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Travis Kalanick on starting over after Uber: "I acquired CloudKitchens, partnered with a buddy of mine, Diego. There were six people in the company that I acquired." "You gotta think, the last all-hands I did had 20,000 people. The next all-hands I did had six. And I stood in... show more

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Travis Kalanick on the Uber Series B that got away: "I'm never in a place where I'm negotiating with somebody where I'm here and they're here, and we meet in the middle. I'm always saying, it's at least this, and it can go up." "It's a little bit crass, let's just say, but that's how I was wired back in the day." "I had a high momentum deal. It went all the way to the top. I auctioned it, cleared the market, and the bottom came out from it." "It was super awkward and weird. You lose credibility in that moment. And I built it back up." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on the Uber Series B that got away: "I'm never in a place where I'm negotiating with somebody where I'm here and they're here, and we meet in the middle. I'm always saying, it's at least this, and it can go up." "It's a little bit crass, let's just say, but that's how I was wired back in the day." "I had a high momentum deal. It went all the way to the top. I auctioned it, cleared the market, and the bottom came out from it." "It was super awkward and weird. You lose credibility in that moment. And I built it back up." travis kalanick benahorowitz.eth Erik Torenberg

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Travis Kalanick on the Uber program that had to be renamed: "We would recruit the drivers on Lyft to bring them over to Uber, so that it was hard for Lyft to build supply." "We would aggressively do it, and we had a program for it internally, which we called shoplifting." "Then I had antitrust training. At the time I'm this small startup kid. I'm like, 'Antitrust? What the hell is that? I can't wait to have that problem.'" "They're like, 'Look, the way you call projects, it has to be appropriate for a 10-year-old basketball team.'" "So it went from shoplifting to the North American Championship Series. We called it the NACS." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on the Uber program that had to be renamed: "We would recruit the drivers on Lyft to bring them over to Uber, so that it was hard for Lyft to build supply." "We would aggressively do it, and we had a program for it internally, which we called shoplifting." "Then I had antitrust training. At the time I'm this small startup kid. I'm like, 'Antitrust? What the hell is that? I can't wait to have that problem.'" "They're like, 'Look, the way you call projects, it has to be appropriate for a 10-year-old basketball team.'" "So it went from shoplifting to the North American Championship Series. We called it the NACS." travis kalanick benahorowitz.eth Erik Torenberg

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Travis Kalanick and Ben Horowitz on the cultural advantage to building in stealth: "There's a humility thing to it, an anti-fame thing. Everybody in your company gets fulfillment from the work they do every day, not because they're gonna get famous." "You start making decisions based on external validation versus internal correctness. I wanted to build without worrying about what The New York Times was saying." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick and Ben Horowitz on the cultural advantage to building in stealth: "There's a humility thing to it, an anti-fame thing. Everybody in your company gets fulfillment from the work they do every day, not because they're gonna get famous." "You start making decisions based on external validation versus internal correctness. I wanted to build without worrying about what The New York Times was saying." travis kalanick benahorowitz.eth Erik Torenberg

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46,319 Aufrufe • vor 28 Tagen

Ben Horowitz on what made Travis different as Uber scaled to thousands of employees: "There was nobody in Uber that didn't feel Travis. You talk to people there and they all refer to him. This company was, what, 10,000, 20,000 people? And everybody is like, oh yeah, we're in the Travis review, or when I talk to Travis." "To have that kind of presence at that scale is something not a lot of founders can do at that kind of turn-up intensity." "If you look at the way he thinks about problems, confrontations, getting out of a hole, how do you get to the future, we're talking about one of a very, very few founders that exist in reality." benahorowitz.eth travis kalanick

Ben Horowitz on what made Travis different as Uber scaled to thousands of employees: "There was nobody in Uber that didn't feel Travis. You talk to people there and they all refer to him. This company was, what, 10,000, 20,000 people? And everybody is like, oh yeah, we're in the Travis review, or when I talk to Travis." "To have that kind of presence at that scale is something not a lot of founders can do at that kind of turn-up intensity." "If you look at the way he thinks about problems, confrontations, getting out of a hole, how do you get to the future, we're talking about one of a very, very few founders that exist in reality." benahorowitz.eth travis kalanick

