Financing Your Next Startup As An Uber Driver – ReadWrite



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** Financing Your Next Startup As An Uber Driver **

Need funding for your next startup? Perhaps you should drive for Uber.

Matt Asay Author: Matt Asay Publish date: August 19, 2013 Section: Web
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Financing Your Next Startup As An Uber Driver

Have a cool startup idea, and want to get it funded? You could go the
traditional route, blindly sending your pitch deck to every VC in Silicon
Valley. Or you could follow investors on Twitter, hoping that through
casual badinage you can win the hearts (and eventually, the wallets) of
your startup's money source. 

Or maybe, just maybe, you should drive for Uber.

*UberX Lowers The Bar*

Yes, Uber, the popular mobile app that connects drivers with people who
need a lift. Founded in 2009 as UberCab, Uber has become the go-to app for
hailing a sedan in markets like San Francisco, New York City and London.
And while historically Uber operators have been commercial sedan drivers
filling time between jobs their employer provides them, Uber's introduction
of UberX in July 2012 has opened the service to cars and drivers of all

This means that not only will you be picked up in a Toyota Prius or
Volkswagen Jetta instead of a Lincoln Town Car, but you're also going to
have a non-commercially licensed driver.

*A Taxi Driver Who Really Isn't*

Like the driver who took me from Palo Alto to Mountain View for a lunch
meeting last week.

When I met my driver outside my office, I immediately said to him, "You
don't look like a taxi driver


Uber (company) - Wikipedia, the free encyclopedia


** Uber (company) **

From Wikipedia, the free encyclopedia
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Uber, Inc.
Uber logo
Type Private
Industry Transport
Founded March 2009
Founder(s) Garrett Camp, Travis Kalanick
Headquarters San Francisco, California, U.S.
Area served United States
Key people Travis Kalanick (CEO)
Services Vehicles for hire

*Uber* is a venture-funded startup and Transportation Network Company based
in San Francisco, California that makes a mobile application that connects
passengers with drivers of vehicles for hire.^[1] The company arranges
pickups in San Francisco Bay, Bangalore, New York City, Los Angeles,
Seattle, Chicago, Boston, Washington, D.C., Toronto, Johannesburg, Cape
Town, Lyon, Paris, Mexico City, Berlin, Philadelphia, Dallas, San Diego,
Amsterdam, Atlanta, Denver, Indianapolis, London, Melbourne,
Minneapolis–Saint Paul, Munich, Phoenix, Stockholm, Sydney, Baltimore,
Detroit, Milan, Sacramento, Rome, Taipei, Singapore, Zurich, Moscow and

Initially, Uber drivers had cars such as Lincoln Town Cars, Cadillac
Escalades, BMW 7 Series, and Mercedes-Benz S550 sedans.^[3] After 2012,
Uber added a wider selection of cars to market to a broader cross-section
of the market, called UberX.^[4] Cars are reserved by sending a text
message or by using a mobile app. Using the apps, customers can track their
reserved car's location.^[3]

As of 2012^[update], Uber had indicated it was planning to expand
operations to include non-taxi ridesharing.^[5]^[/full citation
needed/]^[6]^[/full citation needed/]


· 1 History
· 2 Regulatory opposition and approval
· 3 Pricing and payments
· 4 Reception
· 5 Promotions
· 6 References
· 7 External links


Uber was founded as UberCab by Garrett Camp, and Travis Kalanick in 2009.
The first prototype was developed by Garrett and Travis with help of Oscar
Salazar & Conrad Whelan, both friends of Garrett from grad school


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