
in a company where I put in
a lot of money,
495
00:24:02,274 --> 00:24:03,692
and I end up with zip?
496
00:24:03,733 --> 00:24:05,819
If you pass on this right now,
497
00:24:05,861 --> 00:24:07,737
I'm never coming back to you.
498
00:24:07,779 --> 00:24:10,615
Guess what, Travis. I just did.
499
00:24:14,244 --> 00:24:15,370
[sighs]
500
00:24:17,956 --> 00:24:19,541
[man] Hello, InfoVis.
501
00:24:19,583 --> 00:24:22,210
We are ready to go.
Please follow me.
502
00:24:30,343 --> 00:24:32,387
I told you we came too early.
503
00:24:32,429 --> 00:24:34,222
Yeah, I don't want to rush
and get sweaty.
504
00:24:34,264 --> 00:24:35,724
Some of these places
got leather seats,
505
00:24:35,765 --> 00:24:38,977
and the leather and the sweat...
not a fun combo.
506
00:24:45,317 --> 00:24:47,319
Oh, shit! Sorry.
507
00:24:48,361 --> 00:24:49,821
[laughs]
508
00:24:49,863 --> 00:24:51,281
Travis?
509
00:24:51,323 --> 00:24:53,033
-Zimmer.
-Yeah.
510
00:24:56,036 --> 00:24:57,704
Uh, I know.
511
00:24:57,746 --> 00:24:59,414
But we loved
your campaign that much.
512
00:24:59,456 --> 00:25:02,000
Figure we can't ignore
we're in a dogfight,
513
00:25:02,042 --> 00:25:03,502
might as well lean in.
514
00:25:03,543 --> 00:25:04,753
And the VCs
seem to get it so far.
515
00:25:04,794 --> 00:25:06,087
[Kate] Yeah, my, uh--
516
00:25:06,129 --> 00:25:07,631
my shirt's our closer.
517
00:25:07,672 --> 00:25:09,549
Though I guess technically,
it's your shirt.
518
00:25:09,591 --> 00:25:11,676
-So thank you.
-[both laugh]
519
00:25:11,718 --> 00:25:13,678
Hey, good luck in there.
520
00:25:17,557 --> 00:25:19,351
[Kate]
He's taller than I thought.
521
00:25:28,401 --> 00:25:33,240
I just need to get in your Wi-Fi
and I'll be set.
522
00:25:37,744 --> 00:25:42,123
Travis, Emil, the team and I
are excited you came in.
523
00:25:45,001 --> 00:25:48,713
Yeah, no, I don't think so.
524
00:25:50,840 --> 00:25:52,425
You guys just had
a company in here
525
00:25:52,467 --> 00:25:54,886
I don't even want to be
in the same room with.
526
00:25:54,928 --> 00:25:56,596
I mean, I get it, right?
527
00:25:56,638 --> 00:25:58,890
Companies have to donate
to Republicans and to Democrats
528
00:25:58,932 --> 00:26:01,893
so you're greased in
with whoever wins, but you...
529
00:26:01,935 --> 00:26:03,853
you're VCs.
530
00:26:03,895 --> 00:26:06,147
You're supposed to believe in
the company you put money into,
531
00:26:06,189 --> 00:26:07,816
not just protect yourself
in the possibility
532
00:26:07,857 --> 00:26:09,192
you made the wrong call.
533
00:26:11,778 --> 00:26:16,783
So your pitch is we go with you
or Lyft, but not both?
534
00:26:21,288 --> 00:26:23,790
I'm gonna make it easy for you.
We're done here.
535
00:26:25,917 --> 00:26:27,335
Thanks for the water.
536
00:26:32,090 --> 00:26:34,426
Cancel the meetings.
537
00:26:34,467 --> 00:26:36,469
-Which?
-All of them.
538
00:26:37,470 --> 00:26:40,223
That's fucking genius.
539
00:26:40,265 --> 00:26:41,933
[laughs]
540
00:26:41,975 --> 00:26:43,935
That's fucking insane.
You canceled the road show?
541
00:26:43,977 --> 00:26:46,271
-You don't want to do the raise?
-No, no, no. We're doing it.
542
00:26:46,313 --> 00:26:48,440
Bill, look, it's like,
you ever been to a club?
543
00:26:48,481 --> 00:26:50,942
You know, the velvet rope that
makes everyone want to get in?
544
00:26:50,984 --> 00:26:54,279
So I am a club called Unicorn,
and if investors want in,
545
00:26:54,321 --> 00:26:55,864
they got to get in line.
546
00:26:55,905 --> 00:26:57,782
-[laughs]
-Maybe that stunt
547
00:26:57,824 --> 00:26:59,576
that you pulled
at the VC firm works.
548
00:26:59,618 --> 00:27:01,661
Maybe they want in so bad
they make an offer.
549
00:27:01,703 --> 00:27:03,830
They block out Lyft.
550
00:27:03,872 --> 00:27:06,207
Even so, we still have
to raise the rest.
551
00:27:06,249 --> 00:27:08,209
We're gonna raise the rest,
dude.
552
00:27:08,251 --> 00:27:09,628
We're just gonna do it here.
553
00:27:09,669 --> 00:27:11,129
We're flipping the paradigm.
554
00:27:11,171 --> 00:27:12,922
It's not a road show.
555
00:27:14,924 --> 00:27:17,135
Home show. Home show!
556
00:27:17,177 --> 00:27:19,596
Home show! Come on!
557
00:27:19,638 --> 00:27:22,599
Right?
You're with the insurgents now.
558
00:27:22,641 --> 00:27:23,892
This shouldn't be
fucking with your head.
559
00:27:23,933 --> 00:27:25,810
No, I'm just trying
to figure out
560
00:27:25,852 --> 00:27:28,521
how it is that starving
your own company
561
00:27:28,563 --> 00:27:31,983
is insurgency
and not just a temper tantrum.
562
00:27:32,025 --> 00:27:33,985
-Worked for Gandhi.
-Yeah, well,
563
00:27:34,027 --> 00:27:35,445
when Gandhi made that choice,
564
00:27:35,487 --> 00:27:37,322
he was the one
doing the starving.
565
00:27:37,364 --> 00:27:39,658
Not his investors.
