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Published · transcript-backed

Uri Levine: prediction

9 Jun 2024 Lenny's Podcast Lessons from a two-time unicorn builder, 50-time startup advisor, and 20-time company board member | Uri Levine (co-founder of Waze)

“If I will tell you that I have a startup that helps you to file your tax returns in three minutes, then okay, that's absolutely amazing, but you are only going to do that, next time is next year.”

— Uri Levine

Source trail

Everything needed to verify it.

Speaker
Uri Levine
Attribution
Verified speaker
Claim type
prediction
Recorded
9 Jun 2024
Publisher
Lenny's Podcast

Transcript context

…That's a cool heuristic. Do you find that that is useful for other startups, consumer-type startups or is that just something you think specific to Waze at that point, this idea of coming back for the third time? It's really depending on the frequency of use, right? If I will tell you that I have a startup that helps you to file your tax returns in three minutes, then okay, that's absolutely amazing, but you are only going to do that, next time is next year. By the way, we did have a startup that was doing that. It's still a little bit up and running, but that was really frustrating because the tax authority shut us down. You got to fall in with the problem. You got to power through that. Just change the government. Just kidding. The story you told of Waze and iterating is a really good example of falling in love with the problem. You're really passionate about. I want to solve traffic, I hate traffic. By the way, what it made me think about a little bit is Elon, when he hated traffic, he built the boring company and built tunnels underground, and your solution to hate traffic is I'm going to build Waze in a soft wrap.…

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