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The Vc Girl
Not a Vc Yet, just O...ย โขย 4m
Uberโs 2008 pitch deck raised $200K pre-product. Letโs break it down with real numbers & founder-level insight. { There were 5 more slides} Slides 1โ3:[Problem] โ US taxi market: $4.2B (2008). โ Key inefficiencies: 40% idle time, zero dispatch optimization, poor CX. โ Uber quantified pain before selling the dream. Slides 4โ7:[ Solution +Value] โ Riders: 1-tap convenience, avg 5 min pickup (vs 15โ20 for taxis) โ Drivers: 2x utilization, transparent payments โ Focused on system throughput, Slides 8โ10:[Product] Booking via SMS + web (before apps were mainstream) MVP = ops-heavy, not code-heavy โ Founders ran logistics manually to simulate scale. Slides 11โ16: [Ops + Revenue] Commission model: 20% cut Avg ride: $27 โ $5.40 to Uber Driver earnings projected 50% higher vs traditional taxi โ VCs saw a cash machine with every ride booked. Slides 17โ20: [Market & Expansion] SF = beachhead. NYC, LA next. TAM globally: $30B+ Focus on high-density metros for unit efficiency.
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