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Travis Kalanick on how one product becomes ten: "The only constraint to your imagination is management capacity." "How did AWS happen? It literally had nothing to do with a bookstore." "Once you get the beachhead and it's working, you can start. Uber Rides, then it's Uber Eats, then it's Uber Autonomy, then it's Uber Freight, then it's Uber AI Labs." "You can start letting your imagination do really interesting things. Where you start matters." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on how one product becomes ten: "The only constraint to your imagination is management capacity." "How did AWS happen? It literally had nothing to do with a bookstore." "Once you get the beachhead and it's working, you can start. Uber Rides, then it's Uber Eats, then it's Uber Autonomy, then it's Uber Freight, then it's Uber AI Labs." "You can start letting your imagination do really interesting things. Where you start matters." travis kalanick benahorowitz.eth Erik Torenberg

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120,191 Aufrufe • vor 27 Tagen

Travis Kalanick on the regulatory fight entrepreneurs face today and faced 150 years ago: "Once the bits start controlling atoms in the physical world, the regulators are in the game big time." "When in the past have we seen something like this?" "If you start studying the Second Industrial Revolution, there are so many parallels between the Carnegies, the Rockefellers, the Fricks, the Fords." "What those guys had to deal with in that massive rapid change." "There's a very interesting parallel to what's happening, slash about to happen now." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on the regulatory fight entrepreneurs face today and faced 150 years ago: "Once the bits start controlling atoms in the physical world, the regulators are in the game big time." "When in the past have we seen something like this?" "If you start studying the Second Industrial Revolution, there are so many parallels between the Carnegies, the Rockefellers, the Fricks, the Fords." "What those guys had to deal with in that massive rapid change." "There's a very interesting parallel to what's happening, slash about to happen now." travis kalanick benahorowitz.eth Erik Torenberg

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Travis Kalanick says founders should date ideas before committing to them: "I have lots of ideas all the time. I'm an idea factory. But other people have great ideas, too." "I like to say, you go out on a date with the idea. Was it a good date? Did it go well? How did you and the idea get along?" "Who you are is going to be a big part of which idea works for you... Be in touch with who you are, and then when the right idea comes your way, you just know." travis kalanick w/ David Senra

Travis Kalanick says founders should date ideas before committing to them: "I have lots of ideas all the time. I'm an idea factory. But other people have great ideas, too." "I like to say, you go out on a date with the idea. Was it a good date? Did it go well? How did you and the idea get along?" "Who you are is going to be a big part of which idea works for you... Be in touch with who you are, and then when the right idea comes your way, you just know." travis kalanick w/ David Senra

a16z

97,153 Aufrufe • vor 4 Tagen

Travis Kalanick's rule for pacing a company's ambition: "I'm constantly creating problems. 'Hey, let's do Uber in China.' And you don't have a full understanding of that problem when you create it. If you create a problem, you have to solve it." "I have this framework I call the meta problem. The derivative of your problem creation must be less than or equal to the derivative of your problem solving." "If it's not, you have a real problem. You're underwater." "You're guessing at what your capacity is to solve problems, and you're guessing six months, 12, 18 months ahead. When you get it really wrong, you must stop all problem creation so that you can get back above water." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick's rule for pacing a company's ambition: "I'm constantly creating problems. 'Hey, let's do Uber in China.' And you don't have a full understanding of that problem when you create it. If you create a problem, you have to solve it." "I have this framework I call the meta problem. The derivative of your problem creation must be less than or equal to the derivative of your problem solving." "If it's not, you have a real problem. You're underwater." "You're guessing at what your capacity is to solve problems, and you're guessing six months, 12, 18 months ahead. When you get it really wrong, you must stop all problem creation so that you can get back above water." travis kalanick benahorowitz.eth Erik Torenberg

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Travis Kalanick showed up to fundraise for several stealth companies at once. Ben Horowitz only needed to check one thing: Ben: "The other thing that I learned was he was still Travis. He hadn't turned into... He wasn't living his best life. He wasn't doing that. I was at conviction very fast." Travis: "We actually had separate companies going. So when I went to do the fundraise, I showed up at a16z like the guy with a trench coat with a bunch of watches saying, 'You want a watch? Which watch would you like? I got lots of stuff. Do you want some food stuff? I've got some mining stuff.'" "They're like, 'We just want the stuff.' And we heard that from the first few people we talked to... I had to merge separate entities with different investors and put it together." "You see some of the things with Elon, and he's starting to put the pieces back together... He was managing five or six or seven different companies. So I was really trying to put it together under a single roof." benahorowitz.eth travis kalanick