566
00:27:50,543 --> 00:27:54,631
Because mutiny on the bounty
Is what we're all about
567
00:27:54,673 --> 00:27:57,801
I'm gonna board your ship
And turn it on out
568
00:27:57,842 --> 00:28:00,387
No soft sucker
With a parrot on his shoulder
569
00:28:00,428 --> 00:28:03,598
I'm bad, getting bolder
Cold getting colder
570
00:28:03,640 --> 00:28:06,685
Terrorizing suckers
On the seven seas
571
00:28:06,726 --> 00:28:08,478
And if you've got beef
572
00:28:08,520 --> 00:28:10,063
You'll get capped
In the knees
573
00:28:10,105 --> 00:28:13,358
We got 16 men
On a dead man's chest
574
00:28:13,400 --> 00:28:16,444
And I shot those suckers
And I'll shoot the rest
575
00:28:16,486 --> 00:28:19,447
Most illingest B-boy
I got that feeling
576
00:28:19,489 --> 00:28:23,076
'Cause I am most ill
And I'm rhyming and stealing
577
00:28:23,118 --> 00:28:24,703
[no audio]
578
00:28:28,873 --> 00:28:31,876
Snatching gold chains
Nicking pieces of eight
579
00:28:31,918 --> 00:28:33,378
I got your money
And your honey
580
00:28:33,420 --> 00:28:35,213
And the fly name plate
581
00:28:35,255 --> 00:28:37,298
We got wenches
On the benches
582
00:28:37,340 --> 00:28:38,842
Bitties with titties
583
00:28:38,883 --> 00:28:40,343
Housing all girlies
584
00:28:40,385 --> 00:28:42,220
From city to city
585
00:28:42,262 --> 00:28:44,389
One for all and all for one
586
00:28:44,431 --> 00:28:48,059
Taking out MCs
With a big shotgun
587
00:28:48,101 --> 00:28:50,979
All for one and one for all
588
00:28:51,020 --> 00:28:54,566
Because the Beastie Boys
Have gone AWOL
589
00:28:54,607 --> 00:28:57,652
Most rhyminest B-boy
I'm stretching my shade
590
00:28:57,694 --> 00:29:00,572
Most shootinest B-boy
I think you're shit
591
00:29:00,613 --> 00:29:03,742
Most rhyminest B-boy
I'll steal your shit, homeboy
592
00:29:03,783 --> 00:29:06,745
Most taxinest B-boy
I'll tax you, boy
593
00:29:06,786 --> 00:29:10,123
Most illingest, illingest
Illingest B-boy
594
00:29:10,165 --> 00:29:14,252
Taxing all y'all squares
Yeah
595
00:29:14,294 --> 00:29:16,254
I've tried every fucking thing.
596
00:29:16,296 --> 00:29:19,466
I can't get this class C
bullshit shut down.
597
00:29:19,507 --> 00:29:21,384
Yeah, and Zimmer knows it,
and he's using it.
598
00:29:21,426 --> 00:29:23,261
Every meeting now
someone's asking me,
599
00:29:23,303 --> 00:29:24,846
what does Uber have to do
to get bigger?
600
00:29:24,888 --> 00:29:26,306
Do you have an answer?
601
00:29:26,347 --> 00:29:28,099
It occurs to me
I think we got polite.
602
00:29:28,141 --> 00:29:29,893
We're just using registered
livery drivers, why?
603
00:29:29,934 --> 00:29:31,311
Because it's a fucking rule?
604
00:29:31,352 --> 00:29:33,062
I mean while Lyft
is undercutting us
605
00:29:33,104 --> 00:29:34,647
like they're Costco of livery.
606
00:29:34,689 --> 00:29:36,232
We're disruptors.
607
00:29:36,274 --> 00:29:39,068
We can't be afraid
to disrupt even ourselves.
608
00:29:41,613 --> 00:29:42,822
We open up the business.
609
00:29:42,864 --> 00:29:44,532
Let in civilians,
610
00:29:44,574 --> 00:29:46,910
anybody with a driver's license
can come join the team.
611
00:29:46,951 --> 00:29:49,287
We will crush Lyft
at their own game.
612
00:29:49,329 --> 00:29:52,624
Luxury in an app.
That was the vision always.
613
00:29:52,665 --> 00:29:54,125
And it's a great vision.
614
00:29:54,167 --> 00:29:56,586
Uber is a black car company.
615
00:29:56,628 --> 00:29:59,297
No one wants to ride around
in someone's used Camry.
616
00:29:59,339 --> 00:30:01,883
Are you so sure about that?
617
00:30:04,844 --> 00:30:08,264
This is the last time
this ever happens.
618
00:30:08,306 --> 00:30:11,810
Police walked in
For Jimmy Jazz
619
00:30:11,851 --> 00:30:15,897
I said "He ain't here
But he sure went by"
620
00:30:15,939 --> 00:30:18,608
Oh, you're looking for
621
00:30:18,650 --> 00:30:20,985
Jimmy Jazz
622
00:30:22,237 --> 00:30:23,947
Yeah, they said
623
00:30:23,988 --> 00:30:27,992
Satta Massagana
For Jimmy Dread
624
00:30:28,034 --> 00:30:31,037
Cut off his ears
And chop off his head
625
00:30:31,079 --> 00:30:33,706
Police come look for
626
00:30:33,748 --> 00:30:35,500
Jimmy Jazz
627
00:30:35,542 --> 00:30:38,044
Jazz, Jazz, Jazz
628
00:30:38,086 --> 00:30:39,546
So go look
629
00:30:43,842 --> 00:30:46,302
Wow! Thanks so much, guys.
630
00:30:46,344 --> 00:30:48,137
Have a fantastic night.
631
00:30:50,056 --> 00:30:51,391
[Gurley] Chatty fella.
632
00:30:51,432 --> 00:30:53,101
[Austin]
That's the Lyft UX in action.
633
00:30:53,142 --> 00:30:54,853
You know, you sit up front,
you make a friend.
634
00:30:54,894 --> 00:30:56,396
[Garrett]
Yeah, I'm not that lonely yet.
635
00:30:56,437 --> 00:30:57,939
I'm not saying
that it couldn't happen,
636
00:30:57,981 --> 00:31:00,108
but there's nothing cool
about that experience.
637
00:31:00,149 --> 00:31:01,693
[Gurley]
Maybe that's not the point.
638
00:31:01,734 --> 00:31:03,903
Are we selling cool,
or selling transportation?
639
00:31:05,572 --> 00:31:07,198
We're selling cool transpo.
640
00:31:07,240 --> 00:31:08,950
Elegant. James fucking Bond.
641
00:31:08,992 --> 00:31:11,035
That's the brand.
Always has been.
642
00:31:11,077 --> 00:31:13,621
[Austin] TK, it's your call.
643
00:31:13,663 --> 00:31:15,874
I mean, it's your call.
644
00:31:19,002 --> 00:31:21,337
Both.
645
00:31:21,379 --> 00:31:23,131
You go into a department store,
646
00:31:23,172 --> 00:31:25,133
they have that shitty jewelry
on the counter, right?
647
00:31:25,174 --> 00:31:27,051
But the good stuff
is in the glass boxes.
648
00:31:27,093 --> 00:31:29,012
-Two levels of service.
-Exactly, all right.
649
00:31:29,053 --> 00:31:31,389
So you want luxury, you want
cool, you can pay for cool.
650
00:31:31,431 --> 00:31:33,057
But we slide another option
into the app.
651
00:31:33,099 --> 00:31:35,685
Charge 35% less
and call it UberX,
652
00:31:35,727 --> 00:31:37,020
so it still feels cool.
653
00:31:38,605 --> 00:31:40,690
It's always X with you.
654
00:31:40,732 --> 00:31:42,400
Yeah, the X is for "extra sexy."
655
00:31:42,442 --> 00:31:44,235
[Garrett laughs]
656
00:31:44,277 --> 00:31:45,695
You would laugh at that.
657
00:31:51,117 --> 00:31:54,954
Dude, you brought me in to grind
on these kinds of calls.
658
00:31:56,289 --> 00:31:58,291
Yeah. That's true.
659
00:32:03,046 --> 00:32:04,589
But I'm still gonna
give you my opinion,
660
00:32:04,631 --> 00:32:06,591
and I expect you
to take it seriously.
