Karthik Shashidhar

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Uber lobbied the California Public Utilities Commission to shut down its rival, pointing out that its own professional black-car drivers were properly licensed.49 But when the California regulators gave Lyft the green light, Kalanick did not wait. He counterpunched with UberX, his own amateur-driver service.
The Power Law: Venture Capital and the Art of Disruption
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