Uber valuation of 18.2 billion dollars, subversive entrepreneur Karanik How to do it?

Intermediary transaction SEO diagnosis Taobao guest Cloud host technology Hall

I dark Horse: To some extent, Uber and domestic drip, fast, in the service model is somewhat similar, but the latter is connected with taxi drivers and passengers, and Uber interface between the main private car owners and passengers. The establishment of the five-year Uber has completed the D-round of a total of 1.2 billion U.S. dollars of financing, valued as high as 18.2 billion U.S. dollars. Travis Kalanick, founder and CEO Travis Karanik, is likely to take this sky-high valuation to the tech billionaire list.

BlackRock (Blackrock), Fidelity Investment Group (Fidelity Investments), Wellington Management Company (Wellington Management), Google venture capital (Google Ventures), Kaili China Risk Fund (Kleiner), Monroe Venture (Menlo Ventures) and Peak Partnership (Summit Partners)--as of this June, the world's leading global investment agencies have been "condescended" to share the identity of--uber shareholders.

Uber, a San Francisco auto service company, has built an app to connect owners and passengers who are interested in providing car or carpool services. More than 5 years since its inception, the popularity of this service is much greater than many people expect. According to the latest news, Uber, which has the above shareholders, has completed a total of $1.2 billion trillion in funding for the D round, valued at $18.2 billion.

Uber founder and CEO Travis Karanik (Travis Kalanick), is likely to use this sky-high valuation, a swoop into the scientific and technological billionaires list.

"At least on the book." Forbes predicts that Karanik can sit on $1 billion worth of personal assets by only 5.49% per cent of Uber companies valued at $18.2 billion trillion. The founder, who has never sold shares in the company, is known to hold at least 10% per cent of the Uber company. That means it's worth about 2 billion dollars.

Intruder Uber

To some extent, Uber and the domestic drip, fast, in the service model is somewhat similar, but the latter is connected with taxi drivers and passengers, and Uber interface between the main private car owners and passengers.

Open the Uber app, enter your name, contact information, credit card info, etc. to establish your personal account. Depending on where you are, this app will automatically locate your car with a car in your neighborhood. After the receipt of a car, you can track its location on the map, but also according to Uber to provide you with the owner information, with the driver to get in touch. When getting off the bus, the fare and tip can be completed directly by credit card.

By Uber call a car, usually a little more than the general rental, as a commission for Uber. But will it be worth it to save time and better ride service? What's more, this is a few dollars, it may let you sit on the Mercedes-Benz, Audi such high-end private cars; If you are lucky, who knows if Lamborghini owners are also using Uber to make a little money in their spare time?

Silicon Valley is so magical. Many technology entrepreneurs here put forward new ideas, not all rely on High-tech Drive, and win in service innovation. Karanik's Uber belong to the company--registered as its driver, private car owners can earn extra money anytime, anywhere, they provide carpool, car rental services, but also to many car-free families to bring convenience; Uber a certain commission, starting 3 years, the annual revenue will be as high as 125 million U.S. dollars. Three wins.

In 2009, Karanik set up Uber in San Francisco, which was originally a limousine service, and gradually offered some cheap services, including ordinary scooters and even taxis. At first, Uber, with limited total user capacity, would not pose any threat to the taxi company, but who would have thought that Uber had been stationed in more than 140 cities in the world today with hundreds of thousands of drivers? The impact on the rental industry is self-evident.

In November 2011, Uber's new investment, from Monroe and Goldman Sachs, was valued at only $330 million trillion, 10 times-fold after two years, and a year later, the figure has become 18.2 billion dollars. "Uber offers not just travel services, it is the intersection of lifestyle and transportation." Karanik is familiar with "internet thinking".

Subversive entrepreneur

Karanik is nothing like the standard Silicon Valley entrepreneur. The latter many to jobs as the benchmark, black frame glasses, t-shirts, jeans, sometimes slovenly, from the inside out of the thick of the geek breath. Zuckerberg, Larry Page and Sergey are all examples.

Karanik is different, to attend various occasions with a fit suit appeared in public. Not only without programmer quality, but rather as a shrewd and skilful professional manager.

But he's a real Silicon Valley kid--born in Los Angeles, programmed at the age of 12, studied at the University of California, Los Angeles Computer Engineering, and, at the senior year, dropped out of school and started a business.

1998 is still in the traditional internet age, Karanik and the classmate co-founded a Web site, for users to exchange their own music and movies and other entertainment resources, this site was named scour. In the US market with a strong sense of copyright protection, scour was confronted with a boycott once it was launched. No doubt, the purchase of genuine works of the users, the people to provide free piracy, although convenient for each other, but obviously illegal. More than 30 large film and music companies filed tort charges against Karanik, demanding compensation of USD 250 billion. He and his classmates were forced to sell the company and declare bankruptcy.

