David Rosenthal: belief

Transcript context

…That's apparently what the definition of a biz-dev killer prompt whatever it is, CEO. That's actually it. I would love to ask them. How did that tweet turn into CEO? We may never know, but he becomes the first CEO of what is at this point, Uber cab. He and Travis start going around the city. They're signing up more black cab companies and drivers. In June 2010, they officially launched the non beta consumer facing rider app to riders. They have about 10 cars on the platforms. The app is live in the iOS App Store. There are 10 black cars on the platform in San Francisco, and they go out to raise a seed round on AngelList, which had just gotten started as well. The email blast gets sent out on AngelList. The description is that Garrett, Travis, and Tim Ferriss are investors and advisors. Ryan Graves is the CEO and only employee of the company. It gets blasted out to I think something like 170-175 investors. Lots of people see it, most people don't respond. Some people respond and want to invest, including First Round Capital, Rob Hayes which who leads the round, writes a $600,000 check. Chris Sacca invested $300,000. Mitch Kapor invest, Jason Calacanis who we talked about invest. A friend of the show, Alfred Lin, who was still at Zappos had not joined Sequoia yet, he invests in the round. Once again, they get another call. I think this was probably a response. By the way, this is like a crazy superstar party round. It's the who's who on the advisory founding-ish team and who's who in this initial angel round.…

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