I’ve always thought it would be a multi-million dollar idea to start a company that specializes in on demand/rideshare software. And although Uber and Lyft dominate the rideshare scene today, there are still a whole host of competitors looking to take their market share. Some companies like Juno are more driver friendly and others like Wingz specialize in scheduled rides, but their apps all work pretty much the same. Customers request a ride with the tap of a button and a driver gets the request and drives to them and drops them off.
I’m obviously simplifying the process but it’s clear that all of the rideshare apps are becoming more similar as the years go on. Today’s guest has actually built and exited two rideshare companies in Europe and is now licensing the very technology that runs all of these platforms to up and coming companies in the United States. I don’t know much about building an app but in today’s interview we dive into everything it takes to launch a new company from the technology side and we even talk about how much it costs.
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