Nov. 19, 2015
Uber co-founder and university alumnus visits campus
From left, Mark Blackwell, emcee; Conrad Whelan, Garrett Camp, and President Elizabeth Cannon.
Fritz Tolentino from Fritzology Inc.
Budding entrepreneurs had the opportunity to hear a homegrown success story from one of the universityâs most notable graduates, Garrett Camp, BScâ01, MScâ06, a Canadian entrepreneur, designer and alumnus who was on campus Nov. 17 as part of .
Camp, who is best known for , the app-based on-demand car service he co-founded in 2009, spent about two hours at an Up Close and Personal event hosted by . More than 140 students and members of the community were invited to engage with Camp and Conrad Whelan, BScâ02, MScâ05, Uber engineering manager and fellow Schulich alumnus, in a question-and-answer session, and a private reception that followed.
âWe were pleased to welcome Garrett back to the University of Calgary to engage with our campus community,â says Elizabeth Cannon, president and vice-chancellor. âHe is an inspiring example of what can be achieved when we empower our students with the energy and ambition to unleash their potential.â
Key is developing product you want to use yourself, says Camp
Cannon moderated the discussion, which centred on Campâs experiences at the University of Calgary, launching his first tech startup company, StumbleUpon, while in graduate school, and what the young entrepreneur looks for when nurturing a new idea or developing a product.
âFundamentally, I want to build a product that I want to use myself," says Camp. "Will it make my life better and will other people want to use it? If I donât want to use it myself, then Iâm not going to be excited about it, and then work becomes work and itâs not fun."
Camp says Uber was a product he co-developed out of his negative experiences waiting for taxis in San Francisco, where he now lives.
âI was frustrated that they would never show up. I would be standing there watching these cabs go by me and think, âthese cabs are empty, why are they not stopping? They are not coordinated at all!â I remember one day â after watching James Bond and seeing him tracking his car on his phone â I was looking at my iPhone, waiting for the cab company to call me and I thought, why canât I just push a button and they would come? And that was the initial idea.â
Talent and passion are ingredients to being a successful entrepreneur
That initial idea led to Uber, which despite its controversy, now operates in 65 countries and is said to be valued at approximately $50 billion.
Camp remains as Uberâs board chair, but has left the day-to-day operations. In 2013, he launched Expa, a platform for developing new companies. His latest venture, Operator, helps users find the products they are looking for by connecting them with experts who will find it for you.
Camp left his audience with a parting message on the key ingredients to becoming a successful entrepreneur.
âTalent is important, but the passion is just as important," he says. "If youâre really excited to solve that problem, youâre going to stick through that multi-year period where youâre not going to get any traction, and half the people say itâs a stupid idea. If youâre less likely to use it yourself, youâre not going to stick through those tough times.â