https://trailruncapital.substack.com/p/beyond-the-paypal-mafia-a-case-study [https] Life on the Trail SubscribeSign in Share this post [https] Beyond the PayPal Mafia: A Case Study on the Uber Alumni Network trailruncapital.substack.com Copy link Twitter Facebook Email Beyond the PayPal Mafia: A Case Study on the Uber Alumni Network 185 companies & counting. $8B in funding. 2 IPOs. What's next? [https] Allison Barr Allen 8 hr ago Share this post [https] Beyond the PayPal Mafia: A Case Study on the Uber Alumni Network trailruncapital.substack.com Copy link Twitter Facebook Email Uber was a wild place in the early days. I can think of no other company that scaled globally so quickly. Uber completed 6 billion trips just 6 years after trips began! This was not a pure software startup where a team in San Francisco can click a few buttons to onboard users across the world. It was scaling a complex logistics marketplace in hundreds of unique cities with their own distinct cultures, technology capabilities, and policies. Over the years, Uber expanded both in breadth and depth - eventually building teams focused on Health, Food, Mass Transit, Self-driving, Trucking, Aviation, Micromobility, and more. Uber succeeded by hiring Really Smart People all over the world who were not afraid to tackle big challenges and who wanted to win. [https] Not only did Uber need smart on-the-ground Operations teams to succeed, it required best-in-class Engineers building platforms to a scale that had never existed before. Our 1455 Market Street headquarters buzzed until late into the evening. We built tech primarily in-house because either: 1) startups or known companies couldn't handle our volume, or 2) data privacy reasons. Uber created a custom customer support system, payments platform, CMS, and dozens-upon-dozens of internal tools. Very sophisticated data science and engineering teams managed the marketplace side of the businesses - which included pricing, rider-driver matching technology, and surge. [https] What happens to the people who leave one of the fastest growing startups ever? It turns out a lot of them start hyper-growth companies themselves. I've spent months scouring the web to compile the results. Thus far, 185 companies have been founded by ex-Uber employees, and have raised $8B in disclosed capital, with a median funding amount of $16.4M. I believe the Uber alumni network is the most influential since the PayPal Mafia. And they're just getting started. If you're interested in supporting, joining, or investing in a company founded by Uber alumni or you'd just like to learn more, full details are below: View Companies [https] [https] Share this post [https] Beyond the PayPal Mafia: A Case Study on the Uber Alumni Network trailruncapital.substack.com Copy link Twitter Facebook Email TopNew No posts Ready for more? [ ]Subscribe (c) 2023 Allison Barr Allen Privacy [?] Terms [?] Collection notice Start WritingGet the app Substack is the home for great writing This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts