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Re:Before Growth by selestify on Friday January 15, 2016 @05:33PM (#10912777)
> Uber came out of the gate with war chests from investors

How the hell did Uber manage to convince investors to fund them so before they showed success?

Re:Before Growth by cookiecaper on Friday January 15, 2016 @05:37PM (#10912807)
There's nothing really technically special about Uber so I doubt that investors were lured by the strength of the proposal or anything like that. The founder of StumbleUpon was a co-founder, so it was most likely through his connections + track record, but I don't actually know the details (someone else here might). I would guess that it's just an accident of luck that Uber became Uber -- right time, right place, and right connections. That's what it takes to get a business off the ground, especially a business that raised $1.5 million in funding before it was released (per Wikipedia's timeline).
Re:Before Growth by tim333 on Friday January 15, 2016 @09:27PM (#10913920)
Kalanick's previous company Red Swoosh sold for $19m. They were probably backing him as much as anything.