MEDIUM
BUSINESS OWNERS BASED IN AUSTIN
TEXAS A DOES THAT SOUND
FAMILIAR THE ROUND WAS LED BY
RETURN BACKERS, GRAY CROSSED.
OUR GUYS WHICH YEARS ARE WONDER
MODE BILITY IT IS AN URBAN
TRANSPORTATION PLATFORM.
THEY RE $60 MILLION TO EXPAND
OPERATIONS RIGHT HERE IN THE
UNITED STATES FOR MORE ON THIS
RACE WILL JOINED BY.
>> SAM BAKER WHO IS
THE SCENE. OLD WONDER MOBILITY,
SAM GREAT TO HAVE YOU HERE WITH
US TO THEY WERE GOING NOWHERE
IS THIS FRESH CAPITAL GOING.
>> THANKS FOR HAVING ME
APPRECIATE IT SO IT A SETBACK
FOR US AND WONDER MOBILITY
PROVIDE TECHNOLOGY COMPANIES
AND CITIES AND WATCH THE
MOBILITY SERVICES WHICH IS
CLOSE TO 69 ON THE ROUTE WILL
BE INVESTING OUR ENGINEERING
PAST EXPANDING OUR SALES
MARKETING MISSION.
>> HOW DO CONSUMERS TAKE
ADVANTAGE OF YOUR PRODUCT.
WELL CONSUMERS DON'T DIRECTLY
INTERACT WITH OUR.
OTHERS WHO ARE COMPANIES AND
CITIES THAT WANT TO LAUNCH NEW
SERVICES TO COMPETE IN THIS
EMERGING MOBILITY SERVICE
SECTOR WE'RE PROVIDING THE BACK
AND TECHNOLOGY PLATFORM YOU TO
LAUNCH THE SERVICE OVERNIGHT.
SO IF YOU WANT TO START OUR
AREA RIGHT ON SERVICE WE CAN
PROVIDE FULL STACKED.
>> THAT MIGHT KNOW THE
COMPANIES THAT YOU WORK WITH
WHO ARE YOUR CLIENTS OR IN
DOING THIS.
>> YEAH ABSOLUTELY SO WE WORK
WITH LARGE AUTOMOTIVE FIRMS ALL
THE WAY DOWN TO START UP
COMPANIES A SCOOTER SHARING
COMPANIES OUT OF FLINT MICHIGAN
AND MAJOR GERMAN AUTOMOTIVE
AND HELPING THEM START SERVICES
SO THOSE ARE THE BRANDS THAT
THEIR CUSTOMERS NO WORSE THAN
THE BACK.
WE'RE GOING TO TEST AN
ENGINEERING BUILDING OUT OUR
CORE PRODUCTS AND ALSO IN IN
THE SPENDING US MARKET IN TERMS
OF SALES AND MARKETING.
>> AS INTERESTING WE JUST SAID
MAKE SOME ANNOUNCEMENTS ABOUT
IT YOU KNOW TECHNOLOGY COMING
TO AUSTIN TEXAS WIDE
USE AUSTIN HAS IT COME AS AS A
PLACE WHERE OUR WEB SITE WHERE
YOU MAZE.
AMAZING CALIFORNIA WE'RE
DOING IT EVERY DAY OFTEN TALKED
ABOUT THE DYNAMICS THEY'RE
RIGHT BECAUSE IN A LOT OF THESE
PLACES I WHETHER IT'S ON THE
WEST COAST, EVEN IN PHOENIX OR
IN AUSTIN NOW AS WE'RE
REPORTING RIGHT THERE IS
MORE FOCUS ON MOBILITY AND IT
IS SPECIFICALLY WHEN IT COMES
TO SELF-DRIVING CAPABILITIES
AND SO THROUGHOUT THE COUNTRY
ARE THERE CERTAIN. HE'S I GUESS
OUR YOU'RE SEEING THE HEAVY
DEMAND.
>> I WANT ONE INTERESTING
INSIGHT THAT WE HAVE LEARNED IN
THE US MARKET IS NOT A LOT OF
TALK ABOUT THE RED LIST
HOW IT'S DISRUPTING HOW WE GET
AROUND CITIES AND ALSO MAYBE
SOME CONCERNS ABOUT HOW
SUSTAINABLE IS IN THE LONG
TERM, BUT THE DATA THAT WE LOOK
AT SHOWS THAT 99% OF TRIPS THAT
PEOPLE TAKING AROUND CITIES ARE
ACTUALLY ON MORE TRADITIONAL
FORMS OF TRANSPORTATION WHETHER
I'M DRIVING
MY OWN OUR WEATHER AND TAKING A
BITE WORKER THE SUBWAY SO ARE
REALLY KEY FOCUS ON THAT 99% OF
THE MARKET,
PROVIDING THEM WITH TECHNOLOGY
SOLUTIONS THAT THEY CAN OPERATE
IN A MORE CONVENIENT EFFICIENT
WAY FOR THEIR CUSTOMERS.
