UBER: Distribution is The King
It's still 50% discounted from the reasonable option value.
I met with Travis Kalanick on a panel at UCLA back in 2016.
He was still the CEO of Uber at the time, and he was answering questions ranging from entrepreneurship, corporate governance, how to build, how to scale, etc..
What stuck with me from that panel is how the UBER business model evolved over time. It didn’t happen. It happened because of a critical …