“We win together and we fail together.”
Will Coleman
Co-Founder and CEO
Alto
.…on the meaning of ownership as part of the New York Times’ DealBook Summit, via the Times.
Coleman, who founded ridesharing startup Alto in Dallas in 2018, was invited to the New York Times’ 2023 DealBook Summit in New York last week, where leaders in a wide range of disciplines gathered to discuss pressing business challenges. His company offers a more premium rideshare service than competitors — think amenities and higher-end vehicles. So far, Alto has expanded to five U.S. cities and won rave reviews for its top-notch service. And he sees opportunities to scale further as transportation evolves. One differentiator? Coleman’s Alto drivers are employees, not contractors, for quality control and training.
In Thursday’s print edition of the newspaper, he was quoted talking about labor—and the meaning of ownership.
“Ownership means I am incentivized to create value and am accountable to results,” Coleman wrote in response to a pre-summit question. “My team at Alto are owners, too, and should expect that we win together and fail together.”
“No one is ever punished for failing as long as actions have positive intent,” he added.
You can watch sessions from the DealBook Summit featuring Elon Musk, Bob Iger, Jamie Dimon, David Zaslav, and more by going here.
For more of who said what about all things North Texas, check out Every Last Word.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
From Johns Hopkins academic to biotech powerhouse, Robinson's career is a mix of innovation and influence. “It is just a wonderful ride,” she said.
-
EarthX is seeking innovators and investors to participate in its 2023 EarthX E-Capital Summit April 19-22 at Fair Park in Dallas. At the summit, early-stage climate tech companies will be able to make pitches for a chance at a cash prize. There will also be discussions on investment and industry trends by leading industry professionals, investors, startups, and policymakers, EarthX said, along with curated and self-selected one-on-one networking meetings between investors, dealmakers, and innovators.
-
Alexis Smith and Nicole Craven, co-founders of the Après Hours line of canned espresso martinis, have become brand partners of Alto. An Après Hours Alto "Art Car" is now riding city streets as part of Alto's local fleet. If it happens to pick you up this month, you'll be served free espresso martini cocktails during the ride to your destination.
-
Global Silicon Valley’s Michael Moe is teaming up with Hoque Global CEO Mike Hoque on the inaugural SMU+GSV Mission Summit in May. GSV recently moved its headquarters from Northern California to downtown Dallas' historic Adolphus building.
-
Yuvo Health, a New York-based technology-enabled administrative and managed-care solution provider for community health centers, announced Coppell executive Selase Dow as its new chief operating officer. Dow, who will remain based in the Dallas-Fort Worth city, brings more than two decades of managed care experience to the New York startup. Dow has worked closely with large physician organizations in North Texas to implement financial and care models and has a deep background in operations, ACO management, contracting, and more. Yuvo Health is a New York-based startup founded in 2021 by a BIPOC founding team. The company aims to provide administrative…
