Keep pulling the thread on Dara Khosrowshahi.
Uber currently generates $9.8 billion in free cash flow annually.
IAC's successful acquisition strategy involved overpaying for leading companies based on the market's underestimation of their future exponential growth.
Uber's core systems for pricing, routing, and matching are all driven by AI, managing 40 million trips per day.
Dara Khosrowshahi predicts that AI will be capable of replacing the work of 70-80% of humans within the next 10 years.
About 30% of Uber's engineers are power users of AI coding tools and are demonstrating significantly higher productivity, as measured by the number of code 'diffs' they produce.
Waymo's autonomous vehicles are safer than human drivers.
The United States cannot afford to slow down the pace of AI development because China will not.
When Dara Khosrowshahi joined Uber, the company was losing $3 billion per year.
During Dara Khosrowshahi's 12-year tenure as CEO, Expedia's sales increased from $2.1 billion to $8.8 billion.
Uber's platform has 9.5 million drivers and couriers, making it the largest organizer of flexible work globally.
IAC's acquisition strategy in the late 1990s and early 2000s included buying Ticketmaster, Match.com, Expedia, and Hotels.com.
During his tenure at Expedia, Dara Khosrowshahi's compensation package was $94.1 million, making him the highest-paid CEO of a U.S. tech company at the time.