And The Winner Of TechCrunch Disrupt NYC Is…Getaround!

Our bar cocktails with Deco. Sprint has been providing the master Disruptive on Techcrunch.com Tagged hosted the large recharge lounge behind reception. You've enjoyed after parties this week from both Media Temple and Mail Chimp. Tonight's after party is being hosted by GE. It will be at Greenhouse tonight starting at 9 o'clock, 150 Verrick Street so make sure you join us.

We also want to thank GE for their interactive conversation wall that they have been hosting in the exhibit area this week.

We had a lot of people who help to make our hack-a-thon possible this weekend. They include Talk Box, Palantir, QualCom, Drund, Bing, iContact, Julio and Mashery. We had a fabulous Red Bull lounge which included their creator activities and DJ Monster Truck. And we have our long-standing partner, Google, who's always help to make sure that our start-up Battlefield is well partnered.

Product sponsors include Daily Steals, .me, Group Logic, iContact, New Atlantic Ventures, Oyster.com who helps you to get hotel rooms, Virgin America for air fare. Productiv, who hosted the TechCrunch Disrupt Startup Battlefield application process, Parlor.fm Quicksee, Softplayer, V-Corp and Vintage Filings for their printing program guide.

In all, we had over 25 exhibitors and a hundred companies in our startup alley, so thank you to all of them.

We 're also really lucky to have an incredible set of service partners. For those of you, who have been tuning in through the live stream hosted by Ustream. we've had over two hundred thousand views from Monday through now. Including over a hundred thousand unique visitors viewing into this stream.

Did they play the videos?

The videos.

The Saluto video, and the quickie video..

Yes, you missed that earlier.
I wanted to see him.

Oh.

Are you good, are you done?

Not quite.

Can we do the sponsor stuff after?

No. We have 33,745 viewer hours watched so far. Thanks also to NewTek who helped with the TriCaster to make the stream possible. We had terrific bandwidth in the facility. 230 megabits brought in. Myriad Systems hosts the network. Business Only Broadband is the provider. David Wilde Productions, thank you for all the A/V work and support that you've done.

They were great.

We had Giovanni and Lucas from Cemendez who did the huge Disrupt art installation and Alexander Inspiros from Allstate Banners, who literally covered all 133,000 square feet in printing and digital signage.

Ok, thanks very much.

Thank you to the 150 volunteers and 150 speakers and luminaries who volunteered their time to make this possible.

That's for real. It's unbelievable how much more money we make because of the people who work for absolutely nothing for us at these events. Seriously, it's awesome. We've ended up hiring quite a few of them.

Jenny McFeirson, Genie Legoso help oversee both the volunteers and sponsorships., in particular, and Tanya Porquez is our Events Director. She actually made all of this possible. Let's give her a huge round of applause.

Woooo.

Tanya come on up.

Okay, let's do this one and then let's do...

I have to do something first.

Oh, okay.

Yep.

Thank you everyone for sticking around to hear the finals. I know you're all really exited to see who's gonna win tonight. It's been a real honor for us to get to know all of you and all your companies. And what I'd like to say is that many of have participated in our audience choice voting on Monday, Tuesday, and Wednesday and we have been doing giveaways, courtesy of dailysteals.com.

So, many of you have been eying the Motorola Zoom,The Nook Color and a Kindle, so I have a couple of. So, if you have your card out and these are your voting numbers, come see me and we'll be happy to give these things to you for free. So, U-8-4-0-1-5 . I'll repeat, U-8-4-0-1-5. A, as in apple, 5-7-7- 0-8, A-5-7-7-0-8?

Any winners? Then come on up and meet me up here. U-7-7-7-2-7. Repeat. U-7-7-2-7, any winners? Over there? Great, come on up. M-5-1-7-5-1 and one more time M-5-1-7-5-1. So come Come and claim your Nook Colors, your Kindles, and your Motorola Xooms, courtesy of DailySteals.com.

A Motorola Xoom?

Yeah. Whoo! I don't know.

And it's actually, yeah, can I give away?

It's great.

Very nice, yeah.

Just take it.

You have a Xoom?

Who was that from? Daily what.com?

DailySteals.

Oh, wow.

Not a, not. Totally legitimate site, love it.

Yeah.

Okay.

Next up we have a corporate award being sponsored. It's the Bing Decision Award. Presenting that is friend, Barney Pell, who is chief architect of Bing Local Search.

And an investor in at least one of the start-ups.

And an investor in at least one of the startups. He's also the associate founder and trustee for the Singularity University and cofounder and CTO of...

He's building the moon-landers.

Exactly, Moon Express.

He's actually building stuff that's going to land on the moon supposedly.

Are you going to make a trip?

Well no, not my thing, no.

Barney? Whoo! Whoo!

Hey.

You got five seconds. Wow that's fast. Hi everyone. So I'm happy to present the Bing Decision Award. This is given to the startup present at the conference that we felt most furthers the cause of helping users to make decisions. The award has, there's three parts to it, the first is a trip to SEO bootcamp with Bing.

The second is.

Is that mandatory?

Yes, mandatory.

The second, I'm forgetting where we are. The second is that Bing is going to help organize and sponsor your launch party. And the third is a lunch with Chi Lu, president of online services at Microsoft. And she is a fantastic person; that's really a great treat.

The choices were very hard. There's a lot of great companies here, and I want to salute everyone, all the entrepreneurs for your great passion and your great ideas. So, just an honor to be here. And, with that said, the Bing Decision Award goes to DoAt.

What up, guys?

Good choice. Good choice.

What up?Here you go. Congrats man. Congrats, welcome. Yeah, congratulation. Good job guys. Okay.

You didn't bring any connects.

No, I'm sorry about that.

That would have been a real crowd pleaser.

Thank you. Is that it? What about the audience choice thing?

Oh, audience choice, that's right. I know who the audience choice is?

Is that a sponsored thing, or could we just move on?

So, the audience choice award, based on your voting, goes to Getaround. Could you please come on up.

And we're going to bring everyone on stage? We're going to bring the six finalists on stage as well?

Did they get anything for the audience choice award?

Yes, come on up you'll get a slap on the back.

No, congratulations, you were the audience.

favorite . And I want you to stay on stage.

That's great. That's good.

So, stay on stage and let's call the rest of the six up.

Get them all up.

The other 5 finalists: DoAt, BillGuard, ccLoop, invoice8, ASAP.

Well, Getaround just won an award, do they need to stay up here?

Sure. Build suspense.

And DoAt won the award too - you only get one award, right?

No, you could still win more awards.

I love fucking with them, it's awesome. I told Getaround the exact same, I said "What? What happened with you and such and such judge?" And I made them sweat for a few minutes.

Yeah, there was a little altercation back there between the judges and the attendees .

So, what are you going to do? Are you going to say which three should stay up?

Right. So, we have the deliberations in the back with the judges.

Can I just say that I'm prouder of this group of finalists than I've ever been of a group of finalists at one of our events before. This is, without a doubt, I will be a loyal user of everything up here, except for Invoice Asap because I wouldn't invoice anyone, but if I did I would use it. I think everyone here is going to end up using all these, it's great!

I think it's the strongest group finalist we've had.

It's buildup art, if the business model wasn't so screwed up, I would definitely use them, I think.

If they would just charge me.

But there could only be one winner.

Only if they charge me, yes. Okay so hat we're going to do is we're going to keep three of you up here. It's going be an elimination.

I think just name the three that should stay up and then.

So the three that should stay up, in alphabetical order, Billguard, please step forward, please a round of applause. Getaround. And the third: Sonar. So, now you get to take over. If you don't mind, could you stay on stage so we could get group pictures.

Yes, everyone stay on stage.

So, we have a runner up and we have a winner and if good decisions I take the credit for, bad decisions it was all the judges. This is the hard part because every company on stage here I actually think is going to have a really fun time building a company and making a lot of money. So this part is a little hard for me.

For the first time, actually, we had a tough time and we are gonna actually have two runners up, and there is no order for them. In the past I've said who the runner-up is and sort of says who the winner is. I'm going to say who has actually won the event and the other two companies are the runners up.

