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
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.
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