Excuse me, may I rent your car? - Robin Chase
[Music]
[Music]
12<00:00:17.800> years<00:00:18.000> ago<00:00:18.880> I<00:00:19.039> founded<00:00:19.520> zip<00:00:19.920> car<00:00:20.920> zip<00:00:21.279> car
12 years ago I founded zip car zip car
12 years ago I founded zip car zip car
buys<00:00:21.920> cars<00:00:22.800> and<00:00:23.039> Parks<00:00:23.359> them<00:00:23.560> throughout
buys cars and Parks them throughout
buys cars and Parks them throughout
dense<00:00:24.599> metropolitan<00:00:25.359> areas<00:00:26.160> for<00:00:26.439> people<00:00:26.679> to
dense metropolitan areas for people to
dense metropolitan areas for people to
use<00:00:27.400> by<00:00:27.560> the<00:00:27.720> hour<00:00:28.160> and<00:00:28.359> by<00:00:28.519> the<00:00:28.720> day<00:00:29.160> instead
use by the hour and by the day instead
use by the hour and by the day instead
of<00:00:29.560> owning<00:00:29.800> the<00:00:30.000> your<00:00:30.080> own<00:00:30.679> cars<00:00:31.679> each<00:00:31.920> zip<00:00:32.239> car
of owning the your own cars each zip car
of owning the your own cars each zip car
replaces<00:00:33.079> 15<00:00:33.760> personal<00:00:34.559> cars<00:00:35.559> and<00:00:35.760> each
replaces 15 personal cars and each
replaces 15 personal cars and each
driver<00:00:36.559> drives<00:00:36.920> about<00:00:37.120> 80%<00:00:38.079> less<00:00:38.879> because
driver drives about 80% less because
driver drives about 80% less because
they're<00:00:39.320> now<00:00:39.480> paying<00:00:39.760> the<00:00:39.879> full<00:00:40.239> costs<00:00:40.760> all<00:00:40.960> at
they're now paying the full costs all at
they're now paying the full costs all at
once<00:00:41.360> in<00:00:41.520> real
once in real
once in real
time<00:00:43.480> but<00:00:43.680> what<00:00:43.879> zip<00:00:44.239> car<00:00:44.440> really<00:00:44.719> did<00:00:45.280> was
time but what zip car really did was
time but what zip car really did was
make<00:00:45.640> sharing<00:00:46.039> the
make sharing the
make sharing the
norm<00:00:47.920> now<00:00:48.199> a<00:00:48.360> decade<00:00:48.760> later<00:00:49.320> it's<00:00:49.520> really<00:00:49.800> time
norm now a decade later it's really time
norm now a decade later it's really time
to<00:00:50.199> push<00:00:50.480> the<00:00:50.600> envelope<00:00:51.000> a<00:00:51.120> little<00:00:51.320> bit<00:00:51.920> and<00:00:52.039> so
to push the envelope a little bit and so
to push the envelope a little bit and so
a<00:00:52.320> couple<00:00:52.600> years<00:00:52.800> ago<00:00:53.039> I<00:00:53.160> moved<00:00:53.440> to<00:00:53.640> Paris<00:00:54.039> with
a couple years ago I moved to Paris with
a couple years ago I moved to Paris with
my<00:00:54.480> husband<00:00:54.840> and<00:00:55.399> youngest<00:00:56.000> child<00:00:57.000> and<00:00:57.239> uh<00:00:57.359> we
my husband and youngest child and uh we
my husband and youngest child and uh we
launched<00:00:57.960> buzzar<00:00:58.680> a<00:00:58.800> year<00:00:59.000> ago<00:01:00.079> Buzz<00:01:00.480> car<00:01:00.840> lets
launched buzzar a year ago Buzz car lets
launched buzzar a year ago Buzz car lets
people<00:01:01.359> rent<00:01:01.600> out<00:01:01.840> their<00:01:02.000> own<00:01:02.280> cars<00:01:02.879> to<00:01:03.039> their
people rent out their own cars to their
people rent out their own cars to their
friends<00:01:03.480> and
friends and
friends and
neighbors<00:01:05.239> instead<00:01:05.519> of<00:01:05.720> investing<00:01:06.320> in<00:01:06.479> a<00:01:06.720> car
neighbors instead of investing in a car
neighbors instead of investing in a car
we<00:01:08.000> invest<00:01:08.320> in<00:01:08.439> a<00:01:09.119> community<00:01:10.119> we<00:01:10.280> bring<00:01:10.560> the
we invest in a community we bring the
we invest in a community we bring the
power<00:01:11.000> of<00:01:11.119> a<00:01:11.479> corporation<00:01:12.479> to<00:01:12.840> individuals
power of a corporation to individuals
power of a corporation to individuals
who<00:01:13.520> add<00:01:13.680> their<00:01:13.799> cars<00:01:14.080> to<00:01:14.200> the<00:01:14.600> network<00:01:15.600> some
who add their cars to the network some
who add their cars to the network some
people<00:01:16.799> call<00:01:17.159> this<00:01:17.640> peer-to-peer<00:01:18.280> this<00:01:19.280> does
people call this peer-to-peer this does
people call this peer-to-peer this does
Express<00:01:20.000> the<00:01:20.200> humanity<00:01:20.880> of<00:01:21.000> what's<00:01:21.240> going<00:01:21.479> on
Express the humanity of what's going on
Express the humanity of what's going on
and<00:01:22.479> the<00:01:22.680> personal
and the personal
and the personal
relationships<00:01:24.880> but<00:01:25.079> that<00:01:25.200> is<00:01:25.479> also<00:01:26.000> like
relationships but that is also like
relationships but that is also like
saying<00:01:26.720> that<00:01:26.920> it's<00:01:27.119> the<00:01:27.240> same<00:01:27.479> thing<00:01:27.640> as<00:01:27.759> a
saying that it's the same thing as a
saying that it's the same thing as a
yard<00:01:28.200> sale<00:01:28.720> or<00:01:28.840> a<00:01:29.000> bake<00:01:29.280> sale<00:01:29.600> or<00:01:29.920> babysitting
yard sale or a bake sale or babysitting
yard sale or a bake sale or babysitting
that's<00:01:30.799> peer-to-peer<00:01:31.520> it's<00:01:32.520> like<00:01:32.720> saying
that's peer-to-peer it's like saying
that's peer-to-peer it's like saying
yard<00:01:33.759> sales<00:01:34.200> are<00:01:34.439> the<00:01:34.600> same<00:01:34.920> thing<00:01:35.280> as<00:01:35.880> eBay<00:01:36.799> or
yard sales are the same thing as eBay or
yard sales are the same thing as eBay or
fair<00:01:38.079> fair<00:01:38.560> craft<00:01:38.840> fairs<00:01:39.240> are<00:01:39.479> the<00:01:39.640> same<00:01:39.960> thing
fair fair craft fairs are the same thing
fair fair craft fairs are the same thing
as
Etsy<00:01:44.320> but<00:01:44.520> what's<00:01:44.759> really<00:01:45.040> happening<00:01:45.479> is<00:01:45.560> that
Etsy but what's really happening is that
Etsy but what's really happening is that
we've<00:01:45.880> got<00:01:46.040> the<00:01:46.280> power<00:01:46.600> of<00:01:46.719> a<00:01:46.840> free<00:01:47.079> and<00:01:47.240> open
we've got the power of a free and open
we've got the power of a free and open
internet<00:01:48.640> and<00:01:48.759> on<00:01:49.000> top<00:01:49.159> of<00:01:49.280> that<00:01:49.439> we're
internet and on top of that we're
internet and on top of that we're
putting<00:01:49.799> a<00:01:50.000> platform<00:01:50.439> for<00:01:51.200> participation<00:01:52.200> and
putting a platform for participation and
putting a platform for participation and
the<00:01:52.520> peers<00:01:52.960> are<00:01:53.159> now<00:01:53.320> in<00:01:53.520> partnership<00:01:54.159> with
the peers are now in partnership with
the peers are now in partnership with
