This action might not be possible to undo. Are you sure you want to continue?
Zipcar is the world's largest car sharing and car club service • Combines the best of Car Rentals and Car ownership • Hourly Rental • Self-service. multiple locations • Consumers • Businesses • Fleet Management .
9000+ vehicles 605.000+ Zipsters 30+ models of Zipcars 230+ campuses 700+ Employees . Massachusetts 2006 .Timeline 2000 .Launched in Toronto and London 2007 .Merger with Flexcar Today.Founded by Antje Danielson and Robin Chase at Cambridge.
7m 24% increase in revenue 200% membership growth Y-o-Y $ 360 per year per zipster .Financials Net Income: 0.
92% of the company Other Investors: Benchmark Capital Greylock partners Values: 1. be the best we can be 3.Corporate Scott Griffith (Chairman and CEO) MBA from Booth Owns 3. obsess about the member experience 2. have an impact Achieved? YES . deliver results 4. keep it simple 5.
"Best Travel Gadgets of 2009" .User Experience Time magazine’s .
Benefits Universities • Reduces parking problem • Reduction in Carbon Footprint • Maintenance free solution Students • 24/7 access to cars • Economical (all included) • Hassle free • Cars on campus Zipcars live here! .
Impact Transforming Urban Life Social Change Environmental Commitment .
right down to the website and the green theme • Compelling value + recognition = inertia • Collaborative consumption is cool! Disruptive . • Hertz created a copycat.My two cents Profits highly dependent on: • Gas Prices • Maintenance costs • Parking • This segment commands high initial investment. long gestation periods and slower growth compared to internet ventures.
Questions? Questions? .