Monday, August 18, 2014

Start-up Takes Advantage of Absurdly Free Parking in SF, Again!

"Where else would you find free real estate in a dense, expensive city?"
image found here.
Not since the gold rush era have we seen wealth created virtually overnight, and from exploring the untapped resources of California.  Now we're seeing venture capitalists looking for the next gold mine, whether it's renting out your house, driving people around in your private car, or the quasi-selling of free public parking spaces.  A start-up cutely named "Monkey Parking" tried, and failed at capitalizing on cheap parking space in San Francisco. And while selling information about people leaving parking spots doesn't fly with SF officials, that's not stopping another start-up from mining some gold from those sweet, sweet free parking spots around the city.
You'll be creating dynamic synergies in the comfort of a creepy van in no time!
image found here 
Jeff Fender, co-founder of "Wheeled Business Gold" wants to start cashing in on the cheapest resource in San Francisco.  He explains, "We realized that cars in the city aren't utilized around 97% of the time and pay virtually nothing to be there.  So why not start putting these spaces to use?"  Jeff and his team have equipped cars with wifi, LCD's, smartphone chargers, coffee machines and a honey bucket.  They'll only charge the customers three dollars an hour for the service.  "Parking your car in San Francisco is free, and at most is $200 annually for a parking permit in the city.  We can conceivably make $43,800 a year just from bad parking policy."

Cashing in from a abundant free and natural resource - it's exactly what "Wheeled Business Gold" is all about.
image found here
Jeff said right now they're not so much worried about the city attorney as they are about the threat of parklets, bicycle parking and car share services.  "Anything that puts people ahead of automobiles will be detrimental to our business.  We need to make sure that this virtually free public land continues to be allocated to vehicles, and only vehicles." Jeff explained.  And while prices for everything in San Francisco continues to climb, from food, to transit, and parking, you can rest assured that SF parking will remain absurdly low and ripe for the picking. 

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