Does that make sense to everyone? Ok, so the TechCrunch Disrupt New York 2011 winner, is Getaround. TechCrunch Disrupt.

Which one of you is taking the cup?

Congratulations.

Free champagne.

TechCrunch Disrupt.

TechCrunch Disrupt.

TechCrunch Disrupt.

TechCrunch Disrupt. TechCrunch Disrupt.

Can we have all finalists up for one group photo, please?

TechCrunch Disrupt.

Well, Aaronson stole Sam, but I still wanted to announce who won the day in the Tesla. We just selected one before we came up on stage and I'm very excited to announce that David Lipkin from Brooklyn is our winner. So, we'll be contacting him. He can claim it here in New York, this week, or in San Francisco.

And I wanted to thank everyone so much for this and for the other award for audience favorite. That really, really means a lot to us. We are so excited together with all you guys to totally Disrupt car ownership.

I just want to say one thing which is obviously to thank everyone who is part of Getaround back home; who's been managing Twitter; doing everything to support us here. That's awesome. And a plug for Singularity University. Both Jessica and I were students in the inaugural class of Singularity U. They taught us everything we know about presenting.

And if you enjoyed the presentation - highly recommended, awesome program, forces you to think big. Just a great, great school. Thank you very much everybody who voted for us and for everything. All the support, it was awesome. Thank you. What's going on? Could this be my understanding? It's not your fault, I was being too demanding.

I must admit it's my pride that made me distant. All because I hoped that you'd be someone different. know about you. Fear will always make you blind. But the answer is in clear view. It's amazing what you'll find face to face.

..alone , but not for very long. GetAround is making their way back. I'm sure you've all read or seen by now, they were the winner. They got audience favorite and,

and it was incredibly tight between the top three: Getaround, BillGuard, and Sonar, who thought they were the underdog. They got up in there and they are now tied for runner up.

Mike said on stage that he thought this was the best class we ever had. The best group of finalists. I couldn't agree more. I think this competition has really evolved over the years that Tech Crunch has been doing it and to have, for only the second time in New York, the best class of finalists we've ever had.

This city should be really proud, the community should proud and I think a lot of these companies are going to have really great futures and I'm surprised there was two enterprise companies in the bunch.

It was a lot of diversity. It wasn't just social media, wasn't just badge companies so all entrepreneurs who are thinking that they can't submit to disrupt if they don't have a social network or badge media company obviously proved that is not true. You can still win the competition renting space in cars and disrupting the real world.

I don't know, my co-host abandoned me all day and Getaround is making their way back.

Sorry, I thought you were doing the...

Really, and what gave you that? Asking me? No. Did you have a nice relaxing day at the hotel?

I most certainly did. It was lovely.

What do you think?

Who won? What did I miss?

Getaround. What do you think?

I said earlier if Getaround or BillGuard won, I'd be happy. So, I am thus happy. I can now tell my DemoPit story about Getaround that I couldn't tell earlier because I didn't want to... So I encountered Sam and Jessica from Getaround three years ago at the first TechCrunch 50 when they were in the DemoPit.

Sam was doing a totally different company. I can't even remember the name of it. And they are the ones who got kicked out by Jason Calacanis for aggressively pitching for the tokens that you got. And so they were kicked out of TechCrunch 50, out of the DemoPit, never made it onto stage. And now they've come back with a totally different company.

Jessica is now a cofounder.

Hopefully more ethics?

Well it was kind of the war ethical issues but it was kind of funny ethics. And they won. And they won with a totally company good San Francisco based company which is a bit awkward to take one to New York, but I think a good result. Bill Gotto would have been just as positive. I had a moment there when I thought Sonar might win it?

There were all a bit like, maybe.

No I knew it was gonna be one of those two.

I am glad.

But you know what.

But you preferred BillGuard right?

I did prefer BillGuard, which I have now talked about 400 times.

Oh! I am sorry.

I don't think we need to go over that again but, you know, I would say something interesting I did, you know, kind of final interviews with all the panelists.

