First read is on us.

Subscribe today to keep up with the latest travel industry news.

Video interview: Uber investor says Uber is growing faster than eBay


Skift Take

Uber will get even more serious about growth as it moves forward quickly in New York City. But it will need to start better retaining staff if it's going to keep any momentum.

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.


Up Next

Hotels

How Data Quality Issues Impact Global Hospitality Operations

There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.
Sponsored
Tourism

America's National Parks May Face Summer Worker Shortage

The U.S. National Parks Service hasn't seen staffing increase in tandem with surging visitation at many locations. The Trump's Administration's rescinding of job offers to temporary workers, plus other actions, may compromise the ability of rangers to manage crowds this summer.