the<00:01:54.799> company<00:01:55.799> creating<00:01:56.479> shared<00:01:57.000> value<00:01:57.479> on
the company creating shared value on
the company creating shared value on
shared<00:01:58.240> values
shared values
shared values
and<00:02:00.159> each<00:02:00.399> strengthening<00:02:00.960> the<00:02:01.079> other<00:02:01.360> and
and each strengthening the other and
and each strengthening the other and
doing<00:02:01.840> what<00:02:02.000> the<00:02:02.119> other<00:02:02.399> can't<00:02:02.799> do<00:02:03.799> I<00:02:03.960> call
doing what the other can't do I call
doing what the other can't do I call
this<00:02:04.479> peers
this peers
this peers
Incorporated<00:02:06.960> the<00:02:07.479> corporated<00:02:08.280> side<00:02:08.679> the
Incorporated the corporated side the
Incorporated the corporated side the
company<00:02:09.599> is<00:02:09.759> doing<00:02:10.080> things<00:02:10.319> that<00:02:10.440> it<00:02:10.560> does
company is doing things that it does
company is doing things that it does
really<00:02:11.319> well<00:02:12.319> what<00:02:12.440> does<00:02:12.599> it<00:02:12.720> do<00:02:12.959> really<00:02:13.160> well
really well what does it do really well
really well what does it do really well
it<00:02:13.640> creates<00:02:14.120> economies<00:02:14.599> of
it creates economies of
it creates economies of
scale<00:02:16.560> significant<00:02:17.160> and<00:02:17.400> long-term<00:02:18.040> resource
scale significant and long-term resource
scale significant and long-term resource
investment<00:02:19.959> the<00:02:20.239> expertise<00:02:20.959> of<00:02:21.160> many
investment the expertise of many
investment the expertise of many
different<00:02:21.760> kinds<00:02:22.000> of<00:02:22.200> people<00:02:22.480> and<00:02:22.680> different
different kinds of people and different
different kinds of people and different
kinds<00:02:23.200> of<00:02:23.400> minds<00:02:24.400> and<00:02:24.519> for<00:02:24.800> individuals
kinds of minds and for individuals
kinds of minds and for individuals
consumers<00:02:26.440> is<00:02:26.599> bringing<00:02:27.040> the<00:02:27.280> standards
consumers is bringing the standards
consumers is bringing the standards
rules<00:02:28.280> and<00:02:28.440> recourse<00:02:29.080> that<00:02:29.200> we<00:02:29.360> really<00:02:29.560> want
rules and recourse that we really want
rules and recourse that we really want
as<00:02:30.160> consumers<00:02:31.000> and<00:02:31.120> this<00:02:31.239> is<00:02:31.440> kind<00:02:31.560> of<00:02:31.720> bound
as consumers and this is kind of bound
as consumers and this is kind of bound
up<00:02:32.280> in<00:02:32.400> a<00:02:32.599> brand<00:02:33.239> promise<00:02:34.239> and<00:02:34.400> the<00:02:34.519> companies
up in a brand promise and the companies
up in a brand promise and the companies
are<00:02:35.120> providing<00:02:35.560> this<00:02:35.760> on<00:02:35.920> a<00:02:36.160> platform<00:02:36.640> for
are providing this on a platform for
are providing this on a platform for
participation<00:02:39.159> peers<00:02:39.959> are<00:02:40.200> giving<00:02:40.680> and<00:02:40.840> doing
participation peers are giving and doing
participation peers are giving and doing
things<00:02:41.360> that<00:02:41.440> are<00:02:41.680> incredibly<00:02:42.400> expensive<00:02:42.840> for
things that are incredibly expensive for
things that are incredibly expensive for
companies<00:02:43.400> to<00:02:43.640> do<00:02:44.640> what<00:02:44.760> do<00:02:44.959> they<00:02:45.080> bring<00:02:45.360> they
companies to do what do they bring they
companies to do what do they bring they
Bing<00:02:45.760> this<00:02:46.239> fabulous<00:02:47.200> diversity<00:02:48.200> expensive
Bing this fabulous diversity expensive
Bing this fabulous diversity expensive
for<00:02:48.959> companies<00:02:49.840> and<00:02:50.000> what<00:02:50.120> does<00:02:50.319> that<00:02:50.480> deliver
for companies and what does that deliver
for companies and what does that deliver
it<00:02:51.000> delivers<00:02:51.440> localization<00:02:52.400> and
it delivers localization and
it delivers localization and
customization<00:02:54.120> specialization<00:02:55.120> and<00:02:55.280> all<00:02:55.440> of
customization specialization and all of
customization specialization and all of
this<00:02:55.879> aspect<00:02:56.200> about<00:02:56.440> social<00:02:56.760> networks<00:02:57.120> and
this aspect about social networks and
this aspect about social networks and
how<00:02:57.440> companies<00:02:57.720> are<00:02:57.840> yearning<00:02:58.239> and<00:02:58.400> eager<00:02:58.640> to
how companies are yearning and eager to
how companies are yearning and eager to
get<00:02:58.959> inside<00:02:59.400> there
get inside there
get inside there
it's<00:03:00.680> natural<00:03:01.000> for<00:03:01.200> me<00:03:01.440> me<00:03:01.599> and<00:03:01.760> my<00:03:01.959> friends<00:03:02.360> I
it's natural for me me and my friends I
it's natural for me me and my friends I
can<00:03:02.640> connect<00:03:02.920> with<00:03:03.040> them<00:03:03.280> easily<00:03:04.280> and<00:03:04.360> it<00:03:04.560> also
can connect with them easily and it also
can connect with them easily and it also
delivers<00:03:05.560> really<00:03:06.040> fabulous<00:03:06.519> Innovation<00:03:07.519> and
delivers really fabulous Innovation and
delivers really fabulous Innovation and
I'll<00:03:07.879> talk<00:03:08.080> about<00:03:08.280> that<00:03:08.440> later<00:03:09.040> so<00:03:09.239> we<00:03:09.400> have
I'll talk about that later so we have
I'll talk about that later so we have
the<00:03:09.720> peers<00:03:10.080> that<00:03:10.200> are<00:03:10.400> providing<00:03:10.760> the
the peers that are providing the
the peers that are providing the
services<00:03:11.319> and<00:03:11.480> the<00:03:11.680> product<00:03:12.440> and<00:03:12.560> the<00:03:12.760> company
services and the product and the company
services and the product and the company
that's<00:03:13.319> doing<00:03:13.560> the<00:03:13.720> stuff<00:03:14.120> that<00:03:14.400> companies
that's doing the stuff that companies
that's doing the stuff that companies
do<00:03:16.920> the<00:03:17.080> two<00:03:17.239> of<00:03:17.400> these<00:03:17.599> are<00:03:17.760> delivering<00:03:18.239> The
do the two of these are delivering The
do the two of these are delivering The
Best<00:03:18.720> of<00:03:18.920> Both
Best of Both
Best of Both
Worlds<00:03:21.200> some<00:03:21.360> of<00:03:21.519> my<00:03:21.680> favorite<00:03:22.200> examples<00:03:23.200> in
Worlds some of my favorite examples in
Worlds some of my favorite examples in
transportation<00:03:25.080> carpooling<00:03:25.720> decom<00:03:26.319> 10<00:03:26.599> years
transportation carpooling decom 10 years
transportation carpooling decom 10 years
old<00:03:27.239> 3<00:03:27.400> and<00:03:27.519> a<00:03:27.640> half<00:03:27.799> million<00:03:28.120> people<00:03:28.319> have