Yeah.

And asked if they were disqualified, who they think should win and I think Getaround and got the best choices.

Well they got audience choice and.

Do you We have to talk to the winners first.

We're talking to the people.

Mike Arrington this is what he does all day long, just walks in and.

Mike is trying to drag us off so all you'll get is dead air.Get Phil Guard in here. OK.

We need to win it.

Lot of robot cameras like, where do I look? Look at that look.

It looks like a confused doll light.

For those of you who don't want crunch TV normally.

This is what usually happens.

Quite frequently Mike will just come in and start bellowing and walk out of shoot.

Yeah I need you guys now! It is just like.

Do you think if we got one of those on air lights it will make a difference?

I don't think if we got an electronic gate or some sort of electronic fence.

What if it was one that locked the door?

I don't think it would help. I think he'd find a way.

All right guys come on back in.

Alright. What do we got next?

No we don't have any room for you because there are too many founders.

I can post it to my virtual friends. Get in here, get around.

Oh my God!

Jesus Christ, this is your moment.

These guys! We just gave you fifty grand.

We want our money back.

We just gave you..

Assholes!

Do we have a microphone for these people Here, just hold it. In fact, yeah, come in here Alexia.

I'm giving Jessica my microphone.

Alright so, this is just divine call me in a cab, as every party should.

Congratulations you guys.

So, you guys not only won, but got Audience Choice. And Paul Justice blows the big secret about you guys that you got kicked out before.

Am I miced? OK. So that was my last company that I founded. It was a company called Bazarro.

That's it!

We do retail price intelligence and actually I'll give a shout out...

Cal Cannis kicked you out of the demo.

Cal Cannis kicked us out.

So did you cheat this time, is that how you won?

I have to go on record and say, awesome company, we work with Overstock, Sears, like lots of great companies. Alex Ranks, the CEO, is an awesome dude. They're doing great stuff.

And you were going to say we didn't cheat nd then you didn't explain how you didn't cheat?

No, we just marketed, and like, there wasn't really rules that we were told.

Well, you know, it was an ethical petri dish.

definitely . They very were aggressively ...

We were aggressively marketing, yeah!

You're not miced.

for the Audience Choice Award And now For the record, I don't think you should have got kicked out, but I'm really glad, but the point is Let 's move on to this year. We'll have to have this conversation later. So, did you think you were going to win?

We felt like we won once we blurted our second pitch. Not like we won the prize, we won for ourselves. We'd done what we wanted to do, we'd done a great job, we were happy with it. If we win or not, and honestly, it's a great feeling to win, but you know I think that we would be happy at that point regardless.

So when Qwiki was announced as the winner they immediately went ape shit. You guys looked stunned for a minute, it took you all cause I was looking at you and you were like...

Wait a minute.

It's like someone had to nudge you to tell you had won.

I mean look at the competition; there were a great set of companies. I don't know, we didn't set ourselves up going "I didn't go into the psychology" thinking okay we were gonna win. If we deliver two great pitches and we get the buzz rolling for it, then we achieved our mission coming here.

Did you think after you won audience choice that like That I was able to like when we call by.

I don't think any one ever won both of those.

Yeah. No I don't think I have. Because I thought I didn't know who won and I saw that and I was like Oh! OK. So I guess BillGuard. Not that obviously they are going to adjust the voting, but it did normally feels like there is naturally balanced things and one wins one and one wins the other, and it was just like, oh wow.

Yea exactly right. And you go the best screen play and best film, so well done.

So, yeah. I don't know. It's great!

How are you going to celebrate? What are you going to spend the 50 grand on?

First we have to get out of shock.

How much money have you guys raised?

I guess we can disclose that, we've raised wo and a half.

Two and half. And so what are you going to do with the 50 grand? It is the proper answer.

There it is. That's what I was looking for.

Personally, are you guys going to go out of the team and like have indulge in one thing, one fancy dinner, one So what are you going to do? New York, all out there for the taking before you go back to San Francisco. What are you going to do?

Larry Flint's Hustler Club is just down the block.