Three years later, Karanik a comeback, with scour of the original class technology to set up a new company Redswoosh. Its service mode is similar to scour, providing point-to-point file sharing service, using improved bandwidth efficiency, to help users complete the transmission and transaction of large media files. But unlike scour, redswoosh avoids legal risks. 2007, Redswoosh by Akamai Technologies company to buy 19 million dollars. Karanik became a multimillionaire, that year, he was 31 years old.

For the serial entrepreneur, this is a good omen, Redswoosh achievement Karanik small test, let him have a venture capital. More importantly, he has further strengthened his belief in starting a business: The new service will subvert the existing patterns and patterns, do not fear to be a challenger.

These experiences and beliefs directly bred the birth of the 2009-year uber-the year of March, Karanik with friends Garrett Camp in San Francisco to set up Uber call car service company.

Unsurprisingly, just 4 months later, they were San Francisco by the government to suspend operations. The reasons include "no review of fees and charges", "no uniform standard colour for vehicles", "unlicensed driver training and licensing" and "no corresponding insurance purchase".

But there have been two previous "marginal entrepreneurship" experience Karanik, not that the above reasons can prove Uber illegal, on the contrary, can prove that Uber innovation-because the service model is too new, so that has not been included in the scope of censorship. His judgment was recognized by professional lawyers.

Uber began to unleash the power of the user to confront the administration. People who endorse the service model have voted for their petition to the mayor's mailbox, and this is the last time the orders were dismissed.

As you can imagine, the San Francisco battle is just the beginning, and with the expansion of Uber services, it has been blacklisted by a number of government and taxi companies, such as New York, Washington, Vancouver in Canada, London in Britain.

In June this year, Virginia State barred Uber from operating in the state on the grounds that it was "temporarily authorized" to impose a fine of $500 on Uber drivers who had been on the bus, and that 16 other states, including Nevada and Massachusetts, had insurance agencies claiming that Uber drivers ' insurance was not guaranteed, So they refused to fall into their business in those states.

It can be seen that the states oppose Uber for the same reasons, but Uber cannot always rely on their fans to come forward and settle the allegations. Fortunately, after 5 years of growth Uber has changed. Like many large companies and consortia, Karanik also hired his own lobbyists.

"The city government is only protecting the uncompetitive taxi operators in the area. "Karanik said. For these "weak" in the protection net, Uber is a menacing shark. The traditional Uber, before being effectively eaten away by the market share, felt the imminent threat, as the shark was constantly pounding the protective nets woven by the established rules.

State governments such as Colorado and the city of Boston are considering revising the existing taxi industry rules to suit the Uber of the Forces nouvelles. The more popular the Uber service, the more it stands. "said Arun Sundararajan, a professor at New York University Business School.

A start

True, the fact that Uber has resisted pressure from governments around the world to cover hundreds of thousands of drivers and has grown at a rate of 20,000 per month, and that it is astounding to take a commission based on 20% per cent of the total number of passengers paid in the last year, and Uber2013 net income of up to 220 million dollars in the year. But in the final analysis, Uber is just a call software, why sit for 18.2 billion of dollars of high valuations?

This also has to say from the Karanik "intersection" theory.

Since he built Uber, he has never seen his company as a software vehicle. "It's the ultimate ambition of Karanik to be able to meet their desires instantly when they need them, whether they're renting a car or something else." and call the car service, just a start. With this starting point, Uber can do a lot of things.

At the moment, the industry is generally optimistic about the potential of Uber in two major areas: one, will be called car service mode, copied to other transport, private aircraft and yachts, and the second, based on the sea and land and air in the trinity of the image of the Internet, it will be.

Many people have given a wealth of imagination: live in Chengxi you suddenly want to eat the east of a home snack, in Uber, just to Chengxi from the Chengdong to a private car owners, can stop to realize your wish, also by the way to earn a little extra money. And so on, from Beijing-Paris, private jets, luxury cruise ships, is expected to change your private courier.

This bold image of subversion of logistics and retailing is not a castle in the roof, in fact, the Uber team has already tried to use ice-cream carts to deliver ice cream to scheduled people, and to launch owners on Valentine's Day to help deliver roses.

"Uber is building a digital network that covers the coordinates of each city. "Its investors Shervin Pishevar this interpretation of the future of Uber:" Once the grid is set up, as a platform, Uber imagination is very large. ”

If you think the idea is still too far away, the prospect of a company that truly Uber182 billions of dollars and Karanik nearly 2 billion dollars is Uber into the Asian market.

2015, Asia will have one-fourth of the world's car ownership. China and India have great potential. Uber has now landed in four first-tier cities north of the country. Good grounding gas Karanik choose to cooperate with Chinese car rental companies to expand Uber business. Can he break the mantra that "the Silicon Valley visitors rarely play the Chinese market"? The high valuation of 18.2 billion dollars is undoubtedly a strong heart stitch.