How Uber Started?

Alex Williams
2 Min Read
  1. The founders were unhappy with traditional cabs

  2. They started brainstorming

    The founders started brainstorming together for possible solutions for that problem.

  3. Garrett created a mobile app

    Garrett kept testing different things, then by March 2009 he came up with an an iPhone app that would later become the Uber we know today. The app was called Ubercab. (See Why some people think the iPhone is the best phone?)

  4. Uber got $200,000 seed funding

    In 2009 Uber got $200,000 seed funding.

  5. Uber offered black cars

    In 2010 the Uber team started testing the service with 3 black cars in New York.

  6. The famous tweet

    Travis posted on twitter asking for help with the development of Uber and Ryan Graves, who responded to that tweet, became one of Uber’s core members.

  7. In October 2010 Uber got $1.25 million

    In October 2010 Uber got $1.25 million of angel funding. The funding was led by First Round Capital and Lowercase Capital. (See Millionaire Mindset: How Millionaires Think Differently?)

  8. Uber was launched in San Francisco

    In May 2010 Uber was officially launched in San Francisco and turned out to be a great success.

  9. Uber got series A funding

  10. Uber got Series B funding

    Uber got $32 million in series B funding.

  11. Uber expanded internationally

    By the end of 2011, Uber had started expanding internationally. The service was introduced to Paris then later to Toronto, London and other cities around the world.

  12. Uber became worth $18 billion

    In June 2014, Uber got another round of funding worth $1.2 billion and announced that it’s now valued for more than $18 billion.

  13. Uber became worth $62.5 billion

    By late 2015, Uber was estimated to be worth $62.5 billion.

Share this Article
Leave a comment