Well, I know we'll all go out together. Last night when we got the news that we were made it to the finals then we were super happy then. We are a very pirate team. So we will be out together we will be in the tech crunch community celebrating with everyone in? I know Quicky said we're your after party so.

Well, and I should say, Quicky was sitting on the couch right before and he unabashedly without asking had said, I really hope I pass this on to Getaround.

Yes, that's awesome. We just went by there a week ago to get some good tips on how to present.

We did not bribe any judges. You are not Listening.

What are you going to do with the cup? Yea I don't know do you have any suggestions, Sarah?

You know Solutions did a whole thing, you know the old video running through a beach, they played a thing.

You have to beat that. You have to throw it at them.

No they didn't. Okay, first of all that's weird. Elliot, Elliot This isn't total silence in the case. This is a crazy day.


Actually Qwiki is right next door down the blocks. So staying actually in San Francisco. Which is pre-set. We'll see how long that's.

What are you going to say about that? They came to New York then taken him and go back in San Francisco.

Wow.

Why don't you try the cross country in the Tesla? Smackdown ; that's a good idea. Who's is that by the way. So wait; you can actually get the Tesla on Getaround.

Yeah, we actually have 2 Teslas on Getaround; one orange one, one red one, it rented from real owners.

That's ridiculous.

And what did they rent for?

Fifty dollars an hour.

They must be investors, right? One's an investor, one's an organic.

One's just a guy who "I never use my Tesla, I'll let anyone use it".

No, no, no, I see on you can actually filter who uses it.


Yeah, they don't let anyone use it.

Sometimes my wife can borrow.

I asked Fred Wilson earlier, I said, "why don't I use it? " "Do you have a sweet ride I can use?" And he said "Absolutely, I have got this four drive Jeep Wrangler up in Long Island" and I"m like, "ok, wealthiest investor in the world". That's not what I was thinking.

First of all, I love how Fred Wilson is Matthew Mcconaghey in your head. Alright, I have a Texan accent.

Well you know I can't do his natural Christopher Walken accent so, I go with Texan.That's my default. All right. We are going to wrap and let you guys get to partying. Jess, I'm going to count on you to send us incriminating photos because I think you're going to be the responsible one of the group.

Congratulations.

Anyone holding booze She's half German so she drink all night.

She 's one of those high tolerance girls, I can tell.

She's looking after the booze for everyone else.

Alright guys, congratulations and thanks everyone for watching us on the live stream. We will see you in San Francisco, I'm not the one. You won't see me in San Francisco 'cause I'll be giving birth but you will see someone else hosting the live stream for three days.

See you there. See you there.

We'll see you in China.

No, it's San Francisco now.

We'd have held out for China if you'd told us.

Good Luck, everyone.

fuck you. Anyway, anyone who's playing the drinking game also note there we're trying to change the world and we're trying make the world a better place. No, no, Sarah wants to say something. Do you wanna just to me? These people shouldn't hear?

Sarah 's note is that she wants to see more Tony Conrad so the entrepreneurs can just stay off the stage. Maybe the entrepreneurs can stay backstage we can just both stare at Tony for any hour?

No, you're right that's my bad management. I will, I will make sure they.

No, I appreciate it. I'm sorry. Good note Sarah. about pregnancy? The pregnant lady comes up with a note about stage craft. I thought that was your big moment? We have one more start up, I almost said one more act. What I'm hosting now. We have one more start up to come on, I'd just like to remind you guys please face away from Tony Conrad just stay as far away from him as possible.

Don't block any of Sarah's lines of sight.

OK? We good?

Or you might just pitch from there if you want.

All right, our last I've lost a session piece. Give a huge round of applause to Sam Slade [sp?] and Elliot Crew from Get Around. And someone else's name isn't on my list. I'm sorry.

Good afternoon Tech Crunch. My name is Sam Slade [sp?]. I am the CEO of Get Around. With me on stage are my co-founders Jessica Scorpio and Elliot Crow. We are here to share our vision for solving a problem we call "car overpopulation." We have over 250 million cars in America that sit parked 22 hours each day.

