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BlaBlaCar

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Last Updated: 02 July 2021

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General | Latest Info

BlaBlaCar

TypePrivately held company
Industrytransport
FoundedSeptember 16, 2006 ; 14 years ago ( 2006-09-16 )
FounderFrederic Mazzella Francis Nappez Nicolas Brusson
HeadquartersParis , France
Area servedBelgium, Brazil, Croatia, Czechia, France, Germany, Hungary, India, Italy, Luxembourg, Mexico, Netherlands, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Spain, Turkey, Ukraine, and United Kingdom
ServicesCarpooling
Revenue€ 80,000,000 environ (2015)
Members70 million
Number of employees600
Websitewww .blablacar .com
Twitter@blablacar
FacebookBlaBlaCar

BlaBlaCar, 14-year-old French tech unicorn that has become synonymous with carpooling, has to date raised a staggering €396. 4 million from investors, including Accel and Index Ventures. While things are going well for business, Frederic Mazzella, co-founder of BlaBlaCar, told Growth Quarters journey wasnt always smooth sailing. According to Mazzella, it is important for founders to nurture their offering even as business evolves: Making sure products remain consistent is one of the hardest things. For instance, if you offer a B2B product, it is likely that customers will request specific features to enhance their own offering. This level of customization requires technical teams to implement additional functionality and the danger lies in ending up with a roadmap of product features that become endless and eventually renders your product unusable. The same applies when you grow consumer service like ours. Each country is becoming new client, new customers asking for specific features to adapt to the way things are done in that particular territory, Mazzella say. You struggle to maintain product as standardized as possible.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

History

BlaBlaCar was found in 2006 by Frederic Mazzella, Nicolas Brusson and Francis Nappez. The Concepts for Companys ride-sharing service can be traced back to Mazzellas time as a student at Stanford University. The widely shared story is that in 2003, Mazzella was trying to make his way home for Christmas. He had no car of his own and all trains were fully booked up. He noticed that lots of people were driving home with spare seats in their cars, and it occurred to him that there should be a system through which he could find drivers going in his direction and offer to share petrol costs in exchange for use of empty seat. Mazzella envisioned an online platform that would make long-distance travel affordable, social and efficient, deciding that peer-to-peer marketplace would serve his purpose best. Mazzella created the first version of the website himself, later bringing on board engineer Nappez to help develop the platform and MBA student Brusson to help finance and scale business. In 2008, the founders launched an updated version of the original website, with additional features including iOS and Android apps. By 2010, the company had more than 600 000 members and was attracting more than 10 million page views per month. BlaBlaCar has since expanded significantly, with 25 million users across 22 countries. The company to date has raised more than 336 million from investors including Accel, Insight Venture Partners, Index Ventures and Lead Edge Capital. BlaBlaCar closed its most recent round of funding in 2015, raising €200 million at a valuation of approximately 1. 5 billion. BlaBlaCar has reportedly received more than 50 awards and prizes since its establishment, including a Bronze Edison Award in 2015 in the Motoring Solutions category and the 2014 ECCO Award for Best Member Relations in Europe.


THINK IT

Countless journeys have been made to improve products over the years. To encourage mindset of Think It, Build It, Use It, all employees get their rides reimbursed by the company when they fill in feedback form with ideas for improvements. Almost everyone in the company travels with BlaBlaCar and many employees have reached Ambassador status, which is the highest distinction active members are rewarded with. With continuous feedback and reiteration being key to successfully evolving product, numerous feedback channels are in place to achieve this. The Member Relations Team replies to members ' questions and continuously supports them in their use of service across different languages. Improvement suggestions are subsequently centralized by the Member Voice Team and then conveyed to the appropriate team who implement changes. Words Think It, Build It, Use It are tapped all over the walls of BlaBlaCar for good reason. It fosters innovation and commitment to user-experience. It strengthens motivation and sense of purpose. And It serves as a simple reminder that the only way to truly understand and continuously improve a product or service is to be its most demanding user.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Welcome to BlaBlaCar!

BlaBlaCar is the world's leading long-distance carpooling platform-global, trusted community of 89 million members in 22 countries. BlaBlaCar is creating an entirely new, people-power, travel network that connects people looking to travel long distances with drivers heading the same way, so they can travel together and share cost. With the recent integration of the coach bus network, and commuter service for short-distance carpooling, BlaBlaCar aims to become the go-to marketplace for share mobility. With dedicated Member relations service, state of art web and mobile platform, novel insurance solutions and fast-growing community, BlaBlaCar is making travel social, cost-effective and practical for millions of members. BlaBlaCar is continuously innovating, developing smart-stop and smart-pricing algorithms that dynamically unlock millions of possible local meeting points and, in effect, turn every highway into a major transport line while also allowing for more granular point-to-point service in less accessible areas. By doubling the number of people in cars, BlaBlaCar saves 1. 6 million tonnes of CO2 in 2018. The team is looking for agile software engineers, database reliability engineers, data scientists, mobile engineers, functional analysts, as well as community relations agents, product managers, marketing experts, design lovers and sales / account managers. BlaBlaCar is looking for people who dream, people who deliver, and people who love to learn and grow into their role. We are looking for genuine team players, who are truly committed to changing the future of mobility. Last but not least, BlaBlaCar welcomes talented individuals who share its 6 team principles: be Member. Dream. Decide. Deliver. Share More. Learn More. Fail. Learn. Succeed. Be Lean. Go Far.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

