Uber Interview Question

Create a business model using a raw data set. They provided me with raw data about driving behavior and asked me to create a business model as if I was an Uber driver.

Interview Answers

Anonymous

Jul 18, 2017

I am guessing that they would like you to discuss how a typical driver's revenue (# of rides, fares, # of days worked per week) and cost (gas, car rental, car insurance) structure would look like and from there, ascertain the margins for a driver. Go with a structured, step-by-step approach and if you can show that you know how to use the data to gain insights into a driver's "business mode", you should do great. Revenue: Daily earnings * 6 work days a week * 50 weeks (assuming driver takes 2 weeks off in December) Cost Gas (e.g. $400 per month) Insurance (e.g. $30,000 annually) Servicing (e.g. $600 half yearly) = Subtotal Revenue less costs = margins If the driver is happy with the margins, then he is all set. If he thinks it's too low, he could either increase revenue (work more days or longer hours) or reduce costs (e.g drive a more fuel-efficient) car). This will then be his new business model. Hope this helps :)

4

Anonymous

Jan 5, 2017

Can you clarify what they were asking for? What info was in the raw data set and what do you mean by driver business model? I understand if they were asking about Uber's business model but what is a driver's business model? Thanks!

5