Our solution to this problem is Get Around. A new way for people to share cars. Instead of buying a car, you can rent one instantly from someone near by. And as a car owner, you can earn thousands of dollars a year sharing your car. Today, we redefine car ownership with three amazing announcements.

The first, a powerful new iPhone app. Jessica, please take it away.

Thanks Sam. Get Around is a marketplace for peer to peer car sharing. The Airbnb for cars. Owners set pricing and availability. Get Around, provides insurance and takes a forty percent commission. Just a few months ago we launched an exclusive trial in San Fransisco and now its expanded all over the Bay area.

This is why Get Around is so disruptive. The peer to peer model is not limited to dense urban areas like Zipcar. Here in Nob Hill, Sally shares her 2006 VW beattle for $5.60/hr and 33.50 a day. In Soma, Trung shares his 2010 3 series BMW for $15 an hour and $60 a day. Let's check out this BMW. As a renter I can see who owns it, where the car is located when it is available, car features, and beautiful photos uploaded by the owner.

Ratings and reviews help me filter for beautiful cars and great people. If this car looks good, hit request. Select the start time and end time, and confirm the rental. Once the owner confirms the request, you get a key on your iPhone app. With it you can unlock the car and locate the car, all from your iPhone.

The Getaround iPhone, available for free, on the app store today. So we are not done, OK.

There is more.

OK, so how can iPhone app unlocked your car. The answer is our second announcement of the day. A breakthrough device that makes peer to peer car sharing hassle free. Now, this is not your run of the mill fleet management spaghetti, like you're seeing here. This is a beautiful low cost and easy to install device that combines a keyless remote with WiFi and GPS.

We call it the Getaround Carkit. The first ever device designed to share access to your car using only a smart phone. you can even install it yourself. It takes less than 5 minutes. So we are going to be giving away the first five hundred of these for free, so if you would like one, then sign up at Getaround.com.

Our third and final announcement answers the question that everybody asks, how does insurance work? Getaround provides insurance as part of each rental. Today we're excited to announce that we've secured a unique deal with an amazing insurance carrier that would help us expand our coverage across the entire country.

hat carrier is Berkshire Hathaway, one of the most trusted names in insurance.

Let's review. The Getaround iPhone app, the Getaround car kit. Super safe insurance, provided by Berkshire. Three amazing announcements that redefine car ownership. But, can we actually solve car overpopulation? For a moment, imagine one million shared Getaround cars. We'd have taken ten million cars off the road.

C02 emissions would drop. by a whopping 43 billion pounds per year, which is like planting a billion trees. Zip car with 8500 cars is a billion dollar company. We'd be a hundred times bigger. This may sound like a pipe dream but remember, there are over 250 million cars in America. Sharing one million cars means sharing less than half of one percent of all the cars we already own.

If you like what you hear, sign up at Getaround.com. Sign up is free, and there are no membership fees. On behalf of the whole Getaround team myself, Elliot, and Jessica. Where's Jessica? Jessica? Oh Jess, what are you doing over there?


Sam. Hello. I am not sure Elliot tested the iPhone app before pushing it to the app store, so I am going to test it here and now. OK here we go. Lock. Unlock. Looks like you can pay Elliot this week, Sam. The Getaround iPhone app. Download it. We can help you get Getaround. Thank you.

Alright, that was, that was Getaround. I love it when the judges whisper, "Holy shit!" at someone's pitching. I suspect that's a good thing, Chris Zucker?

Yeah, that was a holy shit moment. I think the biggest mistake of my career was passing on Air B;B and be like, who would ever sleep on someone else's couch? And as a VC I'm wrong 80 percent of the time, that's something you need to know .

But, this blew my mind and I think it objection handled all of the things I would have said. Which is, you know, Air B;B still has the key problem and they've solved that in innovative ways but this blows that away. And the insurance thing, I mean it's just the number one objection I think I instinctively get is, how am I going to do this.

I'd love to know a little bit more about reputation management on there, so, who am I, you know, who am I actually renting to? I think Uber is addressing this with drivers and users actually having reputation there.

