HyreCar (NASDAQ: HYRE) “The Airbnb of car rentals – for Lyft and Uber drivers”

 

 

Joe Furnari, CEO

 

 

 

 

Hyre Car (NASDAQ: HYRE) CEO Interview with Joe Furnari, discussing the company’s car-sharing marketplace for ride-sharing service drivers. HyreCar connects car owners with ride-sharing drivers who need vehicles which qualify for Uber and Lyft, but may be credit-challenged, or need a vehicle short term.

The company is expanding to take qualifying vehicles from car dealers, and other fleets to add to it’s marketplace. Analyst estimates are for revenues are to reach $20 million in 2019, and Joe expects the company to reach break-even in the current quarter, and turn cash-flow positive. Joe discusses long-term growth strategy, including plans for autonomous driving markets.

Investor Presentation

HyreCar-Investor-Presentation-2019

 

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.