That's some runway. I'd love to know what that $1B goes on for a business that produces software and hosts it on commodity servers? Acquisitions? World wide advertising campaign? Liquidity for original investors?
A year ago airbnb was a site I'd heard of because of HN. Now friends all over the UK are familiar and use it. Phenomenal growth, off the back of such a simple idea.
It might not be that much of a runway. I'm not sure how many employees Uber has but Crunchbase says between 1k and 5k. If that is close to the top estimate and their cost per employee is near 200k then a billion dollars may end up being less than a year of runway when you factor in marketing costs and anything else.
A year ago airbnb was a site I'd heard of because of HN. Now friends all over the UK are familiar and use it. Phenomenal growth, off the back of such a simple idea.
Kudos for executing it!