Travis Kalanick

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.

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.

Well, look, I think this goes to some of the things that Shamath is saying, which is like if constraint is the mother of invention or whatever that euphemism is, the aphorism is, if that's the case, you get into a real weird spot when you get over- Capitalized.

Well, look, I think this goes to some of the things that Shamath is saying, which is like if constraint is the mother of invention or whatever that euphemism is, the aphorism is, if that's the case, you get into a real weird spot when you get over- Capitalized.

In the Uber model, the war was subsidizing rides for market share, essentially being the wrapper for transportation and using the parlance we were using earlier in this discussion. So it was necessary. You're screwed if you don't. The question is, do you get to this place of overcapitalized, too big, too bureaucratic, too loose, too weak, too soft?

In the Uber model, the war was subsidizing rides for market share, essentially being the wrapper for transportation and using the parlance we were using earlier in this discussion. So it was necessary. You're screwed if you don't. The question is, do you get to this place of overcapitalized, too big, too bureaucratic, too loose, too weak, too soft?

When you have an open source model that's very smart and it's a thousand flowers blooming, lots of innovation happening everywhere, could be an overwhelming force. Now, I think there's going to be different sectors treated different ways where like going full stack in certain industry sectors is going to matter.

When you have an open source model that's very smart and it's a thousand flowers blooming, lots of innovation happening everywhere, could be an overwhelming force. Now, I think there's going to be different sectors treated different ways where like going full stack in certain industry sectors is going to matter.

And then in other places having like a very sort of chaotic, everybody does a little slice. It's going to be okay in other places. And I think we could probably spend days or hundreds of dozens of hours just talking about the nuances there.

And then in other places having like a very sort of chaotic, everybody does a little slice. It's going to be okay in other places. And I think we could probably spend days or hundreds of dozens of hours just talking about the nuances there.