661
00:32:09,469 --> 00:32:11,095
And then I'll ride with you
on it.
662
00:32:11,137 --> 00:32:12,931
No matter what you decide.
663
00:32:12,972 --> 00:32:14,849
It's your company, man.
664
00:32:20,897 --> 00:32:22,440
For Garrett?
665
00:32:33,159 --> 00:32:35,912
You know,
I'm hearing Google Ventures
666
00:32:35,954 --> 00:32:37,705
is in the mix this round.
667
00:32:39,874 --> 00:32:41,209
That's weird.
668
00:32:44,045 --> 00:32:47,423
I can't control the rumor mill,
Bill, can I?
669
00:32:53,680 --> 00:32:55,139
That's me.
670
00:33:16,035 --> 00:33:19,580
Once we added the UberX
functionality, boom,
671
00:33:19,622 --> 00:33:22,166
that is driver supply,
that is rider demand.
672
00:33:22,208 --> 00:33:23,334
What part of
"do not disturb" do--?
673
00:33:23,376 --> 00:33:25,253
[whispers indistinctly]
674
00:33:42,228 --> 00:33:44,856
[Tarantino]
David motherfucking Drummond.
675
00:33:44,897 --> 00:33:47,025
In theory, a top Google lawyer.
676
00:33:47,066 --> 00:33:50,028
In practice, Larry and Sergey's
business brain.
677
00:33:50,069 --> 00:33:52,196
Head of their investment arm,
Google Ventures.
678
00:33:52,238 --> 00:33:55,700
Loved and feared in every
boardroom in Silicon Valley.
679
00:33:55,742 --> 00:33:57,702
A real OG.
680
00:33:57,744 --> 00:34:00,121
And a BFD.
681
00:34:00,163 --> 00:34:02,832
And the one-man TK
set this entire trap for.
682
00:34:02,874 --> 00:34:06,753
Hi. Travis Kalanick.
683
00:34:06,794 --> 00:34:08,713
No shit. I'm in your office.
684
00:34:08,755 --> 00:34:10,840
[chuckles]
685
00:34:10,882 --> 00:34:12,425
Sit down.
686
00:34:14,177 --> 00:34:15,845
I don't imagine
you made the drive
687
00:34:15,887 --> 00:34:17,847
all the way from Mountain View
to hear me talk,
688
00:34:17,889 --> 00:34:19,348
so why don't you start?
689
00:34:19,390 --> 00:34:21,017
I'm wondering
who you think you are
690
00:34:21,059 --> 00:34:23,227
telling everyone in my valley
we're in your round.
691
00:34:25,438 --> 00:34:26,647
Aren't you?
692
00:34:26,689 --> 00:34:30,026
Because again,
long drive, David.
693
00:34:30,068 --> 00:34:31,819
Or is it Mr. Drummond?
694
00:34:31,861 --> 00:34:35,656
I'm more of a TK to my friends,
Travis to my enemies,
695
00:34:35,698 --> 00:34:40,119
and a fucking lottery ticket to
anybody who knows what's what.
696
00:34:46,000 --> 00:34:49,712
Breakfast, Tuesday, 9:00 a.m.,
Charlie's Café on the campus.
697
00:34:49,754 --> 00:34:52,090
This is a home show,
not a road show.
698
00:34:55,426 --> 00:34:57,762
You know what?
I can make an exception.
699
00:34:57,804 --> 00:34:59,263
That's cool.
700
00:35:01,974 --> 00:35:03,267
But...
701
00:35:05,436 --> 00:35:07,438
I want Larry Page there.
702
00:35:10,108 --> 00:35:11,776
That's a tough get.
703
00:35:13,111 --> 00:35:14,779
I'll see what I can do.
704
00:35:27,500 --> 00:35:29,085
[chuckling] Um, hi.
705
00:35:29,127 --> 00:35:32,296
David fucking Drummond
came into the office today,
706
00:35:32,338 --> 00:35:34,632
and we are going
to the Googleplex on Tuesday.
707
00:35:34,674 --> 00:35:36,134
And Larry Page
is gonna be there!
708
00:35:36,175 --> 00:35:37,426
I feel fucking amazing!
709
00:35:37,468 --> 00:35:38,845
I can see that.
710
00:35:41,973 --> 00:35:45,560
You are my good-luck charm.
711
00:35:45,601 --> 00:35:48,146
Okay. Well, I like that.
712
00:36:00,158 --> 00:36:01,492
[Travis sighs]
713
00:36:26,684 --> 00:36:28,227
Is he coming?
714
00:36:36,027 --> 00:36:37,820
[Drummond]
Larry Page, Travis Kalanick,
715
00:36:37,862 --> 00:36:39,030
and Emil Michael.
716
00:36:39,071 --> 00:36:40,907
It's so great to meet you, man.
717
00:37:01,135 --> 00:37:03,804
So, look, I'll admit
when I started Uber,
718
00:37:03,846 --> 00:37:05,806
it was just a way
for me and my buddies
719
00:37:05,848 --> 00:37:08,226
to get around San Francisco
in limos like ballers.
720
00:37:08,267 --> 00:37:10,478
You know, we didn't have
a grand plan.
721
00:37:10,519 --> 00:37:12,063
For a minute.
722
00:37:12,104 --> 00:37:13,731
But then I was forced
to learn to improvise
723
00:37:13,773 --> 00:37:15,983
once it turned out
everybody wanted in.
724
00:37:16,025 --> 00:37:18,152
Has that ever happened to you?
You know, you have an idea
725
00:37:18,194 --> 00:37:19,904
and then it spins
into something else?
726
00:37:24,617 --> 00:37:26,327
Maybe not.
727
00:37:26,369 --> 00:37:28,412
Maybe you just see it all
in front of you
728
00:37:28,454 --> 00:37:29,747
perfectly mapped out,
729
00:37:29,789 --> 00:37:31,415
exactly the way
it'll come to pass.
730
00:37:31,457 --> 00:37:33,668
I don't know, me? I have to stay
open to opportunity
731
00:37:33,709 --> 00:37:35,419
and nimble enough to change,
732
00:37:35,461 --> 00:37:37,880
because here's the thing:
we are not a limo company.
733
00:37:37,922 --> 00:37:39,757
We're a technology company.
734
00:37:39,799 --> 00:37:41,217
But if I had known that
at the start,
735
00:37:41,259 --> 00:37:42,885
I might have never started.
736
00:37:42,927 --> 00:37:44,845
You know, my mom, she says,
"Look before you leap."
737
00:37:44,887 --> 00:37:47,682
But I'm always like, how am I
going to get a good enough view
738
00:37:47,723 --> 00:37:49,100
and decide what's next
739
00:37:49,141 --> 00:37:51,352
if I'm not already up
in the air, you know?
740
00:37:51,394 --> 00:37:53,020
Because I took the leap, right?
741
00:37:53,062 --> 00:37:54,772
Like you guys with Google Maps,
that is a leap.
742
00:37:54,814 --> 00:37:57,275
But you're up in the air,
and you can look, and boom.
743
00:37:58,818 --> 00:38:01,404
Autonomous vehicles, right?
