Over a decade ago, Garrett Camp first launched Uber as an entrepreneur and computer programmer fed up with overspending on rental cars.
He formulated the concept of a ridesharing service after he paid $800 on a private driver at midnight on New Year’s Day of 2009. Within a short time, the beginning of the prototype would eventually become the tech giant that we now know as Uber launched.
While the company began by shaking up the taxi and private car business, it has evolved into one of the most profitable start-ups of the past decade. Today, Uber holds a market value in the billions of dollars, serving more than 173 distinct countries worldwide.
Offering people the possibility of cheap ridesharing options while allowing folks to earn money as drivers for Uber, the company started its sharing-based economy and altered the course of tech-based start-ups completely.
Uber is now a public corporation listed through the New York Stock Exchange (UBER). The company is expanding beyond just rideshares, providing food delivery services, social payment solutions, and shipping services set to shake up the shipping industry.
The future has never been more promising for Uber than the present time.