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EP #457 - Nikolai Schröder: How to Stand Out in the Car Subscription Market
Manage episode 452195776 series 1259851
Timestamps:
13:40 - The rental car industry
20:16 - Why rent a car?
22:00 - Do people wreck FINN cars?
26:25 - The FINN car insurance
37:42 - Equity vs debt financing
About Nikolai Schröder:
Nikolai Schröder is the co-founder and COO of FINN, a German car subscription startup. He holds a MSc in Industrial Engineering from FAU Erlangen-Nürnberg and previously worked as a consultant at the Boston Consulting Group before starting FINN in 2019.
FINN offers a car subscription which includes everything: the vehicle, insurance and maintenance. With traditional car purchases, you receive the financing (if you require a loan) from one person, insure the car with another person, send it to be repaired by a third person, etc., whereas with FINN you pay the same amount each month and can safely budget for it. FINN is aiming to become profitable by the end of 2024.
The cover portrait was edited by www.smartportrait.io.
Don’t forget to give us a follow on Twitter, Instagram, Facebook and Linkedin, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly giveaways or founders' dinners.
464 Episoden
Manage episode 452195776 series 1259851
Timestamps:
13:40 - The rental car industry
20:16 - Why rent a car?
22:00 - Do people wreck FINN cars?
26:25 - The FINN car insurance
37:42 - Equity vs debt financing
About Nikolai Schröder:
Nikolai Schröder is the co-founder and COO of FINN, a German car subscription startup. He holds a MSc in Industrial Engineering from FAU Erlangen-Nürnberg and previously worked as a consultant at the Boston Consulting Group before starting FINN in 2019.
FINN offers a car subscription which includes everything: the vehicle, insurance and maintenance. With traditional car purchases, you receive the financing (if you require a loan) from one person, insure the car with another person, send it to be repaired by a third person, etc., whereas with FINN you pay the same amount each month and can safely budget for it. FINN is aiming to become profitable by the end of 2024.
The cover portrait was edited by www.smartportrait.io.
Don’t forget to give us a follow on Twitter, Instagram, Facebook and Linkedin, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly giveaways or founders' dinners.
464 Episoden
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