Billion Dollar Club: Lessons Learned From Uber’s Mega Round

Billion Dollar Club: Lessons Learned From Uber’s Mega Round

In four years, Uber’s valuation has gone from $0 to a stratospheric $18 billion.

It seems kind of crazy. But keep in mind that the mobile opportunity is massive.

So what are some of the takeaways? What can entrepreneurs learn about the tremendous success of Uber?

Let’s take a look:

[…]

Matt Faustman, Co-Founder & CEO, UpCounsel

“We are on the verge of whole new world of labor verticals where entrepreneurs open up dozens of new resources through mobile and virtual workforces. If Uber, and other labor marketplaces, are a playbook for success, then entrepreneurs should focus on services that require frequent use for either consumers or businesses.”

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