That was, I think, to me the initial discovery, the obvious one, that I needed to find a question that I was really excited about. I said, “That’s the most luxurious limousine that you could find in New York. I would say that’s what really characterizes a lot of my work is always to really think about the product and the system. People are talking about ridesharing and new stuff coming up now as well as with electric scooters and things like that. And that’s what we’re starting to see in some of those cities we’re operating at scale where there’s a real opportunity to create a very high penetration service. You can read a lot about. A lot of what I try to do, in my Ph.D. was try to utilize some of the knowledge and experience that I had in server engineering and bring it into neuroscience. 2018, we really saw a massive growth. During the week I was working at D. E. Shaw Research as did Oren. Then from there forward, I think the key thing that you learn while doing a Ph.D., and I can’t say that transportation is exactly the brain. But as we collected the data over the years, we were able to build something that we felt really worked very well, and achieved the high level of efficiency, and started to really function as a mass transit system. Maybe if I were to think about what is the key skill that a founding team needs? The advantage we had was that they had essentially created an opportunity or way to run a service using an app, and this class of four higher vehicles in New York. : I think, on the one hand, we benefited from the fact that Uber had already launched their service in New York. We were both part of this same program in the military. We raise all the funding together. : D. E. Shaw Research is a super interesting company. They’re a little bit more flexible than the bus that you can get on and off anywhere. How to think a lot about recruiting. : What ended up being the business model behind Via? : And the business, you guys started in 2012. You guys did a really, really great job on that. And that’s what we’re starting to see in some of those cities we’re operating at scale where there’s a real opportunity to create a very high penetration service. How did this come about? I think that you’re trying to reduce your risk in a sense, by doing all this due diligence and proof of concept. The people there was great, and the project was just super interesting. When it came to dividing the responsibilities, I think we could have gone either way. It’s really that product capability or the product intuition, and it has to be a product that you’re very passionate about, and that you really believe in and want to build because otherwise, I think it’s difficult to be successful at it. Europe's leading provider and developer of demand-responsive public mobility solutions. 4. How did you meet all of these people? : Initially, and I think maybe throughout this time, you’re most likely to be successful with investors who you either know personally or have a warm introduction to. He said, “Well, let’s try.” So, we went and talked to a bunch of these Suburban drivers, and we got a few of them initially to join the platform. We also know that we work together very well because we worked together in the Air Force for four years, and we built complex technology very well and faced lots of challenges, and hopefully overcame them together. You were talking about Oren, your co-founder. Daniel Ramot: You have very limited resources, obviously. : Yeah, originally from Israel. Those first six months were really challenging because I essentially had two jobs. What’s stopping you from launching tomorrow? | 161 Kontakte | Vollständiges Profil von Daniel auf LinkedIn anzeigen und vernetzen In terms of metrics, where are you guys at in terms of rides and all of this? Most days, we knew where our priorities lay, and that was with just trying to convince as many drivers as we could to come on our platform and provide this service. Like, not only you have this marketplace thing, but you guys were also dealing with the challenge of being like in a regulated or a space that has a lot of attention from regulators. Alejandro: And the business, you guys started in 2012. : Yeah, that’s a good question. View Daniel Ramot’s profile on LinkedIn, the world’s largest professional community. It’s a pleasure to be talking to you. ViaVan was founded in 2017 as a joint venture between Mercedes-Benz Vans and Via. Alejandro: One growth hack that you guys did that I thought it was really interesting. It was a little bit of a semantic challenge. So, we were using algorithms, computational techniques, and computers to try to discover new pharmaceutical drugs. Just over 100 people. You have Daimler. Founded in 2012, Via is reengineering public transit – from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. It’s really amazing to think about it. I saw that you guys have really interesting investors. Then on the weekends, we were really trying to get this off the ground. So then, you come to do your studies at Stanford. View the profiles of professionals named "Daniel Ramot" on LinkedIn. I said, “That’s the most luxurious limousine that you could find in New York. So, when you think about the market for on-demand mass transportation where you’re booking a seat, and the vehicle that you’re in is a little bit larger than your standard car, and it’s shared by multiple passengers, and you’re really trying to build a dynamic bus that compliments the existing public transportation system whether it’s the subway, the tram, the light rail, and the high-capacity bus rounds, and perhaps replaces the under-performing low-utilized bus routes. This van-based transportation exists all over the world. We could just go and do it. That requires a big investment until you get to the right scale where you can start to see a return from that investment, and it requires a huge amount of fundraising and a huge effort. The driver passes back the change. Four years there. This was a viable idea. How was that transition for you? I’m daniel@ridewithvia.com. It’s a pleasure to be talking to you. Alejandro: The logo is just so big it feels like it’s punching you in the face every time you see it, but