Скачать или смотреть Rideshare startup doesn't own any vehicles | Fetii | Shorts | Why We Strive Podcast #6

This YouTube Short is from episode 6 of the Why We Strive Podcast featuring Fetii. In this clip, the founder of Fetii describes how they don't own any vehicles and proceeds to breakdown the business model.

Watch the full episode here:    • The Uber for large group transportation | ...  

https://www.whywestrive.com/episodes/...

Podcast hosted by Cory McKane

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Fetii transports groups and businesses together, on-demand
Fetii is a group rideshare app that lets both consumers and businesses order 15-passenger vans on-demand. Users pay using a QR check-in system that splits payments seamlessly amongst the group at time of boarding.

People love traveling with their friends but reserving a vehicle days in advance, with 5 hour minimums for a 10 minute ride, and splitting the bill for large group rides has always been a pain in the butt. It turns out that if you provide on-demand capabilities and move payment into an app like Fetii, it removes friction and people want to travel together a whole lot more.

Uber has shown that people love on-demand transportation, and it’s a massive business, but the ugly truth is that the unit economics of driving around 1 or 2 people are horrible. We’re taking the only profitable part of on-demand transport - transporting groups - where the unit economics are incredible and there’s still tonnes of demand.

Episode featuring:
Matthew Iommi | CEO

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Rideshare startup doesn't own any vehicles | Fetii | Shorts | Why We Strive Podcast #6

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