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That's interesting. Zipcar was acquired as it's growth just wasn't good enough (Q3 was 15% YoY I think I read) Stock was well below IPO levels. Too often I see
by jusben1369 14y ago
That's interesting. Zipcar was acquired as it's growth just wasn't good enough (Q3 was 15% YoY I think I read) Stock was well below IPO levels. Too often I see startups do a) Initial crazy pricing deals to get traction b) Initial members who will light up the internet if they're not grandfathered forever and c) Initial members who curse when the service shuts down or is acquired.
Now if that lack of an annual fee really is what enticed you then maybe the economics of these services aren't compelling enough to built independent, sustainable businesses.