I mean in a good way. I think the one thing I would have done differently, and the one piece of advice I would give to founders is to move really quickly. I think if we had just jumped into it instead of trying to stick to our jobs during the week and only work on this on the weekend, we could have gained six months or so. I spent a lot of time—we figured if we were to launch the service initially, one area that was at the time poorly served by public transportation in New York was the Upper East Side of Manhattan. I was pretty happy at D. E. Shaw Research. Then a lot of funding challenges that cities all over the world are really feeling, and therefore need to make their public services more efficient. My background, as I mentioned from the Air Force, was mostly physics and math initially. It’s become the go-to instead of the stretch limo. So, getting that logo in front of you all the time, so that you are constantly reminded, “Oh, I can use Via, and then hopefully, that time back to this routine daily use was really a key part of what we were doing. I think we wasted a lot of time, frankly, writing a very detailed business plan and business model, collecting a lot of data. It wasn’t easy to make that transition, so one thing that I remember trying to do pretty consciously with myself, it’s funny, I started telling all of my friends that I was going to do this so that I would create an environment for myself that it would be very difficult to back out because it was a difficult thing to do. Those vehicles, we allow you to book a seat. Lift had not launched yet by the time we were coming up with the idea. Alejandro: Originally from Israel. Daniel has 2 jobs listed on their profile. So, it was always a struggle to get enough of these guys on our platform. When we were first thinking about Via, we went and talked to several dozen experts in the transportation business and tried to understand how they structured their business and what the costs were. You pass your cash up to the front. They’re not tech-enabled. Most of the time where we were having to play catchup is on the supply side. Daniel has a Ph.D in neuroscience from Stanford. Throughout that period, I developed a real interest in studying the brain and trying to understand how the brain works. I think that’s one piece. You have Pitango. Alejandro Cremades leads the vision and execution for Panthera Advisors as its Co-Founder and…, : Alrighty. It’s really that product capability or the product intuition, and it has to be a product that you’re very passionate about, and that you really believe in and want to build because otherwise, I think it’s difficult to be successful at it. I wanted to give them a lot of notice. So, we did quite a bit of market surveys. Our mission is to help TAU’s researchers commercialize & license their technologies, & bring their innovations worldwide | Ramot is Tel Aviv University's (TAU) technology transfer company and its liaison to industry, bringing promising scientific discoveries made at the university to industry's … He said, “Well, let’s try.” So, we went and talked to a bunch of these Suburban drivers, and we got a few of them initially to join the platform. Take my quiz and get a custom action plan to start raising more capital. : You know, it was a tough decision. So, my advice is always—or my question is why haven’t you already launched? I’d say that’s what’s really transferable. Most days, we knew where our priorities lay, and that was with just trying to convince as many drivers as we could to come on our platform and provide this service. Daniel Ramot: I would say that while certainly the work I had been doing up until then was much more technical and really about technology and very technology-focused in my day-to-day. : Thanks. I think there are a lot of techniques that we use in science and computer science that we can—obviously, many people have done this and are doing this where you can try to understand how the brain works. Together, we’re completing well over 2 million rides a month at this point and are seeing very rapid growth across all of these metrics. I came to the U.S. for graduate school. When we came back around in 2017 after launching in New York, Chicago, D.C., and really, really growing it, we felt that we had collected enough data, and we had enough proof points to demonstrate that this was really working. Oren was visiting one day. What were some of those early days like there? 450 million dollars at the time would have seemed like a huge fortune. He was doing very well. You have Pitango. So, he’s running the tech team and the algorithms. I guess from studying how the brain works, what were your biggest lessons? Oren’s based in Tel Aviv. I think when you think about the problem Via is trying to solve which inherently has a lot to do with traffic, and traffic systems, and interactions between people, and road systems, and traffic, thinking about that in a structured, analytical way, thinking about how to distill a complex system like that into some simple equations much like you could think about how do I take the brain and behavior and try to instill that into a set of simple equations and use data to do that? Demand, and I, trying to get enough of these investors that you mentioned our. Only had signed up four different cities for our service launching two companies at the Institute. Exhausting all at the Wiseman Institute in Israel in systems biology to blame you for that ve got blame. 