>> NEEDS TO GO THROUGH SOME
SIGNIFICANT CHANGES AND MAKE
OVERS TO BE ABLE TO SUPPORT ALL
OF THE DIFFERENT MODES OF
TRANSPORTATION. YOU KNOW IS
THAT CHANGING RAPIDLY ENOUGH TO
SUPPORT THE VISION FOR WUNDER
MOBILITY.
>> IT'S AN EXCELLENT
QUESTION SO THAT WE SEE AS 50%
OF PEOPLE IN CITIES RIGHT NOW
BY 2015 THE OVER 70% OF PEOPLE
LIVING IN CITIES AND SO
THERE'S THIS THIS REALLY A
STRONG FOCUS ON PERSONAL CAR
OWNERSHIP THAT THESE INDIVIDUAL
PEOPLE DRIVING THEMSELVES ALONE
IN THE CAR.
SOMEHOW THAT'S NOT SUSTAINABLE.
WE DON'T HAVE ENOUGH SPACE IN
CITIES AND SO WE SEE IS THAT'S
LEVERAGE. THE ASSETS FOR THE
VEHICLES WE ALREADY HAVE ON THE
STREET KEEP THEM CONNECTED AND
ORGANIZED IN A MORE EFFICIENT
WAY IN THE COUNTRY AND WITH
WITH LOTS OF PEOPLE THE SAME
TIME THAT THE ANGLE THAT ARE
GOING OUT WITH OUR WHEN
MOBILITY PLATFORM AGAIN TODAY.
>> AND THE
AUTOMOBILE SPACE WHETHER IT'S
YOU KNOW THE TECH COMPANIES
AGAIN OR THE VEHICLE MAKERS TO
BASICALLY MOVE INTO THIS THIS
NEWS, 5 G ERA WHERE IT IS
AUTONOMOUS VEHICLE CALLS AND
MORE CONNECTED RIDE SHARING IN
AND THE LIKE I TALK TO US JUST
BROADLY ABOUT WHAT YOU SEE
HAPPENING ON A MACRO LEVEL IN
THIS SPACE AND.
>> YES SO ONE OF OUR CORE
OFFICES AROUND PARTNERSHIPS NOT
A MOTIVE ACTOR IT'S ACTUALLY
SURPRISING TO KNOW THAT IF YOU
HAD A BMW COMING OFF THE
PRODUCTION LINE SOMETHING LIKE
20% OF THAT INTO ACTUALLY
MAKING UP IN THE FACTORY,
80% OF THE VALUE OF THAT
VEHICLE IS ACTUALLY COMING FROM
THEIR SUPPLIERS WHICH ARE
HIGHLY SPECIALIZED THE KEY
COMPONENTS OF
THE CAR. AND SO WE SEE NO
REASON AS TO WHY IN THE FUTURE
OF MOBILITY SERVICE BUYING MORE
A MEANINGFUL WE'RE ALL IN
EVERYDAY PEOPLE'S LIVES THAT
WOULD BE A SIMILAR STRUCTURE.
THE POLICE SERVICE SO WHAT THAT
MEANS IS THAT WONDER WITH THE
FACT THAT WE BECOME A
MAJOR SUPPLIER SOFTWARE IN NEW
BILITY SERVICES.
>> MAJOR FINDS RIGHT NOW
DIMER BMW VOLKSWAGEN TOYOTA, I
MEAN
THESE ARE PRIMARILY HISTORIC
AUTO MANUFACTURING COMPANIES
HAVE THERE BEEN ANY OF THE RIDE
SHARING PLATFORMS, ANY OF THE
NEW MOBILITY COMPANIES THAT
THIS WOULD ALSO APPLY TO OR
IS IT REALLY THE PREEXISTING
PLAYERS THAT ARE REALLY
INVESTING IN A MAJOR CHANGE
OVER RIGHT NOW.
>> YES SO WE WE ALSO WORK
WITH TRANSPORTATION OPERATORS
ARE NEW STARTUPS THAT ARE
VENTURE-BACKED INTO WHAT WE DO
IS WE PROVIDE A SLICE OF THEIR
TECHNOLOGY STACK
AND WHAT THAT MEANS THAT THERE
MIGHT BE A COMPONENT OR
SOMETHING THAT WE ARE
SPECIALIZED AND MAYBE THEY DO
THE MATH. IT JUST DOESN'T MAKE
SENSE FOR US TO BUILD IN-HOUSE
OR GET REALLY GOOD AT IT.
SO WE'LL BE PROVIDING US
SPECIFIC SERVICE IN THE BACK OF
MEETINGS AROUND THE ALLOCATION
OF VEHICLES ON THE STREET, THE
FRONT IS STILL FILLED BY R.
SO WE HAVE A HIGHLY FLEXIBLE
PLATFORM. THE WAY WE APPROACH
THIS AND WE DON'T HAVE IT YOU
GO ABOUT
GETTING TOO PROVIDE YOU A 100%