744
00:38:05,992 --> 00:38:08,786
Yeah, you know,
self-driving cars
745
00:38:08,828 --> 00:38:11,372
are very much front of mind.
746
00:38:11,414 --> 00:38:13,749
Still early stages, but...
747
00:38:14,709 --> 00:38:16,961
Yeah.
748
00:38:20,256 --> 00:38:22,633
["You're My Best Friend"
by Queen playing]
749
00:38:27,305 --> 00:38:31,392
Ooh, you make me live
750
00:38:31,434 --> 00:38:35,021
Whatever this world
Can give to me
751
00:38:35,062 --> 00:38:36,731
It's you
752
00:38:36,772 --> 00:38:39,442
You're all I see
753
00:38:39,483 --> 00:38:43,904
Ooh, you make me live now
Honey
754
00:38:43,946 --> 00:38:46,866
Ooh, you make me live
755
00:38:48,617 --> 00:38:51,746
Oh, you're the best friend
756
00:38:51,787 --> 00:38:54,123
That I ever had
757
00:38:54,165 --> 00:38:58,878
I've been with you
Such a long time...
758
00:39:06,594 --> 00:39:09,221
Look, it'd be easy
for Google Ventures
759
00:39:09,263 --> 00:39:11,182
to just plug some money
into Uber
760
00:39:11,223 --> 00:39:14,101
and walk away and siphon off
some of our success.
761
00:39:14,143 --> 00:39:15,770
But I don't think
that's what you want to do.
762
00:39:15,811 --> 00:39:17,480
I think you want us
to grow together, right?
763
00:39:17,521 --> 00:39:19,190
Like, imagine we could
share data
764
00:39:19,231 --> 00:39:20,608
from all the millions of trips
765
00:39:20,649 --> 00:39:21,817
that Uber runs every day.
766
00:39:21,859 --> 00:39:23,819
Plug that into Google Maps
767
00:39:23,861 --> 00:39:25,404
or anything else
that we want to team up on.
768
00:39:25,446 --> 00:39:27,531
Flying cars.
769
00:39:29,658 --> 00:39:32,078
The numbers.
770
00:39:32,119 --> 00:39:33,371
You aware?
771
00:39:33,412 --> 00:39:35,498
Flying cars?
772
00:39:35,539 --> 00:39:40,169
Move 14% of vehicles currently
on the road to air lanes,
773
00:39:40,211 --> 00:39:43,047
traffic congestion
goes down 82%.
774
00:39:44,173 --> 00:39:45,633
Wow.
775
00:39:45,674 --> 00:39:46,884
That...
776
00:39:51,514 --> 00:39:53,057
Your idea?
777
00:39:53,724 --> 00:39:55,309
Uber?
778
00:39:55,351 --> 00:39:57,228
Oh, yeah.
779
00:39:57,269 --> 00:39:58,729
Yeah, it was.
780
00:39:58,771 --> 00:40:00,564
My partner, Garrett,
he ideated the concept,
781
00:40:00,606 --> 00:40:03,651
but I refined it
and really built it.
782
00:40:06,737 --> 00:40:08,280
Interesting.
783
00:40:10,199 --> 00:40:13,911
How does route planning work?
784
00:40:13,953 --> 00:40:16,497
That's not easy.
785
00:40:16,539 --> 00:40:21,085
That's... is that OSRM,
or are you using our APIs?
786
00:40:21,127 --> 00:40:24,088
It's open-source.
787
00:40:24,130 --> 00:40:26,090
Open-source what?
788
00:40:28,175 --> 00:40:30,594
OpenStreetMap, I'm pretty sure.
789
00:40:30,636 --> 00:40:33,097
It's-- it's really advanced.
We have the best guys on it.
790
00:40:35,433 --> 00:40:36,600
If you say so.
791
00:40:39,270 --> 00:40:44,483
You don't actually write code,
do you, Tyler?
792
00:40:45,317 --> 00:40:46,569
Travis.
793
00:40:46,610 --> 00:40:47,987
Kalanick.
794
00:40:53,742 --> 00:40:55,286
Okay.
795
00:40:56,495 --> 00:40:58,622
Good.
796
00:40:58,664 --> 00:41:01,459
Yeah, we should, you know...
797
00:41:04,587 --> 00:41:05,963
You know...
798
00:41:13,345 --> 00:41:16,849
[door opening and closing]
799
00:41:18,642 --> 00:41:20,019
Let's do this.
800
00:41:22,480 --> 00:41:24,607
If we come on,
I'll get a board seat.
801
00:41:24,648 --> 00:41:25,941
-An observer's seat.
-A voting seat.
802
00:41:25,983 --> 00:41:27,359
That's a deal-breaker.
803
00:41:27,401 --> 00:41:29,111
The only way I'm giving up
804
00:41:29,153 --> 00:41:30,821
a voting seat is if there's
a spend commensurate
805
00:41:30,863 --> 00:41:32,656
-with the people at this table.
-It's my table.
806
00:41:32,698 --> 00:41:34,950
If Uber weren't the hottest
entrant in transportation space,
807
00:41:34,992 --> 00:41:37,369
I wouldn't be sitting here,
and neither would you.
808
00:41:37,411 --> 00:41:38,871
Look...
809
00:41:40,915 --> 00:41:43,042
Amazon is a warehouse company.
810
00:41:43,083 --> 00:41:45,336
We are the everything company.
811
00:41:45,377 --> 00:41:46,712
You revolutionize
transportation,
812
00:41:46,754 --> 00:41:48,214
you revolutionize
urban development,
813
00:41:48,255 --> 00:41:50,174
real estate, the energy sector,
814
00:41:50,216 --> 00:41:51,967
food and hospitality,
trading and shipping.
815
00:41:52,009 --> 00:41:54,637
I mean, this is a lot more
than just how people shop.
816
00:41:54,678 --> 00:41:57,014
This is how they live,
and it's all frictionless,
817
00:41:57,056 --> 00:41:58,724
because that's who we are.
818
00:41:58,766 --> 00:42:00,851
Our brand changes the world,
just like your does.
819
00:42:00,893 --> 00:42:02,102
You got an ask?
820
00:42:05,397 --> 00:42:08,526
Quarter-bil.
821
00:42:08,567 --> 00:42:10,861
The most Google's ever invested
is a hundred million.
822
00:42:10,903 --> 00:42:12,696
I'm willing to talk something
in that ballpark--
823
00:42:12,738 --> 00:42:15,658
Talk about
a quarter-billion dollars.
824
00:42:15,699 --> 00:42:17,576
That's the ask.
825
00:42:21,747 --> 00:42:24,041
-Can you believe that?
-That was fucking insane.
826
00:42:24,083 --> 00:42:26,293
Dude, the vibe between
me and Larry was tight.
827
00:42:26,335 --> 00:42:27,628
[laughs]
828
00:42:30,256 --> 00:42:31,799
I'm calling Bill.
829
00:42:31,840 --> 00:42:33,926
Hmm? No, no, no.
Don't-- don't do that.
830
00:42:33,968 --> 00:42:36,387
Okay, maybe I don't?
831
00:42:36,428 --> 00:42:38,430
I'm running this play without
protection in the pocket.
832
00:42:38,472 --> 00:42:40,391
Fuck.
