The success of companies like Facebook, Google, Instagram, and Snapchat created a favorable environment for the launch of Uber. Their success stories attracted a flood of venture capital into Silicon Valley, which shifted the balance of power from venture capitalists to founders. This influx of capital made it easier for innovative ideas like Uber to secure the necessary funding for launch. Additionally, these companies' success demonstrated the potential of the internet and mobile apps, encouraging further innovation in these areas.
Learn how Uber's growth was fuelled by obsessive product focus, broken rules, growth at all costs an...
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