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Investments

4

Portfolio Exits

2

About Tom Fallows

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Latest Tom Fallows News

Uber to let users schedule rides up to a month in advance

Jun 9, 2016

Originally published June 9, 2016 at 9:09 am Updated June 9, 2016 at 9:14 am Takele Gobena, 26, of SeaTac, shows how the driver’s side of the Uber app works for picking up riders. (Bettina Hansen/The Seattle Times) Seattle will be the first city where Uber offers scheduled rides. Share story Hoping to please meticulous planners with loaded calendars, Uber will now allow riders to schedule a ride as early as 30 days in advance. The new service will be first offered to business travelers in the Seattle area starting at 11 a.m. Thursday, though the company has promised quick expansion to other cities. Tom Fallows, Uber’s Director of Global Experiences, said the service is aimed at those who “want an extra degree of assurance Uber will be there when they head out,” such as travelers with early-morning flights. “They sleep better knowing their Uber ride is arranged,” Fallows said. Most Read Stories Unlimited Digital Access. $1 for 4 weeks. To schedule a trip, riders choose a route and set a date. Scheduled rides are priced like a normal Uber ride and still subject to surge pricing. “If you’re requesting the ride at 8 a.m. on a Monday morning and it’s super high demand, surge may apply just like it normally would,” he said. “We send riders a push notification on the way, notifying them if there’s any surge.” Passengers can modify their scheduled rides before the driver has been dispatched. Once the push notification is sent and the driver is en route, users will have five minutes to cancel without penalty, Fallows said. Initially, scheduled rides will be available only on UberX, but Fallows said the company plans to expand it to black cars and other Uber lines soon. Uber chose to launch in Seattle because developers here built the system and the city has a lot of business travelers, Fallows said. Although scheduling is a simple concept, Fallows said the architecture that runs the dispatching system requires complex algorithms that determine the right time to ask a driver to pick up a scheduled ride. The algorithm weighs proximity, traffic obstacles and the likelihood a driver will accept a scheduled ride, among other factors. The best driver for a given ride won’t always be the one nearest to the person requesting it, Fallows said. For example, “We may know a driver who currently has a passenger in the car is headed to drop them off nearby your house or pickup location,” Fallows said. “The best driver to be offered your ride is not an available driver 10 blocks away, but is a driver who is currently occupied but will soon be free two blocks away.” Fallows said Uber’s engineers in Seattle will be watching how the new feature is used and eager for feedback from customers. “There’s nothing like having things happen in your own backyard to excite you about building and testing,” he said. Evan Bush: 206-464-2253 or ebush@seattletimes.com . On Twitter @evanbush Email Newsletter Sign-up Custom-curated news highlights, delivered weekday mornings. Email address By signing up you are agreeing to our Privacy Policy and Terms of Service . Thanks for signing up!

Tom Fallows Investments

4 Investments

Tom Fallows has made 4 investments. Their latest investment was in CodeSignal as part of their Seed VC on April 4, 2015.

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Tom Fallows Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/2/2015

Seed VC

CodeSignal

$2.4M

Yes

2

2/23/2015

Seed VC - II

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$99M

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10

10/16/2014

Seed VC

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$99M

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10

5/23/2014

Seed VC

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$99M

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10

Date

4/2/2015

2/23/2015

10/16/2014

5/23/2014

Round

Seed VC

Seed VC - II

Seed VC

Seed VC

Company

CodeSignal

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Amount

$2.4M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

Tom Fallows Portfolio Exits

2 Portfolio Exits

Tom Fallows has 2 portfolio exits. Their latest portfolio exit was Chewse on July 13, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/13/2020

Acquired

$99M

4

4/17/2019

Acquired

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$99M

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10

Date

7/13/2020

4/17/2019

Exit

Acquired

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

4

10

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