833
00:42:40,432 --> 00:42:42,434
You went in there
without even telling Bill
834
00:42:42,476 --> 00:42:45,062
and without telling me what
the actual ask was gonna be?
835
00:42:46,313 --> 00:42:47,690
Are you actually in the pocket?
836
00:42:49,441 --> 00:42:51,068
I'm fine.
837
00:42:51,110 --> 00:42:52,528
He's gonna find out.
838
00:42:52,570 --> 00:42:54,238
He's not my dad.
839
00:42:54,280 --> 00:42:56,532
And if we nail a quarter-bil,
then he can apologize.
840
00:42:56,574 --> 00:43:00,536
If we don't, then he can gloat.
841
00:43:05,874 --> 00:43:08,711
[exhales]
842
00:43:08,752 --> 00:43:11,005
You don't actually
have the Google cash.
843
00:43:11,046 --> 00:43:12,590
We might never have it.
844
00:43:12,631 --> 00:43:14,842
You might have completely
blown it with that ask.
845
00:43:14,883 --> 00:43:16,969
I cannot believe
you're not with me on this one.
846
00:43:24,059 --> 00:43:25,853
Dude, the money is coming in
one way or another.
847
00:43:25,894 --> 00:43:27,271
Look at our growth rate.
848
00:43:27,313 --> 00:43:29,231
-Look at our burn rate.
-That's true.
849
00:43:29,273 --> 00:43:31,275
-The incentives are killing us.
-But that's why we buy Lyft,
850
00:43:31,317 --> 00:43:34,236
so we can stop paying these
fucking incentives to the
851
00:43:34,278 --> 00:43:37,031
drivers, because where else
are they gonna go?
852
00:43:37,072 --> 00:43:39,158
[scoffs]
853
00:43:41,660 --> 00:43:43,912
Maybe we should
run this by Bill--
854
00:43:43,954 --> 00:43:46,957
No, we're not. Don't say "Bill."
We're not running by anything.
855
00:43:46,999 --> 00:43:48,626
No run-bys.
We endgame Lyft, okay?
856
00:43:48,667 --> 00:43:50,169
We get the Google money,
and we end them.
857
00:43:50,210 --> 00:43:51,962
That's it.
858
00:43:52,004 --> 00:43:53,881
Unless you want them nipping
at our heels forever.
859
00:43:57,176 --> 00:43:58,969
Should I have called?
860
00:43:59,970 --> 00:44:01,347
Give me the room.
861
00:44:11,190 --> 00:44:12,816
I love saying that.
862
00:44:15,110 --> 00:44:16,195
David Drummond called.
863
00:44:18,530 --> 00:44:19,907
Called you?
864
00:44:19,948 --> 00:44:21,825
I'm the guy they call.
865
00:44:21,867 --> 00:44:23,661
That's how this works.
866
00:44:23,702 --> 00:44:25,454
When you fuck up, they call me.
867
00:44:25,496 --> 00:44:27,998
When you try to go deep
with Larry Page, they call me.
868
00:44:28,040 --> 00:44:30,000
When you land over
a quarter of a billion dollars
869
00:44:30,042 --> 00:44:32,544
of Google's money, they call me.
870
00:44:34,213 --> 00:44:35,673
Fuck you.
871
00:44:35,714 --> 00:44:37,758
No, thanks. I'm good.
872
00:44:37,800 --> 00:44:40,427
My founder just raised
some serious cash.
873
00:44:40,469 --> 00:44:42,096
[laughs] Oh!
874
00:44:43,389 --> 00:44:45,099
-You feeling it?
-Holy shit!
875
00:44:45,140 --> 00:44:47,017
Yes. Holy shit.
876
00:44:47,059 --> 00:44:49,019
I know how to win now.
I know how.
877
00:44:49,061 --> 00:44:51,146
I already set up
the dinner with Zimmer.
878
00:44:51,188 --> 00:44:52,356
Now you can do it.
879
00:44:52,398 --> 00:44:54,149
Okay, then.
880
00:44:54,191 --> 00:44:56,402
We're gonna go in there,
we're gonna scoop up Lyft.
881
00:44:56,443 --> 00:44:59,738
Zimmer is gonna--
he's gonna act weird at first.
882
00:44:59,780 --> 00:45:01,573
He's bleeding.
His board's after him.
883
00:45:01,615 --> 00:45:03,992
He knows he's dying,
and he doesn't want to die.
884
00:45:04,034 --> 00:45:05,828
So you're gonna let him know
885
00:45:05,869 --> 00:45:09,081
that you're not going to go to
the press and call him a loser.
886
00:45:11,083 --> 00:45:13,210
And you're gonna treat
his employees with respect...
887
00:45:14,586 --> 00:45:16,422
and a seat on the board.
888
00:45:22,177 --> 00:45:24,555
-Okay, I can do that.
-Oh, I know you can,
889
00:45:24,596 --> 00:45:26,557
because a guy marries a woman
with kids,
890
00:45:26,598 --> 00:45:30,352
he has to prove he's not gonna
fuck up her life or theirs.
891
00:45:30,394 --> 00:45:31,854
You get it?
892
00:45:31,895 --> 00:45:34,106
I got it.
893
00:45:38,026 --> 00:45:40,487
Did you say
over a quarter-billion?
894
00:45:40,529 --> 00:45:42,072
Two-fifty-seven.
895
00:45:42,114 --> 00:45:43,407
[laughs]
896
00:45:46,618 --> 00:45:48,579
I guess it's okay if they
bigfoot us now, right, Bill?
897
00:45:48,620 --> 00:45:50,372
It's very fucking okay.
They bought the right.
898
00:45:50,414 --> 00:45:51,832
[laughing]
899
00:45:55,335 --> 00:45:57,254
[Zimmer]
The legend's always been
900
00:45:57,296 --> 00:46:00,549
the restaurants in Little India
all share the same kitchen.
901
00:46:00,591 --> 00:46:03,135
So you walk down Sixth Street
in New York City,
902
00:46:03,177 --> 00:46:06,138
and every storefront
has a different name.
903
00:46:06,180 --> 00:46:08,098
They have a different collection
of Christmas lights
904
00:46:08,140 --> 00:46:10,184
and different aging menus
taped to the windows,
905
00:46:10,225 --> 00:46:12,394
but it's all a mirage.
906
00:46:12,436 --> 00:46:14,813
You mean like an actual mirage,
or people just can't believe
907
00:46:14,855 --> 00:46:16,482
that all these different
Indian restaurants
908
00:46:16,523 --> 00:46:17,983
share the same kitchen?
909
00:46:18,025 --> 00:46:19,193
Never did find out.
910
00:46:19,234 --> 00:46:20,819
[Kate] The vindaloo,
911
00:46:20,861 --> 00:46:22,905
it doesn't taste the same
at all those places.
912
00:46:22,946 --> 00:46:24,448
I just-- I call bullshit.
913
00:46:24,490 --> 00:46:26,241
Yeah, me too. Probably, right?
914
00:46:26,283 --> 00:46:28,202
But maybe
that's the magic of it.
915
00:46:28,243 --> 00:46:30,412
Create the sense of choice
916
00:46:30,454 --> 00:46:32,790
that the customer is engaging
in a decision.
917
00:46:32,831 --> 00:46:35,793
But actually all the money's
flowing back to the same place.
