StartupsApr 11, 2018
Capital OneKNABRIAF

Uber buying Getaround?

Uber added Jump to the app a short while before acquiring. Is the Getaround partnership going to get the same outcome?

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Uber jinro Apr 12, 2018

Maybe. Seems less likely though. Jump had a lot of IP with their tech, and a monopoly on the SF market. It’s still a very young market and buying Jump allows Uber to catch up. I’m not sure if Getaround has a lot of IP. Also not sure if we want/need a 2 sided marketplace or just car rentals. Rentals is a money sink and not very profitable in general.