Travis Kalanick

like the stuff that's coming out now is stuff that existed three years ago, four years ago in China, maybe longer. So like eventually you cross that threshold of copying and you are innovating and then you're leading. And I think we see that in a whole bunch of different places.

Well, look, we Okay, so we got a couple things. So we have in every one of our facilities, and we've got, you know, hundreds of them will have lockers there.

Well, look, we Okay, so we got a couple things. So we have in every one of our facilities, and we've got, you know, hundreds of them will have lockers there.

So the courier then waves their phone in front of a camera, the right locker pops open, they get the food from there, and they go, the courier pickup is asynchronous from production of food, you know, you don't have lines anymore, there's no more lines, which then speeds up delivery, shortens the amount of time shortens is reduces how much money you spend on couriers.

So the courier then waves their phone in front of a camera, the right locker pops open, they get the food from there, and they go, the courier pickup is asynchronous from production of food, you know, you don't have lines anymore, there's no more lines, which then speeds up delivery, shortens the amount of time shortens is reduces how much money you spend on couriers.

And we've got a whole other thing. This doesn't work. It probably wouldn't work in China because, well, for a lot of reasons, but let me explain what it is. It's called Picnic, where if you are in an office building, you order food, you go to a website, you order whatever it is from 100 different restaurants. Those restaurants happen to be in my facilities.

And we've got a whole other thing. This doesn't work. It probably wouldn't work in China because, well, for a lot of reasons, but let me explain what it is. It's called Picnic, where if you are in an office building, you order food, you go to a website, you order whatever it is from 100 different restaurants. Those restaurants happen to be in my facilities.

There'll be one courier that goes to one of our facilities and picks up 50 orders at a time, brings it to an office, puts it, there's a shelf on every floor. You get notified when your food arrives, and it arrives the same time every day, and you just go to the shelf, get it on your floor, and dip it right back into your meeting.

There'll be one courier that goes to one of our facilities and picks up 50 orders at a time, brings it to an office, puts it, there's a shelf on every floor. You get notified when your food arrives, and it arrives the same time every day, and you just go to the shelf, get it on your floor, and dip it right back into your meeting.

Saving people time at the office, giving them selection on food, especially in food deserts, but even going, like there's a Sweetgreen right down there in my office right now, I can say 20 minutes by just using our own service versus doing that. And you get it at the same price because the courier economics, the courier is delivering 50 orders at a time. So courier costs go basically to zero.

Saving people time at the office, giving them selection on food, especially in food deserts, but even going, like there's a Sweetgreen right down there in my office right now, I can say 20 minutes by just using our own service versus doing that. And you get it at the same price because the courier economics, the courier is delivering 50 orders at a time. So courier costs go basically to zero.

Okay, so I need to bust a myth. I did not take money from Masa. So he begged me to take money for years and we did not take it because he is a – what's the word I'm looking for? I don't know. He's a promiscuous investor. So once he invests in you, you should probably count on him using your information and investing in all of your competitors. At least that's historically what he's done.

Okay, so I need to bust a myth. I did not take money from Masa. So he begged me to take money for years and we did not take it because he is a – what's the word I'm looking for? I don't know. He's a promiscuous investor. So once he invests in you, you should probably count on him using your information and investing in all of your competitors. At least that's historically what he's done.

So I didn't go there. But then he just kept investing in all my competitors and they kept subsidizing these markets. And then I'm like, maybe I should have just saturated, soaked up the money that was there.

So I didn't go there. But then he just kept investing in all my competitors and they kept subsidizing these markets. And then I'm like, maybe I should have just saturated, soaked up the money that was there.

So one of the things you should think about when you look at like, oh, is OpenAI taking a lot of money from a MASA type situation is it's a little bit of like a double-edged sword, is if you don't take that money, it goes somewhere else. But if you do take that money, just know that

So one of the things you should think about when you look at like, oh, is OpenAI taking a lot of money from a MASA type situation is it's a little bit of like a double-edged sword, is if you don't take that money, it goes somewhere else. But if you do take that money, just know that

Whatever intelligence they get when they go through the process of giving you the money and maybe hanging around the board or who knows what is going to be used to do other things. And that is the nature of the MASA machine. So you're damned if you do, damned if you don't. But you got to pick.

Whatever intelligence they get when they go through the process of giving you the money and maybe hanging around the board or who knows what is going to be used to do other things. And that is the nature of the MASA machine. So you're damned if you do, damned if you don't. But you got to pick.

And if the money's going and it's flowing and access to capital is a strategic competitive weapon or advantage, you must play ball. Yeah. Now, we did stuff with the Saudis before even Vision Fund existed. They stroked a $3.5 billion check when that was the biggest thing that ever happened. So we were okay with not having the MASA money, but that MASA money then went to all of our competitors.