918
00:46:35,834 --> 00:46:40,297
And in this case, that'd be us.
919
00:46:40,339 --> 00:46:41,799
Something like that.
920
00:46:47,012 --> 00:46:49,306
[clears throat]
921
00:46:51,141 --> 00:46:54,937
We think you retaining 17%
of the company is a fair deal.
922
00:46:54,978 --> 00:46:56,897
We wanted 25.
923
00:46:56,939 --> 00:46:58,982
We know, Kate.
924
00:47:02,694 --> 00:47:05,155
I can sit with 17.
925
00:47:05,197 --> 00:47:06,865
Board seat as discussed.
926
00:47:06,907 --> 00:47:09,159
Lyft retains its app and staff,
927
00:47:09,201 --> 00:47:11,787
and we can discuss
lightening our C-suite.
928
00:47:11,829 --> 00:47:14,832
We have a few top performers
we'd like to protect.
929
00:47:29,930 --> 00:47:31,348
Eight percent.
930
00:47:35,060 --> 00:47:37,020
[laughs]
931
00:47:37,062 --> 00:47:38,355
You know what I wanted to say?
932
00:47:38,397 --> 00:47:40,107
Here's my final offer: nothing.
933
00:47:40,148 --> 00:47:42,025
Like the Lake Tahoe scene.
934
00:47:42,067 --> 00:47:44,194
I just didn't want you guys
to think I was screwing around.
935
00:47:44,236 --> 00:47:45,863
-[Gurley] Travis.
-[Kate] So you're serious?
936
00:47:45,904 --> 00:47:47,906
I mean, I also sprung
for the Sam Wo's.
937
00:47:50,033 --> 00:47:51,535
[scoffs]
938
00:47:51,577 --> 00:47:53,370
You know, Travis,
sometimes when you put your dick
939
00:47:53,412 --> 00:47:55,122
out on a table,
940
00:47:55,163 --> 00:47:57,541
it doesn't necessarily mean
you have a big one.
941
00:47:57,583 --> 00:47:59,501
It might just mean
you exposed yourself.
942
00:47:59,543 --> 00:48:02,588
You have no fucking idea
how many people assume
943
00:48:02,629 --> 00:48:04,089
that everything
I've accomplished
944
00:48:04,131 --> 00:48:06,842
is somehow to compensate
for everything I'm not.
945
00:48:08,051 --> 00:48:10,637
But you have to know
946
00:48:10,679 --> 00:48:13,390
the whole worth of your company
is predicated on my success.
947
00:48:14,308 --> 00:48:15,517
You're a tapeworm.
948
00:48:15,559 --> 00:48:17,269
I'm the host. You need me.
949
00:48:17,311 --> 00:48:19,688
What, to be on that wall?
I need you on that wall?
950
00:48:19,730 --> 00:48:23,066
You need me to survive.
951
00:48:23,108 --> 00:48:24,818
I understand you feel that way.
952
00:48:24,860 --> 00:48:26,778
This isn't about feelings, man.
This is about facts.
953
00:48:26,820 --> 00:48:29,364
You're shedding six and a half
percent a day
954
00:48:29,406 --> 00:48:32,034
of potential revenue
to us post-UberX.
955
00:48:32,075 --> 00:48:33,285
We're gonna roll out
dynamic pricing.
956
00:48:33,327 --> 00:48:34,202
That number's going to double.
957
00:48:34,244 --> 00:48:35,787
You're going to lose all your
drivers.
958
00:48:35,829 --> 00:48:37,706
More than that, you're going to
lose your customers.
959
00:48:37,748 --> 00:48:38,999
because they like
your little interface.
960
00:48:39,041 --> 00:48:40,292
But you know
what they like more?
961
00:48:40,334 --> 00:48:41,752
A car that shows up fast,
962
00:48:41,793 --> 00:48:43,253
and you won't be able
to provide it.
963
00:48:48,300 --> 00:48:50,928
[Gurley] He's not putting it
very diplomatically.
964
00:48:50,969 --> 00:48:55,599
His terms are not the ones
I recommended.
965
00:49:00,479 --> 00:49:02,105
But it is true.
966
00:49:03,732 --> 00:49:05,233
[laughs]
967
00:49:08,362 --> 00:49:10,030
Something funny?
968
00:49:10,072 --> 00:49:11,865
You could have walked
out of here tonight
969
00:49:11,907 --> 00:49:14,326
owning the entire
rideshare space.
970
00:49:14,368 --> 00:49:16,453
Like Coke and Pepsi got hitched.
971
00:49:16,495 --> 00:49:17,955
But you're not smart enough.
972
00:49:17,996 --> 00:49:19,790
-[chuckles]
-No, no, that's not it.
973
00:49:19,831 --> 00:49:23,585
You're not sophisticated enough.
You're not cultured enough.
974
00:49:23,627 --> 00:49:26,129
Fuck, you're not human enough.
975
00:49:27,547 --> 00:49:30,050
Sure, you have some savvy.
976
00:49:30,092 --> 00:49:32,094
And, yes, you are good
with numbers.
977
00:49:32,135 --> 00:49:35,055
But you're too much
of a goddamn predatory animal
978
00:49:35,097 --> 00:49:37,099
to take a sure thing
when it comes to you.
979
00:49:37,140 --> 00:49:38,642
I don't know why.
980
00:49:38,684 --> 00:49:40,519
I-- I don't actually care.
981
00:49:47,859 --> 00:49:49,778
Here's what's gonna happen.
982
00:49:49,820 --> 00:49:51,488
I'm not ever leaving
the rideshare space.
983
00:49:51,530 --> 00:49:52,948
Not now.
984
00:49:52,990 --> 00:49:54,241
I mean, I was ready
to pull back.
985
00:49:54,282 --> 00:49:56,326
But after this, uh-uh.
986
00:49:56,368 --> 00:49:58,328
I will grow, and I will suck
987
00:49:58,370 --> 00:50:01,289
the ever-loving fucking life
out of your company.
988
00:50:01,331 --> 00:50:02,749
And I will outlast you.
989
00:50:02,791 --> 00:50:04,084
And when I do,
when I go public first,
990
00:50:04,126 --> 00:50:06,169
I just want you to remember,
991
00:50:06,211 --> 00:50:09,131
you brought this shit-ton
of bricks down on your own head.
992
00:50:09,172 --> 00:50:11,425
Bill, thanks much.
993
00:50:20,726 --> 00:50:22,811
[chuckles]
994
00:50:22,853 --> 00:50:25,313
Well, that was fucking
ridiculous.
995
00:50:42,247 --> 00:50:43,874
[sighs]
996
00:50:54,634 --> 00:50:55,969
I had to take a walk.
997
00:50:56,011 --> 00:50:57,971
I'm sorry you wasted
your evening.
998
00:50:58,013 --> 00:50:59,681
It's fine.
999
00:51:00,932 --> 00:51:02,392
I know it's not.
1000
00:51:05,896 --> 00:51:07,731
What are you doing, Bill?
1001
00:51:07,773 --> 00:51:10,525
Riding shotgun
with a guy like that?
1002
00:51:10,567 --> 00:51:12,694
I saw your face. You had no idea
1003
00:51:12,736 --> 00:51:14,571
he was gonna self-immolate
in there tonight.
