Robin Chase is a transportation entrepreneur. She is co-founder and former CEO of Zipcar, the largest carsharing company in the world; Buzzcar, a peer to peer carsharing service in France (now merged with Drivy); and GoLoco, an online ridesharing community. She is also co-founder and Executive Chairman of Veniam, a vehicle communications company building the networking fabric for the Internet of Moving Things. Robin recently authored Peers Inc: How People and Platforms are Inventing the Collaborative Economy and Reinventing Capitalism.
How we finance platforms matters, since the financiers ultimately create the rules of engagement for those who choose to use them. What are the realistic options? A good platform makes the complex simple and gives people the power of the corporation. A good platform grows faster, learns faster, and adapts faster than the competition, and therefore it tends toward monopoly. Good platforms are also very difficult to build—most fail—and costs non-trivial amounts of money. So, what are the financing options? What is a possible path ahead?