Dara Khosrowshahi - Uber's Bet on AVs, AI, and Building a Super-App - [Invest Like the Best, EP.476]

And welcome everyone. I'm Patrick O'Shaughnessy and this is Invest Like the Best. This show is an open ended exploration of markets, ideas, stories, and strategies that will help you better invest both your time and your money. If you enjoy these conversations and want to go deeper, check out Colossus, our quarterly publication with in-depth profiles of the people shaping business and investing. You can find Colossus along with all of our podcasts at Colossus.com. Patrick O'Shaughnessy is the CEO of Pastive Sum. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of positive some. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit PSUM.vc.

My guest today is Dara Kazrashahi. The CEO of Uber. Before Uber Dar ran Expedia for thirtien's. We start with why he took this job in two thousand seventeen, and a big part of that story is Daniel Eck, who told him that life is not about happiness, it's about impact. We talk about what the chaos felt like on day one and how his family leaving Iran when he was nine shaped the way he handles pressure today.

We spend most of our time on autonomous vehicles and Uber's role as the demand aggregator in a world of physical AI. Dara explains why Uber is a supply led company, what it will take to win, and why he expects many winners in A Vs rather than just one. We also discuss Uber's$10 billion in free cash flow, the push towards a single app for everything, and what he has learned from Allen and company, Barry Diller, and Reed Hastings. Please enjoy my great conversation with Dara Kazra Shahi. So I think I have to begin with the story you were just telling me about How you took the job here, how you heard about it.

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