Tech

The woman who rang Uber's IPO bell is Austin Geidt, whose life is the stuff of Valley legend

Uber bell Austin Geidt
Austin Geidt Reuters / Brendan McDermid
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Uber went public on Friday in one of the largest initial public offerings in history.

Travis Kalanick, its founder, former CEO, board member, and largest shareholder, who was forced out a couple of years ago, was told he couldn't stand on the New York Stock Exchange opening bell dais, much less ring it. (He was there on the floor in the crowd with his dad though and was greeted with applause when he walked in.)

Uber Austin Geidt
Uber exec Austin Geidt  YouTube/Fortune
But Uber's current CEO, Dara Khosrowshahi, didn't ring the bell either.

That honor went to Austin Geidt, Uber's fourth employee.

Her career story is the stuff of Silicon Valley legend.

In 2010, she saw some tweets about a startup looking for an intern. That startup was Uber.

The economy was still rocky in the aftermath of the 2008-09 financial collapse. Jobs — even internships — were hard to get, and her résumé was "blank," she told the audience at Fortune's Most Powerful Women Next Gen Summit in 2015, when she was 30 years old.

Read more: Here's who's getting rich on Uber's massive IPO

She reached out to Uber's CEO at the time, Ryan Graves, who told her to put together a presentation about herself. Having struck out so many times, she went all in, loading her slide deck with humor and pleading with him to give her a shot.

Austin Geidt uber
Austin Geidt/Twitter

And she became employee No. 4. As an intern, she did everything from cold-calling prospective drivers to handling support calls.

Within five years, Uber was everywhere, one of the most important new companies the Valley produced. And she was one of the company's most powerful executives. She ran the team that expanded Uber into new international markets. Her role at the company has since grown to include head of operations at Uber's self-driving-car unit, the Advanced Technologies Group.

Even four years ago, when Uber raised another $2.1 billion and hit a valuation of $62.5 billion, her stock options had made her a very wealthy woman.

Because she's not a named officer, the company doesn't have to reveal how much stock she owns, so we don't know how many millions she made on Uber's massive IPO.

But it was a surprisingly painful journey to get here, she has revealed.

When she was 19 and in college, she had a drug problem, she said.

"I had a drug addiction. I got sober. I'm 10 years sober," she said in 2015. "I was in a really dark place."

She said that "it was a moment of stepping back with my family" and realizing "I don't like who I am — I just kind of physically, spiritually, emotionally was just really sick."

austin geidt and ryan graves
Two of Uber's earliest employees, Austin Geidt and Ryan Graves are now top-ranked executives.  LinkedIn
She went to rehab, but it really took her a few years to heal. She left school during that time and returned, sober and 25, to graduate.

But she "was so insecure about feeling behind," she said, adding, "I was a sober, 25-year-old senior, which was a very different experience."

It seems as if a high-pressure job at a Silicon Valley startup, especially one as watched as Uber, would be a dangerous amount of stress for someone newly healed from addiction.

But the opposite is true, Geidt said. Though she loves the job and the company — "I live and breathe Uber," she said — the rehab experience keeps her grounded and gave her management skills.

It taught her to be honest and direct, to turn feelings of being overwhelmed into small, manageable steps, to have a "sense of humility" rather than "feeling self-important," she said.

But ultimately, it keeps her focused on the important stuff in life.

"I'm so proud of the work my team has done at Uber and of the work I've done at Uber. But it's not the proudest thing I've done, right? I'm more proud of being sober," she said. "I just have perspective."

Here's the full interview from 2015:

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Julie Bort was Business Insider's Editor at Large for the Tech team. She loves investigating stories and shedding light on the tech industry's most amazing people.Here's a small sample of some of Julie's work.Former Pinterest employees describe a traumatic workplace where managers humiliate employees until they cry, Black people feel alienated, and the toxic culture 'eats away at your soul'Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream and the messy reality that tanked itInsiders say WeWork's IT is a patchwork of cheap devices and Band-Aid fixes that will take millions to fixWeWork's toxic phone booths were created in-house by its Powered by We business70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon MuskElon Musk works so many hours at Tesla, employees are constantly finding him asleep under tables and desksHow this woman went from a Pizza Hut employee to a founder of a $4 billion startupAn Oracle insider explains how some salespeople gamed the system to sell more cloudTHE TAKEDOWN OF TRAVIS KALANICK: The untold story of Uber's infighting, backstabbing, and multimillion-dollar exit packagesMicrosoft is in talks to buy GitHub, a startup at the center of the software world last valued at $2 billionThe alarming inside story of a failed Google acquisition, and an employee who was hospitalizedInside Facebook's plan to eat another $350 billion IT marketHow a registered sex offender wound up living in an Airbnb hosting unsuspecting guestsA controversial ex-banker is the person who really runs Twitter — and he's gambling the company's future on one risky betSecret passages and skipped meals: Oracle's CEO gave us a rare peek at what it really takes to run a $37 billion companyHP told some employees to choose between becoming contractors with no benefits or being fired without severance'I felt like we were being extorted': Customer says Oracle tried to strong-arm him into a cloud saleHow the queen of Silicon Valley is helping Google go after Amazon's most profitable businessAirbnb host: A guest is squatting in my condo and I can't get him to leaveLIES, BOOZE, AND BILLIONS: How one of the fastest-growing startups in Silicon Valley history raised $580 million then spiraled out of controlGitHub is undergoing a full-blown overhaul as execs and employees depart — and we have the full inside storyWhen she's not writing for Business Insider, Julie can usually be found on the trails, on my mountain bike, or on my skis, if you know where to look.