Misc.Aug 8, 2019

Uber Financial Products Team

How’s the team? What exactly they are aiming from these products? Uber Cash card, payments, etc. Is it worth joining this team if extended an offer?

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Chase (╯°□°)╯ Aug 8, 2019

Right now they're all looking for $5bn

Goldman Sachs djs0l OP Aug 8, 2019

Thanks for prompt response. But, it may be irrelevant to my question.

Goldman Sachs pakalu Aug 8, 2019

How was the interview if you don't mind?

Uber WBPM33 Aug 8, 2019

I'm in financial products. I think we have very ambitious goals far out (ex uber payment system, banking and savings, money integrations to go back into the Uber economy ex rides, eats and future upcoming products). Aim would be to get the many people without bank accounts (a lot outside the US actually) onto the Uber system, increase driver retention, save a lot on fees and leverage the money flow. I'm optimistic but a lot of it will depend on execution. Right now, it's moving slowly and there's a lot that could be better organizationally but there's a lot of buy in at the leadership level and I'd encourage you to consider the offer.

Uber WBPM33 Aug 8, 2019

Hope that might be helpful

Goldman Sachs djs0l OP Aug 8, 2019

Thanks. This is helpful. What’s your view on the latest quarterly earnings? Is Uber trying to generate the alternative source of revenue to withstand loss in transportation business?

Goldman Sachs otoh Aug 8, 2019

Which group are you interviewing for product mgmt or engineering?

Goldman Sachs djs0l OP Aug 8, 2019

Engineering

Goldman Sachs otoh Aug 8, 2019

I think some guy from Uber covered it. But looks like they have a grand plan for branchless banking. In GS context think clarity - credit cards - checking/ debit - driver loans - deposits. That’s my guess of product launches in that order. But go big on volume but small on size. Something similar to what Ola cabs has done in India. Put Uber products at the center for unbanked and marginally banked population.

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77777777 Aug 9, 2019

There's a hiring freeze at Uber at the moment. You will most likely not get an offer. Sorry.

Goldman Sachs djs0l OP Aug 9, 2019

Yup. Read the news. Thanks!!

Spotify beernz Aug 9, 2019

Which location? They have some wild stuff in the pipeline that's worth joining through the drama, especially if it's in Amsterdam. I would have pause in the US.

Goldman Sachs djs0l OP Aug 9, 2019

New York.

McKinsey Pymnts1234 Oct 18, 2019

Also curious what comps are like for this team. any insight?

Uber vwhF75 Oct 18, 2019

Standard across the company. NYC, Seattle, and the bay area are should be the same. Use levels.fyi

Goldman Sachs djs0l OP Aug 12, 2020

How is Uber Financial business doing? Any changes in plans given COVID-19? Just curious to know the state.