old 3 and a half million people have
old 3 and a half million people have
joined<00:03:28.760> up<00:03:29.080> and<00:03:29.200> a<00:03:29.360> million<00:03:29.959> rides<00:03:30.239> are<00:03:30.400> shared
joined up and a million rides are shared
joined up and a million rides are shared
every<00:03:31.159> day<00:03:31.439> it's<00:03:31.680> a<00:03:31.959> phenomenal<00:03:32.840> thing<00:03:33.640> it's
every day it's a phenomenal thing it's
every day it's a phenomenal thing it's
this<00:03:34.159> equivalent<00:03:34.560> of<00:03:35.040> 2,500<00:03:36.040> TV<00:03:36.959> trains<00:03:37.959> and
this equivalent of 2,500 TV trains and
this equivalent of 2,500 TV trains and
just<00:03:38.599> think<00:03:38.840> they<00:03:38.959> didn't<00:03:39.200> have<00:03:39.319> to<00:03:39.599> lay<00:03:39.879> a
just think they didn't have to lay a
just think they didn't have to lay a
track<00:03:40.560> or<00:03:40.760> buy<00:03:40.959> a<00:03:41.120> car<00:03:41.560> this<00:03:41.680> is<00:03:41.840> all<00:03:42.120> happening
track or buy a car this is all happening
track or buy a car this is all happening
with<00:03:42.640> excess<00:03:43.319> capacity<00:03:44.319> and<00:03:44.480> it's<00:03:44.720> not<00:03:45.040> just
with excess capacity and it's not just
with excess capacity and it's not just
with<00:03:45.879> Transportation<00:03:46.840> my<00:03:47.040> love<00:03:47.920> but<00:03:48.120> of
with Transportation my love but of
with Transportation my love but of
course<00:03:48.680> um<00:03:48.799> in<00:03:48.959> other<00:03:49.200> Realms<00:03:49.640> here's
course um in other Realms here's
course um in other Realms here's
fiverr.com<00:03:50.640> I<00:03:51.319> met<00:03:51.560> these<00:03:51.760> Founders<00:03:52.319> just
fiverr.com I met these Founders just
fiverr.com I met these Founders just
weeks<00:03:52.920> after<00:03:53.120> they<00:03:53.239> had<00:03:53.400> launched<00:03:53.840> and<00:03:54.000> now<00:03:54.200> in
weeks after they had launched and now in
weeks after they had launched and now in
two<00:03:54.640> years<00:03:55.319> what<00:03:55.439> would<00:03:55.640> you<00:03:55.799> do<00:03:56.000> for
two years what would you do for
two years what would you do for
$5<00:03:58.159> 750,000
$5 750,000
$5 750,000
gigs<00:04:00.360> are<00:04:00.560> now<00:04:00.799> posted<00:04:01.239> after<00:04:01.480> two<00:04:01.760> years<00:04:02.360> what
gigs are now posted after two years what
gigs are now posted after two years what
people<00:04:02.799> would<00:04:02.959> do<00:04:03.159> for
people would do for
people would do for
$5<00:04:05.360> and<00:04:05.599> not<00:04:05.959> just<00:04:06.720> easy<00:04:07.120> things<00:04:07.439> that<00:04:07.640> anyone
$5 and not just easy things that anyone
$5 and not just easy things that anyone
can<00:04:08.319> do<00:04:09.319> this<00:04:09.519> peers<00:04:09.920> Incorporated<00:04:10.560> concept
can do this peers Incorporated concept
can do this peers Incorporated concept
is<00:04:11.239> in<00:04:11.560> very<00:04:12.079> difficult<00:04:12.239> and<00:04:12.480> complex<00:04:12.959> realm
is in very difficult and complex realm
is in very difficult and complex realm
top<00:04:14.319> coder<00:04:14.760> has<00:04:15.280> 4,000<00:04:16.280> Engineers<00:04:17.280> who<00:04:17.440> are
top coder has 4,000 Engineers who are
top coder has 4,000 Engineers who are
delivering<00:04:18.639> complex<00:04:19.199> design<00:04:19.519> and
delivering complex design and
delivering complex design and
Engineering
Engineering
Engineering
Services<00:04:21.919> when<00:04:22.040> I<00:04:22.160> talked<00:04:22.400> to<00:04:22.520> their<00:04:22.720> CEO<00:04:23.160> he
Services when I talked to their CEO he
Services when I talked to their CEO he
had<00:04:23.520> this<00:04:23.759> great<00:04:24.080> line<00:04:24.440> he<00:04:24.600> said<00:04:25.199> we<00:04:25.360> have<00:04:25.479> a
had this great line he said we have a
had this great line he said we have a
community<00:04:26.199> that<00:04:26.320> owns<00:04:26.600> its<00:04:26.720> own
community that owns its own
community that owns its own
company<00:04:29.240> and<00:04:29.400> then<00:04:29.560> my<00:04:29.759> my<00:04:29.880> all-time<00:04:30.320> favorite
company and then my my all-time favorite
company and then my my all-time favorite
Etsy<00:04:31.600> Etsy<00:04:32.080> is<00:04:32.280> providing<00:04:32.800> Goods<00:04:33.080> that<00:04:33.280> people
Etsy Etsy is providing Goods that people
Etsy Etsy is providing Goods that people
make<00:04:34.240> themselves<00:04:34.639> and<00:04:34.759> they're<00:04:34.880> selling<00:04:35.199> it
make themselves and they're selling it
make themselves and they're selling it
in<00:04:35.440> a<00:04:35.639> Marketplace<00:04:36.639> it<00:04:36.800> just<00:04:37.000> celebrated<00:04:37.600> its
in a Marketplace it just celebrated its
in a Marketplace it just celebrated its
7th
7th
7th
anniversary<00:04:40.039> and<00:04:40.320> after<00:04:40.639> seven<00:04:41.000> years<00:04:41.440> last
anniversary and after seven years last
anniversary and after seven years last
year<00:04:41.759> it<00:04:41.880> delivered<00:04:42.479> $530<00:04:43.479> Million<00:04:44.440> worth<00:04:45.000> of
year it delivered $530 Million worth of
year it delivered $530 Million worth of
sales<00:04:46.240> to<00:04:46.600> all<00:04:46.840> those<00:04:47.160> individuals<00:04:47.720> who<00:04:47.840> have
sales to all those individuals who have
sales to all those individuals who have
been<00:04:48.080> making<00:04:48.400> those
been making those
been making those
objects<00:04:51.000> I<00:04:51.120> know<00:04:51.600> you<00:04:51.840> guys<00:04:52.280> are<00:04:52.479> out<00:04:52.639> there
objects I know you guys are out there
objects I know you guys are out there
who<00:04:52.919> are<00:04:53.080> business<00:04:53.360> people<00:04:53.680> are<00:04:53.840> thinking<00:04:54.360> oh
who are business people are thinking oh
who are business people are thinking oh
my<00:04:54.720> God<00:04:55.039> I<00:04:55.120> want<00:04:55.240> to<00:04:55.400> build<00:04:55.600> one<00:04:55.720> of<00:04:55.880> those<00:04:56.160> I
my God I want to build one of those I
my God I want to build one of those I
see<00:04:56.520> this<00:04:56.680> incredible<00:04:57.120> speed<00:04:57.400> and<00:04:57.520> scale<00:04:57.840> you
see this incredible speed and scale you
see this incredible speed and scale you
mean<00:04:58.160> all<00:04:58.280> I<00:04:58.400> have<00:04:58.520> to<00:04:58.639> do<00:04:58.759> is<00:04:58.919> build<00:04:59.080> a
mean all I have to do is build a
mean all I have to do is build a
platform<00:04:59.759> and<00:04:59.880> all<00:05:00.000> these<00:05:00.160> people<00:05:00.320> are<00:05:00.440> going
platform and all these people are going
platform and all these people are going
