It is no wonder that Uber has taken the on demand industry by storm. Uber’s disruptive technology, continuous growth and acute service make it one of the most promising companies to have surfaced over the past decade.
Uber’s story takes us back to The City of Light, Paris in 2008. Two pals, Garrett Camp and Travis Kalanick were in the mood to attend the LeWeb, an annual tech conference, a place where revolutionaries get together to shape the future.
In 2007, both of them had sold their startups they co-founded. Travis sold Red Swoosh to Akamai Technologies for $19 million and Garrett sold StumbleUpon to eBay for $75.
Word has it that the concept of Uber was originated on one cold winter night during the conference when the duo was unable to get a cab. In the beginning, the idea was pretty simple. It was to provide a limo service that could be called upon via an application. After the conference, both of them took their directions, but Garrett was simply attached to the idea and bought the domain name UberCab.com
In 2009, Garrett was still the CEO of StumbleUpon, but he began working on UberCab as a side project. Somehow, Garrett had managed to sway Travis to join as UberCab’s chief incubator. After this, the official launching took place in San Francisco in May. And that’s how Uber was born.