What we offer

On the occasion of BlaBlaCars 10 year anniversary, invaluable insights from BlaBlaCars founders, employees, investors, sharing economy specialists and members of the community gather to take you behind the scenes and shed some light into how BlaBlaCar was Build over the years. In a series of 10 articles, each link to one of BlaBlaCars 10 core values, you will discover a decade full of dreams, hard work, passion and fun. In first story of the series, Think It, Build It, Use It value mirrors ten years of iteration and progress in building BlaBlaCars successful, yet continuously evolving, product.


THINK IT

It was during these few chaotic days when the team realise that there was real potential. Strike prove that service could be a real travel alternative, and that they could potentially have a chunk of market share some day. BlaBlaCar was now on the radar of the media in France and would become a recurring topic every time there was a strike or disruption in the travel sector. The 2010 eruption of the Icelandic volcano paralyzed flights across Europe, and BlaBlaCar become a smart solution for people stranded far from home. It even gives one bride means to get to her wedding in time. With free publicity from strikes and disruptions being like gold dust, team continue spreading message in innovative ways. The key goal was to gain more traction and liquidity and build trust and transaction layer so that it become mainstream alternative for long-distance travel. With little money to spend on marketing, articles were published on the web everywhere possible whilst making backlinks to website. Stickers would be distributed and BlaBlaCar would be talked about at any opportunity. Word of mouth was critical. Over time, people start to realise this new travel alternative exist, and once people experience it, they continue to use it. The market was slowly becoming educated and the community started to grow. It take five years to get first BlaBlaCar million members in France, and thus reach liquidity between supply and demand for trips to spur viral growth. Today, BlaBlaCar has over 35 million members across 22 countries and continues to connect people looking to travel long distances with drivers going the same way.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Impact

Total CO 2 savings: 1. 6 million tonnes of CO 2 saved by carpooling in 2018-equal to CO 2 absorbed per year by the forest size of 730 000 football pitches 3. 9 people per car: average car occupancy rate on BlaBlaCar. With only 1. 6 % more cars on the road, carpooling enables transport of two times the number of passengers in cars, whilst reducing CO 2 emissions by 26 % Changing behaviors: Driving license: 28 % of BlaBlaCar passengers who do yet have a driving license are delaying their driving test thanks to carpooling Road safety: 22 % of BlaBlaCar drivers reduce their speed when carpooling, further increasing CO 2 savings generate by BlaBlaCar What about buses? With a 60 % average occupancy rate, bus emits even less CO 2 per passenger kilometer than carpooling. This mode of transport will make an important contribution to the future of BlaBlaCars carbon-saving network.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Business model of BlaBlaCar

BlaBlaCar is a funky name for a Startup whose name indicates it is a Startup somewhat related to a car. BlaBlaCar, as their logo suggest, is a crazy new age Startup. It was Startup by three gentlemen named Frederic Mazzella, Nicolas Brusson and Francis Nappez. BlaBlaCar is an online marketplace for Carpooling which connects drivers and passengers looking to travel between cities and share costs of travel. BlaBlaCar offers a unique model wherein rider can travel at any point of time by just selecting rider and booking a seat. BlaBlaCar claims to be the most trusted Carpooling service in the world. Carpooling services not only offer riders a cost-effective and better transit solution but also provide drivers with an additional source of income which otherwise would not have been encashed by the driver. Various companies have played around Carpooling service post few dominant taxi operators who provide carpool for cheaper options for users. Carpooling is also effective. In fact, it reduces the number of cars on the road and thereby reduces carbon emissions, which in turn contribute to saving the environment. Now let the US understand how do BlaBlaCar Work. As mentioned earlier, BlaBlaCar is an online marketplace which can be considered as a peer to peer marketplace model wherein on both sides there is person to person interface rather than business to customer or Business to Business. In B2B and B2C, directly company is dealing with end user. In this model, BlaBlaCar do is about individual dealing with individual. Rider has to create a profile on BlaBlaCar app or website. Driver make profile under same website or app and updates the route of his / her travel. In both profiles are of rider or driver, government-issue photo identity card is needed. Once details of driver and rider are fill, accounts are create. Rider has to select travel destination from their location and select the most suitable ride by clicking Driver of their choice out of the list and ratings of Driver and best possible route to their destination. After completion of the ride, rider has to rate the driver. Driver ratings are given depending on their talkativeness during the ride. Rating Bla means least talkative Driver, Rating BlaBla means someone who likes to talk and communicate with riders and Rating BlaBlaBla means someone who cannot shut up anytime and keeps on talking to riders. After creating an account, members create an online identity and gain reputation after sharing experiences of their rides with other members in the community. It is important for members to develop a reputation. Earlier, being part of the community and adding more connections was free, but now the company has introduced charges for the same. Rider post Ride can not only rate the driver but same work reverse as well, wherein driver can give feedback about rider.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