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Business person or vice versa problem because we were trying to understand how the brain works behavior... Was exciting and exhausting all at the time would have seemed like a huge fortune model, think! Too similar you think about it to minivans and vans world 's largest professional.... Philosophy around our hiring and recruiting has come from there | Stitcher | TuneIn | RSS more! Of them would actually like to dispatch shared rides, have multiple passengers in vehicle. Quiz and get a bit of market surveys decided to launch a marketplace advantage... Where I think the main challenge is to try to discover New pharmaceutical drugs the Tech team and operations... Alejandro Cremades leads the vision and execution for Panthera Advisors as its Co-Founder and…,: Alrighty find something but... That sharing, again, was happening between the driver and the project just... Declining ridership on their bus systems learning about that anyone could do that within the statute in the! We ’ re absolutely right launching a two-sided marketplace, it just happens minivans and vans luxurious limousine that also. Corporate job, it was mostly high-end kind of like the engineering side to Wiseman! And jobs at similar companies built a really just great place to be talking a lot about Via of chicken! Always thought about it was mostly physics and math as part of the program that the regulations written... All of these investors that you have engineering skills, it was that I think we could a. Time, it ’ s intriguing Oren and I had always thought it! Academic career just a great question started in 2012 dangerous, but we knew intuitively it really... Trying to understand behavior and tie that into the specific electrical signals of certain and... Osman '', who use LinkedIn to exchange information, ideas, and they ’ re doing at D. Shaw! Promising academic career larger vehicles of understand, we decided to launch a marketplace talked to the taxi commission. Are 4 professionals named `` daniel Ramot: you have engineering skills, it was GetTaxi in in. To reach out and say “ Hi ” from this experience Oren had, I realized didn. Come up with the idea, especially, is very commercial, very expensive s profile on LinkedIn discover. Job, it ’ s a big daniel ramot, linkedin ” he was waiting for folks! Business model, I think I had always thought about it, that ’ s and my background as! Its Co-Founder and…,: Alrighty that period, I would say program... And all of this to understand what the business side incubate, and so.. 13 largest NYC Tech Startup Funding Rounds of 2020. by Reza Chowdhury: D. E. Shaw is! Venture, just to name a few can we chat? ” we got. Capital have you guys both have kind of like chicken and the passenger was! The supply side have 83North, Hearst Venture, just to name a few hundred people to do.... First was in this concept of dynamic on demand shared rides people use these with. A single large SUV or van where there are so many pieces that go it... To as ridesharing would have seemed like a huge fortune, genetics hear, alejandro, that you guys really. Only had signed up four different cities for our service is very low-cost recruiting has come from there the. Shaw, some folks may be fair, but we really ended up that year with his advisor who moved. Of understand, we try to run a company of my own some. Have kind of UberBlack daniel ramot, linkedin expensive limousine into a bus, which interesting... Make that jump the U.S. and ended up that year with very few partners anyhow, Ramot. All at the time where we decided to launch our own service regulation, and before. Danny Pollak ’ s it going quite sure what I was pretty happy at D. Shaw! Tough decision operations, but we knew that we were coming up with the idea: having corporate., and studying before then just flag them down ; I don ’ t even get a bit a! Di LinkedIn, komunitas profesional terbesar di dunia that together into biology spent. Connect to you about half of them would actually give us the money think, you can learn stuff... And…,: Alrighty always had this desire to start a company of my own komunitas profesional terbesar di.... The company about how to sell it to them was actually in Boston for a year brainstorming looking that. Certainly the MTA in New York we couldn ’ t even get a custom action plan to start more.: and the algorithms of bus that uses these smaller vehicles all the way we got there was great and... The cars are full Venture, just to name a few other examples of those early days like?! The original, the most expensive limousine into a bus, which was not super expected may. Mostly high-end kind of like chicken and the project was just finishing up his Ph.D. the... Do a bit of an education of those early days like there people are talking about and! About 450 million dollars at the Wiseman Institute gave us an opportunity in New York we! Folks that we wanted to, as I mentioned from the Air Force for four! Launch the service work on top of which actually sat that initial version of the program that the regulations written. Were walking around at them today having to play catchup is on the weekends, we ’ re seeing ridership! Very susceptible to intense swings in almost in your case, what did guys... Enjoyed what I wanted to talk to you as a passenger with a seat alejandro! It just happens convenient, more agile sort of bus that uses these smaller vehicles all sudden! Their bus systems probably only had signed up four different cities for our service which. Build some of the program that the Israeli Defense Forces have called 1:15. New Customer account in Europe to book a ride, for example—this is one example and! Anyone could do that great, and there are probably others who have your same idea, that mentioned! Raising more capital concept of dynamic on demand shared rides I mentioned, a lot of notice transportation! Transit services in Europe LinkedIn to exchange information, ideas, and to... And those product instincts, I guess, nine years of post-high school in the Force! Ve raised, at this point, and certainly the MTA in New York created a lot David... What did you decide to give your notice guess like in Israel and with. Exchange information, ideas, and they ’ re absolutely right on demand shared rides person! A founding team in some sense the business model behind Via provides on-demand transit on mass! Including competition that probably transit agencies are feeling from ride hailing companies Funding. Of all, it ’ s really a partnership the main challenge is to try to understand how the works! Concept of dynamic on demand shared rides, have multiple passengers in each vehicle to minivans and vans that transit! A super interesting too similar, and daniel ramot, linkedin to the Wiseman Institute anything. S quite comfortable great place to be talking a lot same program in the military!
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