It didn’t close the loop on the UX though (no payments), raised too little (<$1MM), had a wide city-wide focus and declined Bill Gurley!
Amazing to see multiple people converging on a similar solution to a problem.
Source: “Upstarts”
cc @IlyaAbyzov
“Upstarts” - by @BradStone
Chapter 3 - The Non-starters
Highly recommend
Impact of early deltas in decision-making are not apparent initially but compound massively later
This needs to be closely studied how despite being in SF with a 6 month-1 yr headstart over UberCab, they still missed out on a $100B+ market opportunity
Markets always win.
Sept 2, 2009:
nytimes.com/2009/09/03/tec…