Travis Kalanick showed up to fundraise for several stealth companies at once. Ben Horowitz only needed to check one thing: Ben: "The other thing that I learned was he was still Travis. He hadn't turned into... He wasn't living his best life. He wasn't doing that. I was at conviction very fast." Travis: "We actually had separate companies going. So when I went to do the fundraise, I showed up at a16z like the guy with a trench coat with a bunch of watches saying, 'You want a watch? Which watch would you like? I got lots of stuff. Do you want some food stuff? I've got some mining stuff.'" "They're like, 'We just want the stuff.' And we heard that from the first few people we talked to... I had to merge separate entities with different investors and put it together." "You see some of the things with Elon, and he's starting to put the pieces back together... He was managing five or six or seven different companies. So I was really trying to put it together under a single roof." benahorowitz.eth travis kalanick

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Travis Kalanick on making meal delivery as cheap as groceries: "Can you make the preparation and delivery of a quality meal so efficient that it approaches the cost of going to the grocery store?" "If it does, you do to the kitchen what Uber did to the car." "In 20 years, there will be a suite of robotics that will make higher quality meals, they will be doing a better job than any of us could do." "We are going to have autonomous burritos. Boxes on wheels that hold food at temperature that come to your house." "All of the sudden you've got an $8 or $10 meal that's delivered to you all in." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on making meal delivery as cheap as groceries: "Can you make the preparation and delivery of a quality meal so efficient that it approaches the cost of going to the grocery store?" "If it does, you do to the kitchen what Uber did to the car." "In 20 years, there will be a suite of robotics that will make higher quality meals, they will be doing a better job than any of us could do." "We are going to have autonomous burritos. Boxes on wheels that hold food at temperature that come to your house." "All of the sudden you've got an $8 or $10 meal that's delivered to you all in." travis kalanick benahorowitz.eth Erik Torenberg

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126,157 Aufrufe • vor 1 Monat

Travis Kalanick on how CloudKitchens stayed stealth for years: "The media doesn't want to cover a story because it's so hard to discuss a thing that has a gap a few years before it." "It's easier to be stealth over time because even if somebody tries to leak, nobody even knows what to do with it." "We did crazy stuff. People know it as CloudKitchens in the US, but it's Cocinas Ocultas in Latin America." "We have Kitchen Valley in Korea. We have Flash Kitchen and three other names in China. We have Foodstars in London. I think it's Kitchen Park in the Middle East." "It was very hard to connect the dots." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on how CloudKitchens stayed stealth for years: "The media doesn't want to cover a story because it's so hard to discuss a thing that has a gap a few years before it." "It's easier to be stealth over time because even if somebody tries to leak, nobody even knows what to do with it." "We did crazy stuff. People know it as CloudKitchens in the US, but it's Cocinas Ocultas in Latin America." "We have Kitchen Valley in Korea. We have Flash Kitchen and three other names in China. We have Foodstars in London. I think it's Kitchen Park in the Middle East." "It was very hard to connect the dots." travis kalanick benahorowitz.eth Erik Torenberg

a16z

68,214 Aufrufe • vor 25 Tagen

Travis Kalanick on what makes an idea worth betting on: "Sometimes you have ideas. Sometimes ideas come to you. But if it's meant to be your soulmate, you know it when you see it." "Complexity is interesting to me. Things that are not sexy on the surface is also weirdly interesting." "Especially if you can see that it's sexy but people don't understand yet." "That's where the sparkle in your eye, you kinda go, 'You don't see what I see, and I'm pretty sure I'm right'. And that's the fun part." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on what makes an idea worth betting on: "Sometimes you have ideas. Sometimes ideas come to you. But if it's meant to be your soulmate, you know it when you see it." "Complexity is interesting to me. Things that are not sexy on the surface is also weirdly interesting." "Especially if you can see that it's sexy but people don't understand yet." "That's where the sparkle in your eye, you kinda go, 'You don't see what I see, and I'm pretty sure I'm right'. And that's the fun part." travis kalanick benahorowitz.eth Erik Torenberg

a16z

51,309 Aufrufe • vor 25 Tagen

Travis Kalanick on the physical world as an atoms-based computer: "The vision for digitizing the physical world for me started at Uber. Treating atoms like bits started at Uber. It was sci-fi at one point. You would touch glass and a car would come to you." "CPU manipulates bits. What manipulates atoms? That's manufacturing. Storage stores bits. What stores atoms? That's real estate. Network moves bits from point A to point B. What moves atoms? That's transport." "That 10,000 square foot facility, I call it a 10,000 square foot semiconductor. It's a 30-core processor, 30 kitchens. They're computing atoms, not bits." travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick on the physical world as an atoms-based computer: "The vision for digitizing the physical world for me started at Uber. Treating atoms like bits started at Uber. It was sci-fi at one point. You would touch glass and a car would come to you." "CPU manipulates bits. What manipulates atoms? That's manufacturing. Storage stores bits. What stores atoms? That's real estate. Network moves bits from point A to point B. What moves atoms? That's transport." "That 10,000 square foot facility, I call it a 10,000 square foot semiconductor. It's a 30-core processor, 30 kitchens. They're computing atoms, not bits." travis kalanick benahorowitz.eth Erik Torenberg