You said you're a community of trusted drivers so maybe you can respond to that.

Reputation is obviously, and trust, are critical to Getaand so we really just want to make sure, like you said, that trust and reputation are totally respected and protected.

I think we talk about bubbles and not bubbles. This is why we are not in a bubble. This is a very, great job on the presentation, even if the product didn't work, but I think we are in the smile, we want to smile when we see these things, right? That's why we're not in a bubble. This product makes you smile, there's hundreds more like it coming on the iPhone, so good job.

Don't you get a little anxious?

I would not let this guy drive my car. So I don't know, there is a model flaw in there a little bit.

Why don't you just block person by person. Anyone in America apart from Chris Zucker.

I wouldn't want Jason or Have saka driving my car.

No Jason no saka.

I don't smile as much.

I bet they can probably hard encode that in that no one can rent that one.

That would be cool.

That's a feature request.

I get a little anxious I'm not an investor yet.

That's a good sign as well.

I loved everything about it. I hope I get to invest in this company one day.

wow they are lining up.

Yeah chris and bijan aren't good investors.

They aren't or are?

They are not. think as youth would say that's baller, congrats. That's great. Well done.

Does anyone have a bad word to say about this company?

No. I would not have partnered with, I think Warren Buffet cannot be trusted, I would have gone somewhere else.

You know what, I suggest you don't rent your car to him. I would block him as well.

What does he know about the Internets?

Why let him into our world.

He's partnered with a company that you guys wished you invested.

Which one?

This one.

He has no idea. that I'll guarantee.

So but let's clarify on the insurance.

Yes, so if I have my car I put in the system. So let's walk through the flow. I have my car what do I do, I reach out to you guys and you send me that little kit thing?

You sign up the site. You put up a photo and description of your car and all that stuff, so probably similar to put listing on your B;B. We send you two things. So you can either sign up and opt to do a manual key swap or to do the car kit. We'll ship you the car kit and we also send you auto So I can install that automatic key thing myself?

Yes. In many cases you can install it yourself. It is actually just like a keyless remote so imagine you lost all your keyless remotes to your car and you had to register new ones and you had to pair them back you'd follow the same sequence to pair this.

But does that thing just get me in the car and there is a manual key in the car somewhere, or is that thing start my engine?

No, it does not start the engine it just get you in the car.

OK. So it just gets you in the car and the key is somewhere in the car. I have insurance covering my car. I put my car out in the driveway for somebody to come pick up. What happens when? So they come, they unlock it, and then what is the insurance part?

I can speak for that. The insurance is one of the hardest pieces to get around. We structured everything so there's no risk to the owner. So, essentially when you're sharing your car, your insurance is not in play. Our insurance kicks in and if anything were to happen the renter would show our insurance card.

In terms of the rental transaction you would have gotten a request or you could have set your card to auto approve. So the person would just pick it up, unlock it with their iPhone, get in, drive away, bring it back. You'd rate that person so they have the kind of motivation to be a good renter, to keep the car clean and bring it back in good condition.

Speaking of insurance, from the start of the rental to the end, we provide collision, comprehensive and liability coverage.

How good have car owners been about updating that calendar? That seems like a friction point Oh shit, I'm using my car. Is there a way to automate that, by the device or something?

So you don't have to actually update your calendar. What happens is if I want to rent your car and your calender is not up to date, it will send you a ping saying, Sam wants to rent your car and you just hit approve and the rental is done.

If I am out using my car, what do I do? I say no?

You say no.

But does that hurt me on the system later?

No, it doesn't.

But it should though, right?

Actually, we have a patented process where you can actually multicast and hit, as a renter you can request multiple cars. ven if you said no, and someone else said yes, then they would actually win the business.

So Tony any final words, twenty seconds?

Nope.

In that case that's Getaround everyone.

That was pretty amazing.

And they should I was going to say, they should have got points for being exactly on time, but then they did the car thing, so 5 seconds over, but I think they're okay. Alright, that was the first section, so that was the first frame. You probably all know your favorite thing. I think it is some sort of audience voting thing.