RelayRides Tops Off the Tank to Fuel Car Sharing Service

RelayRides, a car sharing service which connects people with available cars nearby, has added an additional $3.6 million to its first round of capital. It has now raised $10 million. Shasta Ventures and Lisa Gansky, author of The Mesh: Why the Future of Business Is Sharing, are joining Google Ventures and August Capital in the round, which will pay for its expansion in San Francisco and Boston.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work