Travis Kalanick Quotes
When theres no other dude in the car, the cost of taking an Uber anywhere becomes cheaper than owning a vehicle. So the magic there is, you basically bring the cost below the cost of ownership for everybody, and then car ownership goes away.
Citations
Swisher, Kara. "Code Conference 2014: Travis Kalanick." Re/code, 28 May 2014.
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Travis Cordell Kalanick is an American billionaire entrepreneur and the CEO of City Storage Systems, a cloud kitchens startup. Best known as the co-founder and former CEO of Uber and the founder of Red Swoosh which was acquired by Akamai Technologies in 2007.