to<00:05:00.639> put<00:05:00.759> their<00:05:00.919> stuff<00:05:01.120> on<00:05:01.280> top<00:05:01.440> and<00:05:01.560> I<00:05:01.680> sit<00:05:01.919> back
to put their stuff on top and I sit back
to put their stuff on top and I sit back
and<00:05:02.160> roll<00:05:02.400> it<00:05:02.520> in<00:05:03.440> uh<00:05:03.759> building<00:05:04.120> these
and roll it in uh building these
and roll it in uh building these
platforms<00:05:04.759> for<00:05:04.960> participation<00:05:05.680> are<00:05:05.960> so
platforms for participation are so
platforms for participation are so
non-trivial<00:05:07.520> to<00:05:07.759> do<00:05:08.520> I<00:05:08.639> think<00:05:08.800> of<00:05:08.960> the
non-trivial to do I think of the
non-trivial to do I think of the
difference<00:05:09.520> of<00:05:10.240> Google<00:05:10.600> video<00:05:11.240> versus
difference of Google video versus
difference of Google video versus
YouTube<00:05:12.479> who<00:05:12.639> would<00:05:12.800> have<00:05:13.000> thought<00:05:13.479> that<00:05:13.759> two
YouTube who would have thought that two
YouTube who would have thought that two
young<00:05:14.320> guys<00:05:14.600> and<00:05:14.759> a<00:05:14.919> startup<00:05:15.400> would<00:05:15.680> beat<00:05:15.880> out
young guys and a startup would beat out
young guys and a startup would beat out
Google<00:05:16.440> video<00:05:17.240> why<00:05:17.720> I<00:05:17.840> actually<00:05:18.080> have<00:05:18.199> no<00:05:18.360> idea
Google video why I actually have no idea
Google video why I actually have no idea
why<00:05:18.840> I<00:05:18.960> didn't<00:05:19.160> talk<00:05:19.319> to<00:05:19.520> them<00:05:19.960> but<00:05:20.120> I'm
why I didn't talk to them but I'm
why I didn't talk to them but I'm
thinking<00:05:20.880> you<00:05:21.039> know<00:05:21.600> they<00:05:21.800> probably<00:05:22.080> had<00:05:22.199> the
thinking you know they probably had the
thinking you know they probably had the
share<00:05:22.639> button<00:05:22.960> a<00:05:23.039> little<00:05:23.199> bit<00:05:23.360> brighter<00:05:23.720> and
share button a little bit brighter and
share button a little bit brighter and
to<00:05:23.960> the<00:05:24.120> right<00:05:24.360> and<00:05:24.479> so<00:05:24.639> it<00:05:24.720> was<00:05:24.880> easier<00:05:25.199> and
to the right and so it was easier and
to the right and so it was easier and
more<00:05:25.560> convenient<00:05:26.080> for<00:05:26.440> the<00:05:26.600> two<00:05:26.919> sides<00:05:27.280> that
more convenient for the two sides that
more convenient for the two sides that
are<00:05:28.000> always<00:05:28.360> participating<00:05:28.880> on<00:05:29.039> these
are always participating on these
are always participating on these
Networks
Networks
Networks
so<00:05:31.000> I<00:05:31.199> actually<00:05:31.479> know<00:05:31.800> a<00:05:31.919> lot<00:05:32.160> about<00:05:32.479> building
so I actually know a lot about building
so I actually know a lot about building
a<00:05:33.080> pier<00:05:33.600> platform<00:05:34.120> now<00:05:34.479> and<00:05:34.600> a<00:05:34.720> peers
a pier platform now and a peers
a pier platform now and a peers
Incorporated<00:05:35.520> company<00:05:35.919> because<00:05:36.120> I've<00:05:36.280> spent
Incorporated company because I've spent
Incorporated company because I've spent
the<00:05:36.800> last<00:05:37.000> two<00:05:37.199> years<00:05:37.440> doing<00:05:37.880> that<00:05:38.080> in
the last two years doing that in
the last two years doing that in
Paris<00:05:39.919> so<00:05:40.160> let<00:05:40.280> me<00:05:41.000> take<00:05:41.199> you<00:05:41.560> back<00:05:41.840> how<00:05:42.039> it's
Paris so let me take you back how it's
Paris so let me take you back how it's
so<00:05:42.520> incredibly<00:05:43.039> different<00:05:43.319> building<00:05:43.680> Buzz
so incredibly different building Buzz
so incredibly different building Buzz
car<00:05:44.360> than<00:05:44.479> it<00:05:44.600> was<00:05:44.800> building<00:05:45.120> zip<00:05:45.479> car<00:05:46.039> because
car than it was building zip car because
car than it was building zip car because
now<00:05:46.759> every<00:05:46.960> single<00:05:47.280> thing<00:05:47.440> we<00:05:47.560> do<00:05:47.919> has<00:05:48.120> these
now every single thing we do has these
now every single thing we do has these
two<00:05:48.759> different<00:05:49.240> bodies<00:05:49.600> that<00:05:49.720> I<00:05:49.840> have<00:05:49.960> to<00:05:50.080> be
two different bodies that I have to be
two different bodies that I have to be
thinking<00:05:50.479> about<00:05:51.000> the<00:05:51.160> owners<00:05:51.759> who<00:05:51.880> are<00:05:52.000> going
thinking about the owners who are going
thinking about the owners who are going
to<00:05:52.360> provide<00:05:52.720> the<00:05:52.880> cars<00:05:53.800> and<00:05:54.039> the<00:05:54.240> drivers<00:05:54.680> who
to provide the cars and the drivers who
to provide the cars and the drivers who
are<00:05:54.919> going<00:05:55.080> to<00:05:55.240> rent<00:05:55.479> them<00:05:55.919> every<00:05:56.199> single
are going to rent them every single
are going to rent them every single
decision<00:05:56.960> I<00:05:57.080> have<00:05:57.199> to<00:05:57.360> think<00:05:57.600> about<00:05:58.000> what<00:05:58.120> is
decision I have to think about what is
decision I have to think about what is
right<00:05:58.520> for<00:05:58.720> both<00:05:59.000> sides<00:05:59.680> there<00:05:59.800> are<00:06:00.120> many<00:06:00.440> many
right for both sides there are many many
right for both sides there are many many
examples<00:06:01.319> and<00:06:01.440> I'll<00:06:01.600> give<00:06:01.720> you<00:06:01.840> one<00:06:02.039> that<00:06:02.160> is
examples and I'll give you one that is
examples and I'll give you one that is
not<00:06:02.759> my<00:06:03.000> favorite<00:06:03.400> example<00:06:04.319> Insurance<00:06:05.319> it
not my favorite example Insurance it
not my favorite example Insurance it
took<00:06:05.600> me<00:06:05.759> a<00:06:05.919> year<00:06:06.080> and<00:06:06.199> a<00:06:06.360> half<00:06:06.599> to<00:06:06.759> get<00:06:06.960> the
took me a year and a half to get the
took me a year and a half to get the
insurance<00:06:07.759> just
insurance just
insurance just
right<00:06:09.800> hours<00:06:10.240> and<00:06:10.520> hours<00:06:10.840> of<00:06:11.000> sitting<00:06:11.400> with
right hours and hours of sitting with
right hours and hours of sitting with
insurers<00:06:12.199> and<00:06:12.360> many<00:06:12.599> companies<00:06:13.280> and<00:06:13.599> their
insurers and many companies and their
insurers and many companies and their
thoughts<00:06:14.240> about<00:06:14.560> risk<00:06:15.160> and<00:06:15.400> how<00:06:15.639> this<00:06:15.720> is
thoughts about risk and how this is
thoughts about risk and how this is
