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#13 Subscribing vs Owning, How Autonomy makes money, Future of mobility, Handling a $20M swing in value, EV predictions | Scott Painter, Founder & CEO of Autonomy
Car Dealership Guy Podcast
The Importance of Cars in Ridesharing
SoftBank invested $380 million in the company through the Vision Fund, which is just a tremendous amount of capital. SoftBank's objective investing in Fair was they wanted to provide cars into the rideshare business. The low end Uber driver is somebody who's got basically minimum wage income otherwise and they are sort of in the 500 FICO range.
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