For Your Own Good › Episode 114
How Uber Beat Lyft (And What Founders Can Learn) | Bradley Jacobs
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About this episode
Bradley Jacobs was one of Uber's earliest employees — and in this episode he breaks down the whole story. From the Wild West days of launching cities, crushing Lyft with 90% market share, to launching Uber Eats in Miami in record time and building Uber Freight to a $1 billion valuation. If you've ever wondered what really went on inside Uber, this is the episode. Topics covered: How Uber got 90% market share against Lyft The backpack full of iPhones story Launching Uber Eats Miami in 6 weeks Uber Freight's rise to $1 billion The ruthless culture of winning at all costs Sixth Summit: Join the waitlist at sixthsummit.io/hackathon and use the code FYOG Lodgify: Offering 20% off any of there yearly or bi-yearly plans until the end of July, using the code FYOG20 here #KassidyWarren https://www.instagram.com/kassidy.warren https://www.linkedin.com/in/kassidywarren #BradleyJacobs https://www.linkedin.com/in/bradley-r-jacobs/ Watch #ForYourOwnGood on YouTube: https://www.youtube.com/@KassidyWarren
Chapters
- 00:00 How Uber Got 90% Market Share Against Lyft
- 03:46 The Playbook Uber Used in Every Single Market
- 06:12 Drivers Were Lining Up Outside the Door
- 12:02 He Answered 500 Driver Emails a Week
- 14:48 6 Weeks to Launch Uber Eats Miami
- 19:45 No Task Is Too Small
- 23:34 Own It Like It's Yours
- 27:23 Uber Had Food in Drivers' Cars
- 30:38 Backpack Full of iPhones & $500 Cash
- 38:22 Launching Uber Eats in Europe at 26
- 47:47 I Wish I Had More Fun
- 51:59 What Happened with Uber Freight
- 01:04:49 Making More Than Uber & Still Terrified
- 01:11:32 Goals Are 2%. Process Is 98%.
The systems behind these conversations — the deal underwriting, the tax strategy, the operators doing it live — are in Escape Velocity.