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Cars and the FutureA little over a year ago I explained in Cars and the Future that there were three changes happening in the personal transportation industry simultaneously:Drivetrains were changing from the internal combustion engine to electricCar operation was moving from human-based to computer-based (i.e. self-driving cars)Ownership was shift... See more

For example, GoTo Group, parent company of the ride-sharing service Gojek, now powers more than 2 percent of Indonesia’s over $1 trillion GDP, creating millions of jobs and bringing nearly 2 billion annual transactions into the taxable formal economy. This gives Gojek a massive base of public support. Second, these companies won’t remain companies ... See more

We are excited about the next generation of these companies, which we are calling “Internet franchises.” These platforms use software and other tech to scale the franchise model, giving operators the ability to run a business built on the product(s) and infrastructure of a parent company without the physical real estate and capital required for tra... See more