RSG138: Guillermo Cornejo of Riders Share – Motorcycle sharing!

In this episode, I’m chatting with Guillermo Cornejo of Riders Share, an Airbnb-type service for motorcycle riders. Really excited to share this with you – you’ll learn a ton about the motorcycle industry, Guillermo busts some motorcycle myths for us, and we’ll cover the challenges facing this industry as well.

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Intro to Guillermo Cornejo

  • Guillermo Cornejo of Riders Share, an Airbnb-type business for motorcycle riders and owners
  • Founder and CEO
  • Has over 10,000 motorcycles on the platform
  • Has raised $2 million in VC funding

Riders Share

  • Riders Share – can expand into things beyond motorcycles, so the name was long-term thinking
  • Concept has been successful with cars, RVs
  • Motorcycles are an expensive asset, not widely shared
  • First company to launch with an insurance policy for motorcycles

Renting on Riders Share

  • Can rent a motorcycle around $100 through Riders Share (includes insurance)
  • Exploring new cities on motorcycle – nothing like it!
  • Unique marketplace for consumers
  • Most customers are travelers who rent while traveling

Future Growth Opportunities

  • Need to have a motorcycle license to get on the platform – limits number of people who can sign up
  • Starting with experienced riders first
  • Opportunity to move into different types of riders depending on safety, risk factors
  • Most brand-new motorcycle owners are older

Popularity of Motorcycles in the US

  • Scooters, motorcycles, etc. more popular in other countries
  • A lot of people in the US consider their motorcycles as their ‘babies’ – makes sense since they are expensive
  • However, money typically gets people to rent out their motorcycles
  • One owner made 10% ROI by renting out his motorcycle
  • Owners set their own prices – one owner is making over $10,000 a month

The Future of Riders Share

  • Don’t need millions of riders to be successful
  • Demand-side potential is strong
  • Goal is to be inexpensive enough to encourage people to use motorcycles, get used to them, etc.
  • Opportunity to use highway-approved scooters for delivery, rental


  • Big thanks to Guillermo for coming on the podcast!
  • Covered a lot about motorcycles and the business
  • Excited about the progress of Riders Share in the future!
  • Imagine riding a Harley in Hawaii!

Show Notes