While in San Francisco this week, I had lots of meetings with cool companies like Dropbox and Veeva Systems (VEEV). But to get around town, I used a service called Uber Technologies.
Wondering, What is Uber? Well, Uber Technologies operates a ride sharing app that makes it super simple to hail a driver. For the most part, I was able to get picked up within a few minutes each time.
My experience is certainly no exception. I know many loyal customers of Uber Technologies. And as should be no surprise, Uber is a darling of the tech space and is a often mentioned as one of the hottest IPO prospect.
So what are the big drivers — so to speak — for the success of this ride sharing app? Well, here’s a look at five things that have helped make Uber Technologies one of the hottest startups of 2013: