Uber CEO: At Uber, If You Don’t Perform, You’re Out! Uber Was Losing $3b A Year
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At Uber, employees work hard; if not performing, they are told directly. If they cannot handle the truth, they can leave. The most important skill in life is working hard, like top athletes Ronaldo and Michael Jordan, who combine talent with relentless effort—a learned skill, not innate.
Uber was losing $3 billion per year when joined; now generates $8.5 billion in free cash flow annually. Born in Iran during the Islamic Revolution in 1978, family unsafe—revolutionary guards entered backyard, bullets through living room. Family fled to US to rebuild when he was 8-9 years old. This destroyed his dad emotionally.
Studied bioelectrical engineering, first job investment banking to observe big companies being built. Took over Expedia: sales increased from $2.1 billion to $8.8 billion in 12 years as CEO; was highest-paid CEO of a US tech company. Left to join Uber.
AI is a major development; Uber has 9.5 million drivers and couriers. Concern about AI displacing their jobs.
Born in Iran during modernization; family built large industrial company lost in 1978 Revolution. Fled to US as unsafe—one uncle was cabinet member under Shah. Revolutionary guards targeted neighbor, bullets shattered living room glass; mom decided to leave. Family driven to rebuild economic lives. Never feels safe; seeing parents lose everything, especially dad's loss of self-value, motivated him to make family proud and build securely. Americans underestimate rule of law protecting achievements—not true worldwide. Drive to build without taking anything for granted.
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