a16z

43,584 Aufrufe • vor 1 Monat

Ben Horowitz says the difference between a great idea and a great company is the entrepreneur: "If you look at Tesla, what you would see is big oil, big auto, big government, were never going to let that happen." "They would kill you. But the reality is, Elon Musk, he's hard to kill. He by himself kind of decarbonized the American auto industry, which is unbelievable in retrospect." "If you listen to the politicians now, they're like 'oh, he didn't build Tesla, he just struck a gold mine and is pulling the gold out, all the people built it.'" "Why didn't all those people build another Tesla? Because there's only one non-fungible, very rare person in that equation who could do that. That's why there's only one SpaceX." travis kalanick benahorowitz.eth Erik Torenberg

Ben Horowitz says the difference between a great idea and a great company is the entrepreneur: "If you look at Tesla, what you would see is big oil, big auto, big government, were never going to let that happen." "They would kill you. But the reality is, Elon Musk, he's hard to kill. He by himself kind of decarbonized the American auto industry, which is unbelievable in retrospect." "If you listen to the politicians now, they're like 'oh, he didn't build Tesla, he just struck a gold mine and is pulling the gold out, all the people built it.'" "Why didn't all those people build another Tesla? Because there's only one non-fungible, very rare person in that equation who could do that. That's why there's only one SpaceX." travis kalanick benahorowitz.eth Erik Torenberg

a16z

185,615 Aufrufe • vor 1 Monat

Travis Kalanick is back. After 8 years of building in stealth, he joins Ben Horowitz and Erik Torenberg to tell the story of his latest company, Atoms, and its vision to digitize the physical world one industry at a time: 01:32 The a16z & Uber backstory 15:36 Different companies, different rules 21:13 CloudKitchens origins 27:13 An $8 meal delivery 31:58 Building in private 34:59 Computing atoms, not bits 42:54 Autonomous mining 49:02 Ideas are cheap, founders are rare 56:21 From 20,000 employees to 6 1:00:32 Why food came first 1:10:40 Entering a new industry 1:20:21 Parallels to the Industrial Revolution 1:28:26 Who Travis is hiring travis kalanick benahorowitz.eth Erik Torenberg

Travis Kalanick is back. After 8 years of building in stealth, he joins Ben Horowitz and Erik Torenberg to tell the story of his latest company, Atoms, and its vision to digitize the physical world one industry at a time: 01:32 The a16z & Uber backstory 15:36 Different companies, different rules 21:13 CloudKitchens origins 27:13 An $8 meal delivery 31:58 Building in private 34:59 Computing atoms, not bits 42:54 Autonomous mining 49:02 Ideas are cheap, founders are rare 56:21 From 20,000 employees to 6 1:00:32 Why food came first 1:10:40 Entering a new industry 1:20:21 Parallels to the Industrial Revolution 1:28:26 Who Travis is hiring travis kalanick benahorowitz.eth Erik Torenberg

a16z

563,633 Aufrufe • vor 1 Monat

Travis Kalanick on launching Atoms & building a team that can take on three industries at once: "It's those epic leaders that can inspire their team to just go above and beyond and make magic." "No matter where you are as an entrepreneur, the talent game is the game." "When you multiply the industries by three, we're back in the flow. And because we were stealth for so long, we weren't in the flow. We were cold calling everybody." "One of the beautiful things about us being back out there is, okay, we can now have a place for people to understand who we are, what we're about, and I can start putting teams together that can be out there in a very public way." travis kalanick Erik Torenberg

Travis Kalanick on launching Atoms & building a team that can take on three industries at once: "It's those epic leaders that can inspire their team to just go above and beyond and make magic." "No matter where you are as an entrepreneur, the talent game is the game." "When you multiply the industries by three, we're back in the flow. And because we were stealth for so long, we weren't in the flow. We were cold calling everybody." "One of the beautiful things about us being back out there is, okay, we can now have a place for people to understand who we are, what we're about, and I can start putting teams together that can be out there in a very public way." travis kalanick Erik Torenberg

a16z

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Travis Kalanick: “I was running a $70 billion company the way somebody who thought he was going to starve next week would run it." "Every decision I made at Uber, I defend to this day. Never had chalk on my shoe.“ “The problem was I ran too close to the line in too many situations. When you're big and important, the scrutiny and expectation is that you don't run that close to the line, even if it's correct. That is a thing I definitely did not understand.” “It comes from what I did before Uber. First four years, no salary, ran out of money several times, super grind, lose all friends. The non-luckiest entrepreneur journey of all time.” “It was so hard that I had to be epically precise and hardcore just to pay the bills and go to the grocery store next week. And that precision and intensity made Uber what it was.”

