Beepi
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