Strategic Sharing: Zipcar Leads $13.7M Investment In Campus Car-Sharing Startup Wheelz
February 22, 2012 – 8:25 am | No Comment

Well, you have to hand it to the strategy team over at Zipcar . Arguably the largest on-demand car-sharing network, Zipcar went public last year and not long after saw its market cap cross $1 billion . It’s since fallen back, and with collaborative consumption and the market for car-sharing heating up, the big players have to make moves. Zipcar has since forged a partnership with Ford, making it the largest provider of cars for Zipcar’s University program , and, in December, the company took a controlling stake in Spain’s largest car-sharing network, Avancar . Today finds Zipcar making another strategic move to get its mitts in fellow car-sharing companies, again with a focus on universities, whose students are among the most eager adopters of car-sharing models. What do I mean? The company today announced that it is a lead investor in the $13.7 million series A financing of Wheelz , a junior, university-focused version of itself. The Detroit-based Fontinalis…

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Google dials down early termination fee for the Nexus One

Submitted by admin on February 8, 2010 – 6:43 pmNo Comment

69440d8709ure 61.png Google dials down early termination fee for the Nexus One

No one likes early termination fees, but for one reason or another they can sometimes become a necessary evil. When Google introduced a new channel for buying the Nexus One, I was excited at the thought of grabbing a phone without being hassled by a retail sales rep. The only downside was that if I bought it at the subsidized price and wanted to cancel within 120 days, Google would charge a $350 device recovery fee… on top of the carrier’s cancelation fees! Luckily, Google has decided to drop that price down to $150. Not bad, but it’s still not appealing when added to T-Mobile’s $200 early termination fee. Owning a Nexus One could get expensive if you decide to cancel your contract! At the very least, if you cancel and it’s all said and done, you’ll end up paying exactly what you would have if you purchased the device unlocked and contract free. [via Nexus One Terms of Sale ]

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