What if an Uber ride only cost $5.50? Now it can with Nomad Rides. Daniel Jones and Michael McHugh join us to share about Nomad Rides. A story that ranges from dressing up as cows to attending the startup accelerator Y-Combinator. Daniel and Michael were always freelancing as students at IU and as roommates often found themselves staying up late talking through new business ideas. The first idea that came to fruition was an app for students to connect with freelancers. When it did not take off, they began looking for business ideas that would create more engaged customers. One of which was a milk delivery service named the Milk Mooovers. Another, a commission-free rideshare model that would differentiate them from other rideshare companies. When Nomad Rides (at that time, B-Town Rides) launched, they quickly realized they were successfully meeting a huge need for IU students. Daniel and Michael took Nomad Rides full-time in February of 2019, and after a wildly successful Little 500 weekend, they reached out to contacts for funding that could help in legitimizing the business. A two-sentence email to Y-Combinator Partner Michael Seibel landed them acceptance into the well-known incubator program. Now, they spend time traveling the midwest to launch Nomad Rides in Big 10 college towns. Tune in to learn: what it is like to attend a start-up accelerator in Silicon Valley, how Daniel and Michael plan on making Nomad Rides a top rideshare brand, and how they have created a commission-free rideshare business that is sustainable for its stakeholders. Drink deep of the culture that surrounds you with Daniel Jones and Michael McHugh from Nomad Rides.
Check out our sponsors for this episode:
FullStack PEO - Turnkey HR for Emerging Companies
https://www.linkedin.com/company/27092746/
https://twitter.com/fullstackpeo
https://www.facebook.com/pages/category/Consulting-Agency/FullStack-PEO-1107694849373703/
Drink Culture Newsletter: https://www.drnkcltr.com/newsletter/
Drink Culture Patreon: https://www.patreon.com/drnkcltr
Drink Culture Instagram: https://www.instagram.com/drinkculturepodcast/
Drink Culture Facebook: https://www.facebook.com/drinkculturepodcast
Drink Culture YouTube: https://www.youtube.com/drinkculture