totally<00:06:16.160> Innovative<00:06:16.560> they<00:06:16.759> never<00:06:16.960> thought<00:06:17.120> of
totally Innovative they never thought of
totally Innovative they never thought of
it<00:06:17.919> before<00:06:18.919> way<00:06:19.160> too<00:06:19.400> much<00:06:19.560> money<00:06:20.039> I<00:06:20.160> just
it before way too much money I just
it before way too much money I just
can't<00:06:20.599> even<00:06:20.800> go<00:06:21.000> there<00:06:21.199> with<00:06:21.360> lawyers<00:06:22.080> trying
can't even go there with lawyers trying
can't even go there with lawyers trying
to<00:06:22.400> figure<00:06:22.639> out<00:06:22.759> how<00:06:22.919> this<00:06:23.000> is<00:06:23.160> different
to figure out how this is different
to figure out how this is different
who's<00:06:23.919> responsible<00:06:24.360> to<00:06:24.520> whom<00:06:24.759> and<00:06:24.880> the<00:06:25.039> result
who's responsible to whom and the result
who's responsible to whom and the result
was<00:06:26.160> that<00:06:26.280> we<00:06:26.400> were<00:06:26.560> able<00:06:26.800> to<00:06:27.000> provide<00:06:27.599> owners
was that we were able to provide owners
was that we were able to provide owners
protection<00:06:29.599> from<00:06:29.800> for<00:06:29.960> their<00:06:30.120> own<00:06:30.479> driving
protection from for their own driving
protection from for their own driving
records<00:06:31.199> and<00:06:31.360> their<00:06:31.479> own<00:06:31.759> history<00:06:32.280> the<00:06:32.479> cars
records and their own history the cars
records and their own history the cars
are<00:06:33.000> completely<00:06:33.400> insured<00:06:33.720> during<00:06:33.919> the<00:06:34.039> rental
are completely insured during the rental
are completely insured during the rental
and<00:06:34.759> it<00:06:34.919> gives<00:06:35.319> owner<00:06:35.720> drivers<00:06:36.199> what<00:06:36.360> they
and it gives owner drivers what they
and it gives owner drivers what they
need<00:06:37.000> and<00:06:37.160> what<00:06:37.280> do<00:06:37.440> they<00:06:37.639> need<00:06:37.840> they<00:06:37.960> need<00:06:38.120> a
need and what do they need they need a
need and what do they need they need a
low<00:06:38.919> low<00:06:39.400> uh<00:06:39.759> deductible<00:06:40.720> and<00:06:40.919> 24-hour
low low uh deductible and 24-hour
low low uh deductible and 24-hour
roadside<00:06:42.039> assistance<00:06:42.840> so<00:06:43.039> this<00:06:43.160> was<00:06:43.280> a<00:06:43.520> this
roadside assistance so this was a this
roadside assistance so this was a this
was<00:06:43.720> a<00:06:43.880> trick<00:06:44.120> to<00:06:44.280> get<00:06:44.440> these<00:06:44.599> two<00:06:44.960> sides<00:06:45.960> so
was a trick to get these two sides so
was a trick to get these two sides so
now<00:06:46.479> I<00:06:46.560> want<00:06:46.680> to<00:06:46.919> take<00:06:47.120> you<00:06:47.840> to<00:06:48.240> the<00:06:48.960> moment<00:06:49.680> of
now I want to take you to the moment of
now I want to take you to the moment of
when<00:06:50.800> you're<00:06:50.960> doing<00:06:51.160> an<00:06:51.360> ENT<00:06:51.599> when<00:06:51.680> you're<00:06:51.800> an
when you're doing an ENT when you're an
when you're doing an ENT when you're an
entrepreneur<00:06:52.599> and<00:06:52.720> when<00:06:52.800> you've<00:06:53.000> started<00:06:53.280> in
entrepreneur and when you've started in
entrepreneur and when you've started in
any<00:06:53.599> company<00:06:53.960> there's<00:06:54.240> the<00:06:54.759> here's<00:06:55.000> all<00:06:55.120> the
any company there's the here's all the
any company there's the here's all the
stuff<00:06:55.479> we<00:06:55.599> do<00:06:55.840> beforehand<00:06:56.720> and<00:06:57.360> then<00:06:57.520> the
stuff we do beforehand and then the
stuff we do beforehand and then the
service<00:06:58.080> launches<00:06:59.080> what<00:06:59.240> happen
service launches what happen
service launches what happen
so<00:07:00.800> this<00:07:01.319> uh<00:07:01.680> all<00:07:01.879> those<00:07:02.120> months<00:07:02.360> of<00:07:02.520> work<00:07:02.960> they
so this uh all those months of work they
so this uh all those months of work they
come<00:07:03.319> into<00:07:03.639> play<00:07:04.639> last<00:07:04.960> June<00:07:05.199> 1<00:07:06.039> we<00:07:06.199> launched
come into play last June 1 we launched
come into play last June 1 we launched
it's<00:07:07.160> an<00:07:07.360> exciting<00:07:08.000> moment<00:07:09.000> and<00:07:09.199> all<00:07:09.400> the
it's an exciting moment and all the
it's an exciting moment and all the
owners<00:07:09.840> are<00:07:10.000> adding<00:07:10.360> their<00:07:10.560> cars<00:07:10.960> it's<00:07:11.160> really
owners are adding their cars it's really
owners are adding their cars it's really
exciting<00:07:12.240> all<00:07:12.400> the<00:07:12.520> drivers<00:07:12.919> are<00:07:13.080> becoming
exciting all the drivers are becoming
exciting all the drivers are becoming
members<00:07:14.000> it's<00:07:14.240> excellent<00:07:14.960> the<00:07:15.120> reservations
members it's excellent the reservations
members it's excellent the reservations
start<00:07:16.080> coming<00:07:16.360> in<00:07:16.960> and
start coming in and
start coming in and
here<00:07:19.039> owners<00:07:19.599> who<00:07:19.759> were<00:07:19.919> getting<00:07:20.319> text
here owners who were getting text
here owners who were getting text
messages<00:07:21.520> and<00:07:21.759> emails<00:07:22.199> that<00:07:22.360> said<00:07:22.720> Hey<00:07:23.280> Joe
messages and emails that said Hey Joe
messages and emails that said Hey Joe
wants<00:07:23.840> to<00:07:23.960> rent<00:07:24.160> your<00:07:24.319> car<00:07:24.520> for<00:07:24.720> the<00:07:24.840> weekend
wants to rent your car for the weekend
wants to rent your car for the weekend
you<00:07:25.560> can<00:07:25.720> earn<00:07:26.000> €60<00:07:27.000> isn't<00:07:27.280> that<00:07:27.479> great<00:07:27.800> yes<00:07:27.919> or
you can earn €60 isn't that great yes or
you can earn €60 isn't that great yes or
no<00:07:29.560> no<00:07:29.800> reply<00:07:30.720> like<00:07:31.000> a<00:07:31.280> huge<00:07:31.680> proportion<00:07:32.080> of
no no reply like a huge proportion of
no no reply like a huge proportion of
them<00:07:33.000> couldn't<00:07:33.479> be<00:07:33.680> bothered<00:07:34.199> after<00:07:34.440> they<00:07:34.560> had
them couldn't be bothered after they had
them couldn't be bothered after they had
just<00:07:34.879> started<00:07:35.360> that<00:07:35.520> they<00:07:35.680> just<00:07:35.800> signed<00:07:36.080> up<00:07:36.280> to
just started that they just signed up to
just started that they just signed up to
reply<00:07:37.639> so<00:07:38.000> I<00:07:38.120> thought<00:07:38.639> duh<00:07:39.160> Robin<00:07:39.840> this<00:07:39.960> is<00:07:40.120> the
reply so I thought duh Robin this is the
reply so I thought duh Robin this is the
