Kalanick in October 2014
|Born||Travis Cordell Kalanick
(1976-08-06) August 6, 1976
Los Angeles, California, U.S.
|Residence||San Francisco, California, U.S.|
|Alma mater||University of California, Los Angeles|
|Known for||Founder & CEO of Uber|
|Net worth||US$6.2 billion (August 2015)|
I spent a disproportionate amount of my time in a car in L.A. I’m 35 years old. If you add up the hours spent in cars, it would be years.
My politics are: I’m a trustbuster. Very focused. And yeah, I’m pro-efficiency. I want the most economic activity at the lowest price possible. It’s good for everybody; it’s not red or blue.
I’ve been an entrepreneur since I was 18. I started a company with a bunch of buddies that got funded in my senior year, and that’s when I finished school. It was called Scour, a peer-to-peer service, file-sharing.
After Scour, I started a company called Red Swoosh. The idea was to take those litigants who sued us for a huge amount of money and turn them into customers with the same technology. I wanted to get them to pay me. It was a revenge business.
There’s been so much corruption and so much cronyism in the taxi industry and so much regulatory capture, that if you ask for permission upfront for something that’s already legal, you’ll never get it.
Uber is efficiency with elegance on top. That’s why I buy an iPhone instead of an average cell phone, why I go to a nice restaurant and pay a little bit more. It’s for the experience.
The regulatory systems in place disincentive innovation. It’s intense to fight the red tape.