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I Rented a Tesla Model S for $25/hr From Getaround. This Was My Experience.

Getaround is a car sharing service like Zipcar, except that it uses people's private vehicles instead of a fleet.  It's a bit like AirBnB for cars.  Getaround is part of the "collaborative consumption" movement, which believes that if we could share things we don't use most of the time it would be better for us in a lot of ways.  Sharing cars means less cars on the road, which means less pollution, and generally less "stuff."  

I'd never used Getaround and a few weeks ago I was trying to figure out why.  I pinged Jessica, one of the founders, and told her that what I'd realized was that I didn't want to have to go to someone's house and "borrow" their car.  The thought of actually interacting with the owner of a car was awkward enough that it had kept me from trying the service.

Jessica told me about a new type of rental they now have called "Instant," where I can use the Getaround mobile app to rent a car instantly and unlock it with my phone, meaning I wouldn't have to meet the owner or wait for approval.  (This dovetails really well into my recent blogs about the power of mobile and apps to transform businesses, and how Fortune 1000 CEOs are going to get fired for missing it.)  Getaround Instant was exactly what I was looking for, so my brother-in-law Dal and I decided to give it a try.

I had a few hiccups that Getaround is still working through (for example, Getaround verifies a driver's driving history with the DMV in real-time, and since my last name has a hyphen in it, but the DMV doesn't account for hyphens, my rental request initially broke Getaround's booking system.  But both Jessica and Matt were very proactive at resolving these speed bumps).  Overall the process was incredibly smooth:

Mega Trends, Social TV, Liberating Data & More at the Mobile Outlook 2013 + ApolloMatrix Happy Hour

Paul Sherman, the editor of Pototmac Tech Wire, puts on an awesome Mobile Outlook panel every year.  I participated in 2010 and 2011 and again this year at USA Today's Gannett HQ in McLean, VA.  It's funny to go back and watch the older panels when we asked for a show of hands -- back then, everyone was using Blackberry phones and only a few early adopters had Android phones.  Oh, how quickly things change -- at this year's panel the ratio was reversed.  And interestingly, nobody was using a WindowsPhone device.

As I get into angel investing, I'm creating a framework with which to evaluate potential opportunities, which I presented as a keynote at the event.  My main message:  Find the good ideas that are masquerading as bad ideas -- therein lie the billion dollar exits.  This is a tip I picked up from Paul Graham's excellent Black Swan Farming essay.  Here's a Venn diagram of what these "good ideas in hiding" look like:

This is super counter-intuitive, because we all tend to look for the good ideas, both as entrepreneurs and as investors.  In the slides below, you'll see that the framework I'm developing focuses on teams that can prototype & iterate quickly, are doing something in a meaningfully large market, and can "dump the poop," or pivot quickly when it turns out that a bad idea is actually just that:  A bad idea, and not a good idea in hiding.