Wednesday, June 10, 2009

Zipping to money

June 10 (Bloomberg) -- Zipcar Inc., the world’s largest car-sharing company, is gearing up to publicly sell shares in 2010 as it fends off rivals such as Hertz Global Holdings Inc.

Below is a 10X diagram that describes the disruptive nature of ZipCar. Note that their business model, i.e. control sub-system) targets delivery of a $10 transportation service on a community scale (delivery resolution) with a 1hr usage interval. Traditional car rental agencies are less nimble. You can't move them with a tenner, and you would have a hard time getting a good service outside of a major airport or attraction (town vs community delivery scale).  


On the left is a screenshot of ZipCar's price list. Note that they don't compete with Car Rental majors in the daily rental category. Not yet.

update: 1. Hertz' response
2. NYC cab rates.

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