Biology of Business

Beepi

Automotive · Founded 2013 · Defunct 2017

By Alex Denne

Beepi's 2017 collapse after raising $150 million demonstrates how peer-to-peer used car marketplaces face fundamental unit economics challenges. The startup's model required expensive vehicle inspections and logistics for transactions where margins were thin. Like an organism whose hunting strategy costs more energy than prey provides, Beepi couldn't make the economics work no matter how much it scaled.

Key Leaders at Beepi

Ale Resnik

Co-founder/CEO

Key Facts

2013
Founded