The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Growth: Uber's Expansion Playbook for Scaling from 10 Cities to $10BN in Revenue | How Uber Acquired 1M Drivers | How Uber Solved the Chicken and The Egg Problem in New Markets and What Uber Would Be Like with Travis Still There with Scott Gorlick
Scott Gorlick
And I think there was a point in time where in San Francisco and a couple of other very competitive cities, we were paying $1,000 to each side. So $2,000 for driver acquisition. We would put some sort of thresholds around that, right? The new driver would have to do X amount of trips and maintain this quality rating and do this sort of acceptance rate.
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