Business Is Boring

In a few years' time, once enough cars are autonomous and car ownership has collapsed and we’re turning roadside car parks into bike lanes and garages into four storey apartments, we will look back and wonder at how much space was left vacant just waiting for these cars that only ever got driven five percent of the time. It’s bananas. Some people didn’t have to wait until the future to see this. They looked at all that time, space and capital sitting inefficiently a bit earlier. The big names you know. Uber and Airbnb are two standard bearers for the sharing economy, taking what’s underused and sharing the usage. And locally, in the car park space, we have a very cool company called parkable. They take your empty car parks and match them with parkers who pay a fee. They market and provide the tech, clip the ticket, and help the world squeeze some more efficiency out of the model. Parkable is run by Brody Nelson on the technical side and Toby Littin on the commercial side. They're here today to chat through th