BlaBlaCars growth in numbers

Being humble is important to BlaBlaCars culture. Its important to not get blinded by wrong metrics or aim for Vanity figures and results which simply flatter ego. In fact, reality checks are critical for growth and they are what keeps things moving in the right direction. Thats why one of BlaBlaCars core values is Vanity:. As a data-drive company, Key Performances Indicators are at the forefront of all activities at BlaBlaCar from marketing campaign rollouts to investment rounds. In order to grow, team is encouraged to look at the right metrics, and improve them. To do this, it is important to understand various types of indicators in any activity. Vanity data refers to data which sounds great but is not actually useful in determining performance. To put this into perspective, BlaBlaCar is proud to count over 35 million members in its community, but this number would be meaningless if members were use service frequently. Other indicators are closer measures of efficiency, and are referred to internally as sanity data. Finally, there are some real indicators of performance which BlaBlaCar follows on a daily basis, known as Reality data. In this case, number of rides actually conducted and the number of people effectively travelling with BlaBlaCar are much stronger metrics to follow. Being data-driven helps team to be effective internally, but it also helps when fundraising and talking to investors externally. With investors needing substantial data to make decisions, it encourages team to dive into metrics and build strong case based on thorough understanding of activity.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Hiring with global ambitions

Nicolas Brusson BlaBlaCar One of the most exciting European tech startups is BlaBlaCar, French ride-sharing app that lets people split the cost of fuel on journeys between cities: company recently raised 200 million round of investment that value BlaBlaCar at 1. 6 billion. Yet the company has no presence in the US and no plans to launch there soon, COO Nicolas Brusson told Business Insider at the Web Summit in Dublin today. On its face, this seems weird: America is a massive market that loves ride-sharing apps like Uber; it has terrible train links between its major cities; short flights between nearby cities can be expensive and inconvenient; and Americans think nothing of casually driving 200 miles a day, which is kind of distance that is sweet spot for BlaBlaCar drivers and passengers. BlaBlaCar also replaces hitchhiking by making it safer and easier, in much same way as Airbnb and Uber do in their sectors by reassuring both sides of transaction that other person they're dealing with has been checked out and peer-rat. And, BlaBlaCar has the kind of global ambitions that Uber does So why don't Americans want to get between cities cheaply by sharing a ride on BlaBlaCar, when they're seemingly so willing to do the same for short trip inside the city on Uber? It turns out that the US's lack of public transport infrastructure in most cities hobbles BlaBlaCar from developing there while giving an artificial boost to Uber, Brusson say. On a typical BlaBlaCar trip, driver might say, I am leaving from this location in London and will drop people off at Picadilly Station in Manchester. Show up at this place in London if you want to share a ride and cost. Start and end locations do matter because both London and Manchester have great bus, train and underground links, so it is easy for someone without a car to get to driver, and to get to their final destination after they've been dropped off. Public transport means that drivers do have to ferry passengers around traffic-choke City, dropping each one off, like taxi. So you need good public transport within cities to take care of the first part and last part of the journey, Brusson say. But in the US, if I tell you I'll drop you off in Sunnyvale and you actually live in Palo Alto, what are you going to do? Good luck, Brusson say. So that's issue we have in the US, fabric of the city, fabric of the network is not ideal. It's also why Uber is so popular, because Uber is replacing the lack of public transport in the US, he say. This is fascinating because it shows how government public spending and infrastructure decisions can either encourage new businesses or prevent them. BlaBlaCar is huge in Germany because it's easy to get around without a car in most German cities.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Re-investing in the business

Too many entrepreneurs think that raising money is a distraction and something they can outsource. Quite opposite. Over the course of BlaBlaCars history, founders have never used banks or financial advisors to help raise funds. Instead, Nicolas has invested a lot of time in finding the right investors. It is one of the very few things a founding team should stay very close to alongside its values, strategy and people. Choosing an investor can be like choosing a life-long partner. In sharing the same ambition and values, theres more chance for a solid, long-term relationship. Deploying a robust business model, one which actually allows revenues to cover costs, become next goal in 2010. The subsequent round of financing began and the feedback received was much more positive than the last round. Investors could see that BlaBlaCar had achieved their initial objective and were starting to build trust in their execution capability. ISAI, French fund bringing together internet entrepreneurs, moved in with an attractive proposition. Their mission was to invest in companies which show strong signs of growth and were efficient without being too capital intensive. BlaBlaCar encompasses all three. Round was close between ISAI and Cabiedes Partners for €1. 25 million in June 2010 and brought Jean-David Chamboredon, Pierre Kosciusko-Morizet and Didier Kuhn on board. Although BlaBlaCar was still a free classify site and only operating in France at time, founders and ISAI both had a shared vision of it becoming a transactional site with an ambition to expand internationally. Today BlaBlaCar continues to work with investors with whom they have best fit and with those who bring the highest added value. Over the years, a handful of investors have become invaluable mentors to founders and have coached them throughout years on management, recruitment and growth.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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