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Today at Disrupt NY 2013, Benchmark partner Bill Gurley shared an interesting fact about Uber. “Uber is growing faster than eBay did,” Gurley said. In 1997, Benchmark invested $6.7 million in eBay. It was worth more than $5 billion less than two years later. Benchmark is also an investor in Uber.
“Uber is probably the fastest growing company that we’ve ever had,” Gurley said. He insisted a lot on the quality of the product. If a company builds a good product, it will grow organically.