this post was submitted on 15 Nov 2023
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Lyft. John Zimmer pitched me an idea called Zimride back in the late 2000s it wasnt yet ride sharing, it was for employees and students to carpoool to work school together. If I remember correctly the valuation was $150k at the time. I was a CEO of a tech startup in the sustainability space and working with universities and big corps. John thought there was synergy. So did I, but I was focused on my own startup and passed on the $25k he was looking for to develop the idea.
Around 2014 I was watching CNBC one night and saw John on the TV I turned up the volume to find that my investment would have likely made me a billionaire. My startup failed by the way we raised $3M and the assets sold for 10k in 2014