1004
00:51:14,613 --> 00:51:17,574
I'm sorry we couldn't
throw you a lifeline,
1005
00:51:17,616 --> 00:51:19,493
but his point's not wrong.
1006
00:51:20,869 --> 00:51:22,412
Probably all healthier
if we compete.
1007
00:51:22,454 --> 00:51:24,414
Sure.
1008
00:51:24,456 --> 00:51:26,500
You got to defend your founder.
1009
00:51:26,541 --> 00:51:28,418
Gurley stands behind his man.
1010
00:51:28,460 --> 00:51:32,714
But every time
Travis gets a win...
1011
00:51:34,633 --> 00:51:36,593
you're making him believe
1012
00:51:36,635 --> 00:51:38,929
the world owes him that win.
1013
00:51:38,970 --> 00:51:41,807
First loss he has,
he's gonna think he's drowning,
1014
00:51:41,848 --> 00:51:45,310
and he's gonna stand on
your shoulders to save himself.
1015
00:51:45,352 --> 00:51:47,354
He'll push you right under.
1016
00:51:55,278 --> 00:51:56,863
John.
1017
00:52:08,792 --> 00:52:10,794
Let me know if I can help you
this funding round.
1018
00:52:10,836 --> 00:52:15,132
Just, uh, make some quiet calls.
1019
00:52:15,173 --> 00:52:17,259
I used to consider you
one of the good ones.
1020
00:52:17,300 --> 00:52:20,303
Now I see you've turned
into a jackal like all the rest.
1021
00:52:20,345 --> 00:52:22,472
I don't want you
anywhere near my company.
1022
00:52:34,442 --> 00:52:37,154
"Google Ventures
is the largest investor,
1023
00:52:37,195 --> 00:52:41,449
"with $257.79 million in.
1024
00:52:41,491 --> 00:52:46,663
"This round values Uber at
around $3.4 billion pre-money,
1025
00:52:46,705 --> 00:52:49,541
$3.76 billion post-money."
1026
00:52:49,583 --> 00:52:51,376
This is absolutely
fucking great.
1027
00:52:51,418 --> 00:52:53,461
Well, I'm happy to be here.
1028
00:52:53,503 --> 00:52:54,838
[laughs]
1029
00:53:02,429 --> 00:53:04,014
You going down
to say hello to David?
1030
00:53:04,055 --> 00:53:05,348
Yeah, I'm walking now.
1031
00:53:05,390 --> 00:53:07,184
Uh, hey, listen,
I was just curious.
1032
00:53:07,225 --> 00:53:10,520
When was it that, uh, you guys
decided to tank the Lyft deal
1033
00:53:10,562 --> 00:53:14,107
and try to kill them
instead of buying them?
1034
00:53:14,149 --> 00:53:17,694
There wasn't a specific
internal discussion.
1035
00:53:17,736 --> 00:53:19,362
Well, I mean, did you, uh--?
1036
00:53:19,404 --> 00:53:20,947
did you lose my phone number
for a while,
1037
00:53:20,989 --> 00:53:23,116
or you forget how to dial?
1038
00:53:26,536 --> 00:53:29,456
We had a relationship
when you put me in, for sure.
1039
00:53:29,497 --> 00:53:31,875
And we still have one now.
1040
00:53:31,917 --> 00:53:34,211
It's different, though.
It has to be.
1041
00:53:34,252 --> 00:53:37,005
Now, I know that.
You know that.
1042
00:53:37,047 --> 00:53:40,050
Why don't we just enjoy
his success, Bill?
1043
00:53:40,091 --> 00:53:42,385
It's all to our benefit.
1044
00:53:50,227 --> 00:53:52,229
Alright, take care of your mom.
1045
00:54:00,987 --> 00:54:02,614
[Amy] What time is your flight?
1046
00:54:02,656 --> 00:54:04,282
Tomorrow morning at 8:00.
1047
00:54:04,324 --> 00:54:07,369
Hmm.
1048
00:54:07,410 --> 00:54:10,872
You finally left Rex alone
to shoot around out there, huh?
1049
00:54:10,914 --> 00:54:13,750
I was just trying to impart
something about the game
1050
00:54:13,792 --> 00:54:15,543
to our guy
before I leave tomorrow.
1051
00:54:15,585 --> 00:54:17,045
Not just about the game.
1052
00:54:17,087 --> 00:54:18,880
I tell you what,
I hope he listens to his coaches
1053
00:54:18,922 --> 00:54:20,382
better than he does to me,
1054
00:54:20,423 --> 00:54:22,259
because he tunes me out
like an old radio dial.
1055
00:54:22,300 --> 00:54:25,887
Because you play D1,
which he has to ignore,
1056
00:54:25,929 --> 00:54:28,431
or it'll be too hard
to keep going.
1057
00:54:28,473 --> 00:54:32,686
You always say a good coach
finds a way to cut through.
1058
00:54:32,727 --> 00:54:35,563
Either gets loud or quiet,
1059
00:54:35,605 --> 00:54:39,276
or finds an angle
until he's heard.
1060
00:54:39,317 --> 00:54:41,361
I'm kind of sucking
at that lately.
1061
00:54:45,115 --> 00:54:46,700
Say the rest.
1062
00:54:46,741 --> 00:54:48,118
The thing you don't want to.
1063
00:54:51,788 --> 00:54:55,125
Uber scored huge
in this last round.
1064
00:54:56,835 --> 00:54:58,211
Massive.
1065
00:54:59,337 --> 00:55:01,131
And you're mad? Why?
1066
00:55:01,172 --> 00:55:03,091
Sounds like you did good.
1067
00:55:03,133 --> 00:55:05,343
Because his wins are his,
1068
00:55:05,385 --> 00:55:07,512
and his losses, his sins,
are all of ours.
1069
00:55:07,554 --> 00:55:09,889
And he won't listen.
1070
00:55:09,931 --> 00:55:11,433
Ah, you know,
I can't protect him.
1071
00:55:11,474 --> 00:55:12,934
I...
1072
00:55:12,976 --> 00:55:14,311
[clears throat]
1073
00:55:19,733 --> 00:55:22,485
I stood up for him.
1074
00:55:22,527 --> 00:55:25,322
A smart guy,
a guy I greatly respect.
1075
00:55:25,363 --> 00:55:27,407
He looked me right in the eye,
right in the soul,
1076
00:55:27,449 --> 00:55:29,326
and he told me
exactly what he saw.
1077
00:55:31,036 --> 00:55:32,537
There's nothing.
1078
00:55:38,376 --> 00:55:41,338
Well, if Travis won't let you
protect him,
1079
00:55:41,379 --> 00:55:43,673
then that's on him, not you.
1080
00:55:45,884 --> 00:55:47,177
Or is this about the money?
1081
00:55:47,218 --> 00:55:48,553
No.
1082
00:55:54,184 --> 00:55:55,602
A little.
1083
00:55:59,105 --> 00:56:00,899
A lot.
1084
00:56:00,940 --> 00:56:03,401
At the end of this run,
it's the one that--
1085
00:56:03,443 --> 00:56:06,237
it's the one that pays
for all the others.
1086
00:56:06,279 --> 00:56:08,698
It's the one that makes it
so we nev--
1087
00:56:11,493 --> 00:56:15,330
ever have to think
about money again.
1088
00:56:16,748 --> 00:56:19,084
Oh, I don't think
about it much now.
1089
00:56:19,125 --> 00:56:22,629
And I rarely heard you talk
about it until this--
1090
00:56:22,670 --> 00:56:26,049
this idea of changing
the family tree seemed possible.
1091
00:56:26,091 --> 00:56:30,220
Meaning I'm fine
just the way we are.
1092
00:56:30,261 --> 00:56:33,014
But what if you got the money
out of your head
1093
00:56:33,056 --> 00:56:35,058
and made the right decision?
1094
00:56:35,100 --> 00:56:37,143
For the guy? For the team?
1095
00:56:37,185 --> 00:56:39,229
For everyone
who deals with them?
1096
00:56:39,270 --> 00:56:41,231
Because if you don't,
1097
00:56:41,272 --> 00:56:44,609
I don't want to see you
carrying that around.
1098
00:56:49,739 --> 00:56:51,574
Hey, Bill, they should have
water out there for us.
1099
00:56:51,616 --> 00:56:53,326
But you want
anything else to drink?
1100
00:56:53,368 --> 00:56:55,328
-You want a soda or something?
-Water sounds just fine.
1101
00:56:55,370 --> 00:56:57,330
-Thanks, Mike.
-How about any, uh,
1102
00:56:57,372 --> 00:56:59,582
specific questions
you want me to ask you?
1103
00:57:02,043 --> 00:57:04,921
I think whatever you throw out
at me will be fine, yeah.
1104
00:57:07,674 --> 00:57:10,051
TK, Gurley's panel's up.
1105
00:57:10,093 --> 00:57:11,678
Oh, yeah.
1106
00:57:11,719 --> 00:57:13,138
Think I mentioned the raise.
1107
00:57:14,180 --> 00:57:15,682
[cell phone pings]
1108
00:57:15,723 --> 00:57:17,434
All right, it's about that time.
Are you ready?
1109
00:57:17,475 --> 00:57:19,769
-Yeah.
-All right, let's do it.
1110
00:57:22,230 --> 00:57:25,150
You know, uh,
come to think of it, uh, Mike...
1111
00:57:27,569 --> 00:57:29,696
yeah, there is.
1112
00:57:29,737 --> 00:57:32,949
[applause on TV]
1113
00:57:32,991 --> 00:57:35,160
[Isaac] Bill, I got one
last question for you.
1114
00:57:35,201 --> 00:57:37,454
Do you think we're in
a tech bubble?
1115
00:57:40,915 --> 00:57:43,084
I think that we're in
a risk bubble.
1116
00:57:43,126 --> 00:57:45,628
Uh, especially with these, uh...
1117
00:57:45,670 --> 00:57:47,213
these so-called unicorns.
1118
00:57:49,340 --> 00:57:51,468
Except for your one
true unicorn, right, Bill?
1119
00:57:51,509 --> 00:57:56,806
We've flushed an excessive
amount of money onto them,
1120
00:57:56,848 --> 00:57:58,475
and they, uh--
1121
00:57:58,516 --> 00:58:01,644
Well, a lot of them,
including some favorites of mine
1122
00:58:01,686 --> 00:58:03,980
are, uh, acting, uh...
1123
00:58:05,231 --> 00:58:07,442
irrationally.
1124
00:58:07,484 --> 00:58:09,110
Warren Buffett has a--
1125
00:58:09,152 --> 00:58:10,612
has a great saying.
1126
00:58:10,653 --> 00:58:12,280
"Be fearful
when others are greedy,
1127
00:58:12,322 --> 00:58:14,073
and be greedy
when others are fearful."
1128
00:58:14,115 --> 00:58:16,701
I'm not here to accuse anyone
of being greedy.
1129
00:58:16,743 --> 00:58:20,788
But there is nowhere near
enough fear
1130
00:58:20,830 --> 00:58:22,499
in Silicon Valley right now.
1131
00:58:22,540 --> 00:58:27,670
And I think you will see
some dead unicorns this year.
1132
00:58:27,712 --> 00:58:29,589
[Isaac] There you have it,
ladies and gentlemen.
1133
00:58:29,631 --> 00:58:31,841
-Bill Gurley.
-[applause]
1134
00:58:35,386 --> 00:58:36,679
What the fuck was that?
1135
00:58:39,182 --> 00:58:41,017
[inaudible]
1136
00:58:47,857 --> 00:58:50,985
"Dead unicorns." What, is he
sending a coded fucking message?
1137
00:58:51,027 --> 00:58:54,364
Okay, we just raised
a crazy successful round.
1138
00:58:54,405 --> 00:58:56,866
We basically destroyed
our nearest rival,
1139
00:58:56,908 --> 00:58:58,701
and that's his fucking response?
1140
00:58:58,743 --> 00:59:00,036
I guess it was.
1141
00:59:02,539 --> 00:59:04,832
All right, he wants to play
with fucking baseball bats.
1142
00:59:04,874 --> 00:59:06,584
Let's play with bats.
1143
00:59:06,626 --> 00:59:09,170
Penny, I need a sit-down
with Bill Gurley
1144
00:59:09,212 --> 00:59:11,005
as soon as he is fucking back.
1145
00:59:11,047 --> 00:59:12,465
And get me building security.
1146
00:59:25,770 --> 00:59:29,607
The waiting drove me mad
1147
00:59:29,649 --> 00:59:33,486
You're finally here
And I'm a mess
1148
00:59:33,528 --> 00:59:36,573
I take your entrance back
1149
00:59:36,614 --> 00:59:41,244
Can't let you
Roam inside my head
1150
00:59:41,286 --> 00:59:44,831
I don't want to take
What you can give
1151
00:59:44,872 --> 00:59:48,334
I would rather starve
Than eat your bread
1152
00:59:48,376 --> 00:59:52,255
I would rather run
But I can't walk
1153
00:59:52,297 --> 00:59:56,676
Guess I'll lay alone
Just like before
1154
01:00:13,151 --> 01:00:17,363
I'll take
The varmint's path
1155
01:00:17,405 --> 01:00:21,034
Oh, and I must
Refuse your test
1156
01:00:21,075 --> 01:00:22,577
Shit.
1157
01:00:22,619 --> 01:00:25,079
And I will resist
1158
01:00:25,121 --> 01:00:28,625
This behavior's not unique
1159
01:00:28,666 --> 01:00:32,629
I don't want to hear
From those who know
1160
01:00:32,670 --> 01:00:36,299
They can buy
But can't put on my clothes
1161
01:00:36,341 --> 01:00:39,636
I don't want to limp
For them to walk
1162
01:00:39,677 --> 01:00:43,264
Never would have known
Of me before
1163
01:00:43,306 --> 01:00:46,976
I don't want to be held
In your debt
1164
01:00:47,018 --> 01:00:50,813
I'll pay it off in blood
Let I be wed
1165
01:00:50,855 --> 01:00:54,776
I'm already cut up
And half dead
1166
01:00:54,817 --> 01:00:58,404
I'll end up alone
Like I began
1167
01:01:12,627 --> 01:01:17,507
Everything has chains,
Absolutely...
139939
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