Jessica Scorpio - 2012 Lean Startup Conference
9 likes•7,000 views
The document discusses Getaround's CarkitTM, a device that allows people to rent out their personal vehicles on a peer-to-peer basis when not in use. It notes that cars sit idle for 5B hours daily and that car ownership costs 19% of median household income on average. Getaround's CarkitTM is patent pending worldwide and costs $200, with insurance included through Berkshire Hathaway to cover variable rental costs and claims handling. Recent legislation was passed in California, Oregon, and Washington to enable peer-to-peer car rental through platforms like Getaround.
Jessica Scorpio - 2012 Lean Startup Conference
- 1. Prototyping to validate a BIG idea Jessica Scorpio @jessicascorpio
- 2. 5B daily un-utilized car hours
- 3. Car ownership is... expensive
- 4. 19% of median household income to own and operate 1 car
- 6. Insurance Legislative Tech
- 11. Getaround Carkit™ Optimized for p2p – Patent pending worldwide – $200
- 12. Insurance by Berkshire Included – 100% variable cost – Claims handled by BRK
- 13. 1. 2. 3. Search Rent Drive
- 14. AB 1871 passed in California HB 3149 passed in Oregon HB 2384 passed in Washington