difference<00:07:40.720> between<00:07:41.440> industrial<00:07:42.039> production
difference between industrial production
difference between industrial production
and<00:07:42.720> peer<00:07:43.039> production<00:07:43.840> industrial
and peer production industrial
and peer production industrial
production<00:07:45.280> the<00:07:45.520> whole<00:07:45.800> point<00:07:46.039> of<00:07:46.199> industrial
production the whole point of industrial
production the whole point of industrial
production<00:07:47.080> is<00:07:47.199> to<00:07:47.479> provide<00:07:47.759> a<00:07:48.080> standardized
production is to provide a standardized
production is to provide a standardized
exact<00:07:49.360> service<00:07:49.759> model<00:07:50.479> that<00:07:50.599> is<00:07:50.840> consistent
exact service model that is consistent
exact service model that is consistent
every<00:07:51.879> single<00:07:52.319> time<00:07:52.840> and<00:07:52.960> I'm<00:07:53.159> really
every single time and I'm really
every single time and I'm really
thankful<00:07:54.400> that<00:07:54.599> my<00:07:54.800> smartphone<00:07:55.440> is<00:07:55.599> made
thankful that my smartphone is made
thankful that my smartphone is made
using<00:07:56.159> industrial<00:07:56.680> production<00:07:57.360> and<00:07:57.520> Zipcar
using industrial production and Zipcar
using industrial production and Zipcar
provides<00:07:58.319> a<00:07:58.560> very<00:07:58.800> nice<00:07:59.039> consistent<00:07:59.680> service
provides a very nice consistent service
provides a very nice consistent service
that<00:08:00.319> works<00:08:00.720> fabulously<00:08:01.720> but<00:08:01.840> what<00:08:01.960> does<00:08:02.159> peer
that works fabulously but what does peer
that works fabulously but what does peer
production<00:08:02.840> do<00:08:03.440> peer<00:08:03.879> production<00:08:04.879> is<00:08:05.120> this
production do peer production is this
production do peer production is this
completely<00:08:06.240> different<00:08:06.560> way<00:08:06.720> of<00:08:06.879> doing<00:08:07.199> things
completely different way of doing things
completely different way of doing things
and<00:08:07.919> you<00:08:08.120> have<00:08:08.319> an<00:08:08.800> a<00:08:08.960> big<00:08:09.319> quality<00:08:10.199> range<00:08:11.199> and
and you have an a big quality range and
and you have an a big quality range and
so<00:08:11.720> eBay<00:08:12.479> cleverly<00:08:13.000> the<00:08:13.159> first<00:08:13.639> peer
so eBay cleverly the first peer
so eBay cleverly the first peer
production<00:08:14.680> peer<00:08:15.000> Incorporated<00:08:15.639> company<00:08:16.000> I'd
production peer Incorporated company I'd
production peer Incorporated company I'd
say<00:08:17.280> they<00:08:17.440> figured<00:08:17.759> out<00:08:18.039> early<00:08:18.360> on<00:08:19.000> we<00:08:19.120> need<00:08:19.319> to
say they figured out early on we need to
say they figured out early on we need to
have<00:08:20.120> ratings<00:08:21.000> and<00:08:21.280> commentaries<00:08:22.159> and<00:08:22.360> all
have ratings and commentaries and all
have ratings and commentaries and all
that<00:08:22.720> yucky<00:08:23.199> side<00:08:23.520> stuff<00:08:24.440> we<00:08:24.560> can<00:08:24.759> flag<00:08:25.199> that
that yucky side stuff we can flag that
that yucky side stuff we can flag that
and<00:08:25.520> we<00:08:25.599> can<00:08:25.759> put<00:08:25.879> it<00:08:26.000> to<00:08:26.120> the<00:08:26.319> side<00:08:26.759> and<00:08:27.199> people
and we can put it to the side and people
and we can put it to the side and people
who<00:08:27.520> are<00:08:27.680> buyers<00:08:28.000> and<00:08:28.199> consumers<00:08:28.960> don't<00:08:29.199> have
who are buyers and consumers don't have
who are buyers and consumers don't have
to<00:08:29.680> deal<00:08:29.879> with
to deal with
to deal with
it<00:08:32.240> so<00:08:32.599> going<00:08:33.080> back<00:08:34.080> this<00:08:34.320> is<00:08:34.479> my<00:08:34.800> look<00:08:35.120> of
it so going back this is my look of
it so going back this is my look of
excitement<00:08:36.000> and<00:08:36.200> joy<00:08:37.000> because<00:08:37.320> all<00:08:37.560> the<00:08:37.680> stuff
excitement and joy because all the stuff
excitement and joy because all the stuff
that<00:08:38.000> i'<00:08:38.159> also<00:08:38.440> been<00:08:38.599> hoping<00:08:38.880> for<00:08:39.360> actually
that i' also been hoping for actually
that i' also been hoping for actually
really<00:08:39.959> did<00:08:40.240> happen<00:08:40.839> and<00:08:41.000> what's<00:08:41.279> that<00:08:41.560> that
really did happen and what's that that
really did happen and what's that that
is<00:08:41.800> the<00:08:42.039> diversity<00:08:42.640> of<00:08:42.800> what's<00:08:43.039> going<00:08:43.240> on<00:08:44.120> you
is the diversity of what's going on you
is the diversity of what's going on you
have<00:08:44.600> these<00:08:44.880> different<00:08:45.480> fabulous<00:08:45.920> owners<00:08:46.720> and
have these different fabulous owners and
have these different fabulous owners and
they're<00:08:47.200> different<00:08:47.959> cars<00:08:48.959> different<00:08:49.680> prices
they're different cars different prices
they're different cars different prices
different
different
different
locations<00:08:52.760> they<00:08:52.880> are
locations they are
locations they are
um<00:08:54.880> they<00:08:55.200> they<00:08:55.320> dress<00:08:55.680> differently<00:08:56.200> and<00:08:56.320> they
um they they dress differently and they
um they they dress differently and they
look<00:08:56.760> different<00:08:57.760> and<00:08:58.640> really<00:08:59.279> I<00:08:59.440> I<00:08:59.560> love<00:08:59.760> these
look different and really I I love these
look different and really I I love these
photos<00:09:00.240> every<00:09:00.440> time<00:09:00.600> I<00:09:00.720> look<00:09:00.839> at<00:09:01.200> them<00:09:02.240> uh<00:09:03.240> cool
photos every time I look at them uh cool
photos every time I look at them uh cool
guys<00:09:04.839> excited<00:09:05.760> guys<00:09:06.760> uh<00:09:07.040> and<00:09:07.200> here<00:09:07.440> is<00:09:07.560> Selma
guys excited guys uh and here is Selma
guys excited guys uh and here is Selma
who<00:09:08.200> I<00:09:08.399> love<00:09:08.680> this<00:09:09.160> driver<00:09:10.160> and<00:09:10.959> after<00:09:11.200> a<00:09:11.399> year
who I love this driver and after a year
who I love this driver and after a year
we<00:09:12.120> have<00:09:12.920> a<00:09:13.079> thousand<00:09:13.560> cars<00:09:13.959> that<00:09:14.040> are<00:09:14.240> parked
we have a thousand cars that are parked
we have a thousand cars that are parked
across<00:09:15.160> France<00:09:16.160> and<00:09:16.360> 6,000<00:09:17.000> people<00:09:17.279> who<00:09:17.440> are
across France and 6,000 people who are
across France and 6,000 people who are
members<00:09:18.040> and<00:09:18.200> eager<00:09:18.480> to<00:09:18.600> drive<00:09:18.920> them<00:09:19.640> this
members and eager to drive them this
members and eager to drive them this
would<00:09:20.120> not<00:09:20.399> be<00:09:20.760> possible<00:09:21.320> to<00:09:21.640> do<00:09:21.880> that<00:09:22.120> in<00:09:22.240> an
would not be possible to do that in an
would not be possible to do that in an
economic<00:09:22.959> fashion<00:09:23.720> for<00:09:24.079> a<00:09:24.240> traditional
economic fashion for a traditional
economic fashion for a traditional
company<00:09:26.440> back<00:09:26.600> to<00:09:26.880> this<00:09:27.320> spectrum<00:09:28.320> so<00:09:28.560> what's
company back to this spectrum so what's
company back to this spectrum so what's
happening<00:09:29.640> is<00:09:29.839> we<00:09:30.040> had<00:09:30.240> the<00:09:30.360> yuck<00:09:30.800> side<00:09:31.040> but<00:09:31.160> we
happening is we had the yuck side but we
happening is we had the yuck side but we
actually<00:09:31.560> had<00:09:31.760> this<00:09:31.880> real<00:09:32.160> wow<00:09:32.640> side<00:09:33.240> and<00:09:33.360> I
actually had this real wow side and I
actually had this real wow side and I
can<00:09:33.560> tell<00:09:33.720> you<00:09:33.880> two<00:09:34.079> great<00:09:34.320> stories<00:09:35.240> um<00:09:35.839> a
can tell you two great stories um a
can tell you two great stories um a
driver<00:09:36.360> was<00:09:36.560> telling<00:09:36.839> me<00:09:37.200> that<00:09:37.959> they<00:09:38.079> went<00:09:38.279> to
driver was telling me that they went to
driver was telling me that they went to
rent<00:09:38.640> a<00:09:38.760> car<00:09:39.040> that<00:09:39.160> to<00:09:39.320> go<00:09:39.560> off<00:09:39.720> the<00:09:39.839> coast<00:09:40.040> of
rent a car that to go off the coast of
rent a car that to go off the coast of
France<00:09:40.720> and<00:09:40.880> the<00:09:41.000> owner<00:09:41.480> gave<00:09:41.640> it<00:09:41.760> to<00:09:41.959> them<00:09:42.480> and
France and the owner gave it to them and
France and the owner gave it to them and
said<00:09:42.880> you<00:09:43.000> know<00:09:43.120> what<00:09:43.279> here's<00:09:43.480> where<00:09:43.680> the
said you know what here's where the
said you know what here's where the
cliffs<00:09:44.120> are<00:09:44.399> and<00:09:44.600> here's<00:09:44.839> all<00:09:45.000> the<00:09:45.120> beaches
cliffs are and here's all the beaches
cliffs are and here's all the beaches
and<00:09:45.920> this<00:09:46.040> is<00:09:46.200> my<00:09:46.399> best<00:09:46.640> beach<00:09:47.040> and<00:09:47.240> this<00:09:47.320> is
and this is my best beach and this is
and this is my best beach and this is
where<00:09:47.640> the<00:09:47.880> best<00:09:48.120> fish<00:09:48.399> restaurant<00:09:49.120> is<00:09:50.120> and
where the best fish restaurant is and
where the best fish restaurant is and
the<00:09:50.399> peers<00:09:50.920> also<00:09:51.680> become<00:09:52.480> uh<00:09:52.839> peers<00:09:53.120> and
the peers also become uh peers and
the peers also become uh peers and
owners<00:09:53.800> create<00:09:54.079> relationships<00:09:54.839> and<00:09:54.920> so<00:09:55.120> on
owners create relationships and so on
owners create relationships and so on
the<00:09:55.440> last<00:09:55.720> minute<00:09:56.519> people<00:09:56.920> can<00:09:57.200> and<00:09:57.440> Driver
the last minute people can and Driver
the last minute people can and Driver
can<00:09:57.880> say<00:09:58.120> hey<00:09:58.240> you<00:09:58.360> know<00:09:58.480> what<00:09:58.600> I<00:09:58.680> really<00:09:58.839> need
can say hey you know what I really need
can say hey you know what I really need
the<00:09:59.120> car<00:09:59.760> is<00:09:59.880> it<00:10:00.040> available<00:10:00.399> on<00:10:00.519> their
the car is it available on their
the car is it available on their
personal<00:10:01.040> say<00:10:01.680> sure<00:10:02.000> my<00:10:02.160> wife's<00:10:02.360> at<00:10:02.480> home<00:10:02.600> to
personal say sure my wife's at home to
personal say sure my wife's at home to
go<00:10:02.839> pick<00:10:03.000> up<00:10:03.079> the<00:10:03.200> keys<00:10:03.760> go<00:10:03.920> do<00:10:04.079> it<00:10:04.480> so<00:10:04.640> you<00:10:04.720> can
go pick up the keys go do it so you can
go pick up the keys go do it so you can
have<00:10:05.160> these<00:10:05.399> really<00:10:05.640> nice<00:10:05.920> things<00:10:06.160> that<00:10:06.440> can't
have these really nice things that can't
have these really nice things that can't
happen<00:10:08.079> and<00:10:08.360> it's<00:10:08.560> a<00:10:08.760> kind<00:10:08.920> of<00:10:09.399> wow<00:10:09.959> and<00:10:10.079> I<00:10:10.200> want
happen and it's a kind of wow and I want
happen and it's a kind of wow and I want
to<00:10:10.440> say<00:10:10.959> wow<00:10:11.640> type<00:10:11.800> of<00:10:11.959> thing<00:10:12.120> that's
to say wow type of thing that's
to say wow type of thing that's
happening<00:10:12.680> here<00:10:13.240> because<00:10:13.640> individuals<00:10:14.519> if
happening here because individuals if
happening here because individuals if
you're<00:10:14.800> a<00:10:14.959> company<00:10:15.839> what<00:10:16.000> happens<00:10:16.279> is<00:10:16.440> you
you're a company what happens is you
you're a company what happens is you
might<00:10:16.839> have<00:10:17.200> 10<00:10:17.519> people<00:10:17.760> who<00:10:17.839> are<00:10:17.920> in<00:10:18.000> charge
might have 10 people who are in charge
might have 10 people who are in charge
of<00:10:18.279> innovation<00:10:18.720> or<00:10:19.040> 100<00:10:19.360> people<00:10:19.560> who<00:10:19.640> are<00:10:19.760> in
of innovation or 100 people who are in
of innovation or 100 people who are in
charge<00:10:20.040> of<00:10:20.240> innovation<00:10:21.240> what<00:10:21.440> happens<00:10:21.760> in
charge of innovation what happens in
charge of innovation what happens in
pure<00:10:22.480> Inc<00:10:22.880> companies<00:10:23.680> is<00:10:23.839> that<00:10:24.000> you<00:10:24.200> have<00:10:24.720> tens
pure Inc companies is that you have tens
pure Inc companies is that you have tens
and<00:10:25.480> hundreds<00:10:25.839> and<00:10:26.040> thousands<00:10:26.519> and<00:10:26.720> even
and hundreds and thousands and even
and hundreds and thousands and even
millions<00:10:27.399> of<00:10:27.560> people<00:10:27.839> who<00:10:27.959> are<00:10:28.079> creating
millions of people who are creating
millions of people who are creating
experiments<00:10:29.560> on<00:10:29.800> this<00:10:30.000> model<00:10:30.440> and<00:10:30.519> so<00:10:30.800> out<00:10:30.959> of
experiments on this model and so out of
experiments on this model and so out of
all<00:10:31.480> that<00:10:31.760> influence<00:10:32.279> and<00:10:32.480> that<00:10:32.720> effort<00:10:33.399> you
all that influence and that effort you
all that influence and that effort you