Travis Kalanick: “I was running a $70 billion company the way somebody who thought he was going to starve next week would run it." "Every decision I made at Uber, I defend to this day. Never had chalk on my shoe.“ “The problem was I ran too close to the line in too many situations. When you're big and important, the scrutiny and expectation is that you don't run that close to the line, even if it's correct. That is a thing I definitely did not understand.” “It comes from what I did before Uber. First four years, no salary, ran out of money several times, super grind, lose all friends. The non-luckiest entrepreneur journey of all time.” “It was so hard that I had to be epically precise and hardcore just to pay the bills and go to the grocery store next week. And that precision and intensity made Uber what it was.”

dnap

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Travis Kalanick says new media is why he's back after eight years of silence: "The media landscape 10 years ago, 90% of what was said was very negative. Business had become politics, and we didn't know it... If it bleeds, it leads, right?" "Now the media landscape is like, 'yeah, you don't have to talk to those guys.' You can go and talk to a David Senra. You can go and talk to Joe Rogan or name your guy, and you can say what you need to say." "Elon buying Twitter is the beginning of us being able to speak our minds and for disagreeing to not be illegal. That's a big deal. We should all thank Elon for that." "I want to build. I want to not think about what The New York Times is writing when I make decisions about what I build. I had to emulate what it's like being a capitalist in Russia... and that's what I did for eight years." travis kalanick

Travis Kalanick says new media is why he's back after eight years of silence: "The media landscape 10 years ago, 90% of what was said was very negative. Business had become politics, and we didn't know it... If it bleeds, it leads, right?" "Now the media landscape is like, 'yeah, you don't have to talk to those guys.' You can go and talk to a David Senra. You can go and talk to Joe Rogan or name your guy, and you can say what you need to say." "Elon buying Twitter is the beginning of us being able to speak our minds and for disagreeing to not be illegal. That's a big deal. We should all thank Elon for that." "I want to build. I want to not think about what The New York Times is writing when I make decisions about what I build. I had to emulate what it's like being a capitalist in Russia... and that's what I did for eight years." travis kalanick

a16z

1,087,150 Aufrufe • vor 7 Tagen

🚨Travis Kalanick: Consumer software CEOs are freaking out about what to do when AI agents take over. travis kalanick: "As you guys know, I've been spending my time on real estate, and construction, and robotics." "And so I've been out of this kind of consumer software game for a long time." "But it's super interesting, over the last six months, there have been a number of consumer software CEOs, when I hang out with them or whatever, they're like, 'How are we gonna keep doing what we do when the agents take over?'" @jason: "The paradigm shift is so profound that the idea that you would visit a webpage goes away and you're just in a chat dialog?" Travis: "Every consumer software CEO that has an app in the App Store is tripping. They're tripping right now." "And I mean big boys, I mean guys with real stuff." "And sometimes I'm doing almost like therapy sessions with them." "I'm like, 'It's gonna be fine. You actually have stuff, you have a moat, you have real stuff that's of value. They can't replace it with an agent.'" Jason: "So you're lying to them. You're doing hospice care, and you're telling them everything's gonna be okay?" Travis: "There's certain things that are protected and there's certain things that aren't. That's all."

🚨Travis Kalanick: Consumer software CEOs are freaking out about what to do when AI agents take over. travis kalanick: "As you guys know, I've been spending my time on real estate, and construction, and robotics." "And so I've been out of this kind of consumer software game for a long time." "But it's super interesting, over the last six months, there have been a number of consumer software CEOs, when I hang out with them or whatever, they're like, 'How are we gonna keep doing what we do when the agents take over?'" @jason: "The paradigm shift is so profound that the idea that you would visit a webpage goes away and you're just in a chat dialog?" Travis: "Every consumer software CEO that has an app in the App Store is tripping. They're tripping right now." "And I mean big boys, I mean guys with real stuff." "And sometimes I'm doing almost like therapy sessions with them." "I'm like, 'It's gonna be fine. You actually have stuff, you have a moat, you have real stuff that's of value. They can't replace it with an agent.'" Jason: "So you're lying to them. You're doing hospice care, and you're telling them everything's gonna be okay?" Travis: "There's certain things that are protected and there's certain things that aren't. That's all."

The All-In Podcast

360,012 Aufrufe • vor 1 Jahr