July 20, 2017

Dissatisfaction drives car-rental startups

Portrait Of Smiling Senior Man Driving Car
Copyright: daisydaisy / 123RF Stock Photo

Car rentals make me crazy. So during my last California trip (in the middle of yet another rental car pull-out-your-hair experience) my eyes couldn’t help but spot San Francisco street spaces reserved for Getaround cars.

“Getaround?” I said as I circled the block in the rental I was cursing, looking for a spot to pause it in for a few moments. Yes, Getaround.

In yet another example of the sharing economy, your personal car can switch from money pit to “disrupting the transportation industry” via this 2011 startup, funded by luminary angels including Ashton Kutcher (actor) and Marissa Mayer (recently departed CEO of Yahoo).

Armed with venture capital and the fun factoid that the average car sits idle 22 hours a day, the founders started building the company in 2011, launched in 2013 and four years later have 200,000 members and tire prints in seven cities: San Francisco; Oakland; Berkeley; Chicago; Portland, Oregon; Washington, D.C.; and Boston.

Car seekers get a local car in a local location, bookable by the hour — $5 and up depending on location. You find your rental via an app on your mobile device, and unlike the mysterious brew of traditional […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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