are<00:10:33.720> having<00:10:34.040> this<00:10:34.720> exceptional<00:10:35.399> amount<00:10:35.760> of<00:10:36.680> of
are having this exceptional amount of of
are having this exceptional amount of of
innovation<00:10:37.680> that<00:10:37.800> is<00:10:37.959> coming
innovation that is coming
innovation that is coming
out<00:10:40.320> so<00:10:40.600> one<00:10:40.720> of<00:10:40.880> the<00:10:41.000> reasons<00:10:41.560> we<00:10:41.720> come<00:10:42.000> back
out so one of the reasons we come back
out so one of the reasons we come back
to<00:10:42.440> why<00:10:42.600> did<00:10:42.800> I<00:10:43.279> call<00:10:43.480> it<00:10:43.680> buzzar<00:10:44.360> I<00:10:44.440> wanted<00:10:44.720> to
to why did I call it buzzar I wanted to
to why did I call it buzzar I wanted to
remind<00:10:45.600> all<00:10:45.760> of<00:10:45.920> us<00:10:46.399> about<00:10:46.639> the<00:10:46.880> power<00:10:47.200> of<00:10:47.320> the
remind all of us about the power of the
remind all of us about the power of the
hive<00:10:49.120> and<00:10:49.360> it's<00:10:49.839> incredible<00:10:50.680> facility<00:10:51.079> to
hive and it's incredible facility to
hive and it's incredible facility to
create<00:10:51.519> this<00:10:51.800> platform<00:10:52.279> that<00:10:52.480> individuals
create this platform that individuals
create this platform that individuals
want<00:10:53.120> to<00:10:53.639> want<00:10:53.760> to<00:10:54.000> participate<00:10:54.519> and<00:10:54.720> innovate
want to want to participate and innovate
want to want to participate and innovate
on<00:10:56.160> and<00:10:56.279> for<00:10:56.480> me<00:10:56.880> when<00:10:57.040> I<00:10:57.200> think<00:10:57.440> about<00:10:58.440> our
on and for me when I think about our
on and for me when I think about our
future<00:10:59.480> and<00:10:59.680> that<00:10:59.839> all<00:10:59.920> of<00:11:00.079> those<00:11:00.440> problems
future and that all of those problems
future and that all of those problems
that<00:11:00.959> seem<00:11:01.639> incredibly<00:11:02.320> large<00:11:03.160> the<00:11:03.320> scale<00:11:03.639> is
that seem incredibly large the scale is
that seem incredibly large the scale is
impossible<00:11:04.399> the<00:11:04.519> urgency<00:11:05.040> is<00:11:05.279> there<00:11:05.920> Pierce
impossible the urgency is there Pierce
impossible the urgency is there Pierce
Inc<00:11:06.760> provides<00:11:07.360> the<00:11:07.600> speed<00:11:08.040> and<00:11:08.240> scale<00:11:09.000> and<00:11:09.120> The
Inc provides the speed and scale and The
Inc provides the speed and scale and The
Innovation<00:11:09.720> and<00:11:09.839> the<00:11:10.000> creativity<00:11:10.880> that<00:11:11.000> is
Innovation and the creativity that is
Innovation and the creativity that is
going<00:11:11.279> to<00:11:11.480> answer<00:11:11.839> these
going to answer these
going to answer these
problems<00:11:13.720> all<00:11:13.920> we<00:11:14.079> have<00:11:14.240> to<00:11:14.399> do<00:11:14.720> is<00:11:14.920> create<00:11:15.480> a
problems all we have to do is create a
problems all we have to do is create a
fabulous<00:11:16.240> platform<00:11:16.600> for<00:11:16.839> participation
fabulous platform for participation
fabulous platform for participation
non-trivial<00:11:18.920> so<00:11:19.200> I<00:11:19.360> continue<00:11:19.760> to<00:11:20.000> think<00:11:20.839> that
non-trivial so I continue to think that
non-trivial so I continue to think that
transportation<00:11:22.279> is<00:11:22.440> the<00:11:22.600> center<00:11:22.920> of<00:11:23.079> the<00:11:23.360> hard
transportation is the center of the hard
transportation is the center of the hard
Universe<00:11:24.680> all<00:11:24.880> the<00:11:25.040> problems<00:11:25.360> come<00:11:25.519> back<00:11:25.639> to
Universe all the problems come back to
Universe all the problems come back to
transportation<00:11:26.399> for<00:11:26.600> me<00:11:27.440> but<00:11:27.800> there<00:11:27.959> are<00:11:28.279> all
transportation for me but there are all
transportation for me but there are all
these<00:11:28.800> other<00:11:29.360> areas<00:11:29.720> that<00:11:29.839> are<00:11:30.079> these
these other areas that are these
these other areas that are these
profound<00:11:31.040> big
profound big
profound big
problems<00:11:33.000> that<00:11:33.160> I<00:11:33.279> know<00:11:33.440> that<00:11:33.560> we<00:11:33.680> can<00:11:33.839> work<00:11:34.000> on
problems that I know that we can work on
problems that I know that we can work on
and<00:11:34.399> people<00:11:34.639> are<00:11:34.800> working<00:11:35.160> on<00:11:35.360> them<00:11:35.519> in<00:11:35.680> many
and people are working on them in many
and people are working on them in many
different<00:11:36.320> sectors<00:11:37.120> but<00:11:37.279> there's<00:11:37.560> this
different sectors but there's this
different sectors but there's this
really<00:11:38.360> fabulous<00:11:39.040> group<00:11:39.240> of<00:11:39.399> things<00:11:39.680> with<00:11:39.839> the
really fabulous group of things with the
really fabulous group of things with the
power<00:11:40.560> of<00:11:40.800> this<00:11:41.000> peers<00:11:41.360> Incorporated
power of this peers Incorporated
power of this peers Incorporated
model<00:11:44.240> so<00:11:44.680> over<00:11:45.079> the<00:11:45.360> last<00:11:45.760> decade<00:11:46.680> we've<00:11:46.880> been
model so over the last decade we've been
model so over the last decade we've been
reving
reving
reving
in<00:11:50.360> in<00:11:50.560> the<00:11:50.760> power<00:11:51.040> of<00:11:51.160> the<00:11:51.320> internet<00:11:51.720> and<00:11:51.880> how
in in the power of the internet and how
in in the power of the internet and how
it's<00:11:52.240> empowered<00:11:53.160> individuals<00:11:54.160> and<00:11:54.279> for<00:11:54.519> me
it's empowered individuals and for me
it's empowered individuals and for me
what<00:11:55.440> peers<00:11:55.800> Incorporated<00:11:56.560> does<00:11:57.120> is<00:11:57.240> it<00:11:57.440> takes
what peers Incorporated does is it takes
what peers Incorporated does is it takes
it<00:11:57.800> up<00:11:57.959> a<00:11:58.120> notch<00:11:59.000> we<00:11:59.240> we're<00:11:59.360> now<00:11:59.480> bringing<00:11:59.839> the
it up a notch we we're now bringing the
it up a notch we we're now bringing the
power<00:12:00.560> of<00:12:01.160> the<00:12:01.440> company<00:12:02.079> and<00:12:02.279> the
power of the company and the
power of the company and the
corporation<00:12:03.959> and<00:12:04.480> supercharging
corporation and supercharging
corporation and supercharging
individuals<00:12:06.639> so<00:12:06.839> for<00:12:07.000> me<00:12:07.440> it's<00:12:07.880> a
individuals so for me it's a
individuals so for me it's a
collaboration<00:12:10.440> together<00:12:11.440> we<00:12:11.680> can
[Music]
Robin Chase, Zipcar, TED, TED-Ed, TEDEducation, TED, Ed, Buzzcar, car-sharing
