Partnerships ‘More Productive’ Than Equity Investments, Getaround CFO Says

  • Natalie Mattila
  • November 30, 2017
LAS VEGAS — While equity investments are beneficial for startups, “arms-length” transactions or strategic partnerships that rely on factors other than equity return are often “more productive,” Getaround’s Chief Financial Officer Adam Kosmicki said at the 2017 Auto Finance Summit. “The expected value of [that equity investment] can often be a lot lower than investing internally […]

Getaround to Expand TFS Pilot Program, Seeks New Partners

  • Natalie Mattila
  • June 21, 2017
Peer-to-peer carshare platform Getaround looks to extend its pilot program with Toyota Financial Services to additional cities by 2018, Chief Financial Officer Adam Kosmicki told Auto Finance News at Auto Finance Innovation 2017. Toyota and Getaround partnered in January to pilot a new mobility services platform in San Francisco that aims to help consumers rent out […]

Who Will Own The Autonomous Vehicle Rideshare?

  • Emma Sandler
  • June 13, 2017
The car you drive to work has a steering wheel, a floor pedal, an infotainment system, and an emotionally intelligent AI system that can understand your driving patterns and preferences. But when you arrive to work, you don’t park your car. Instead, you get out and the car continues moving forward autonomously, on its way […]

Getaround Offers Income, Credit Boost

  • Natalie Mattila
  • June 7, 2017
SAN DIEGO — Potential car buyers are looking to Getaround — a peer-to-peer carshare platform — as an “equity-like income stream” that could boost their chances of landing a loan or lease, the startup’s Chief Financial Officer Adam Kosmicki said during a panel at last month’s Auto Finance Innovation 2017. “From an owner’s perspective, when you list […]

Getaround Aims to Develop On-Demand Maintenance Services

  • Natalie Mattila
  • May 18, 2017
SAN DIEGO — Getaround is preparing for an autonomous future by developing technology to enable its platform to provide on-demand maintenance services, Chief Financial Offer Adam Kosmicki said at Auto Finance Innovation 2017 yesterday. Getaround is the sharing access point for a vehicle, Kosmicki said. “We have built a technology platform where, in a lot of […]
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