Yo, technology.

What is it all about?

When we talk about raising a billion or $10 billion, that's not so that we can drive out competitors or build massive network effect.

It's just what we need to do. Hello and welcome to Danny in the Valley, your weekly podcast from behind the scenes and inside the minds of the top people in tech this week.

We have a tech and Silicon Valley OG on the show.

Sunil Patel is our guest. And Sunil has come on to talk about his new company. It's called

Spring Free EV, which is an electric vehicle financing startup with a really interesting model.

And Sunil's fascinating because

just an amazing breadth of experience he brings to this idea. And it's his kind of journey in

tech starts all the way back at AOL, where he was the first and only internet product

manager at America Online, as it was was then back when this whole weird internet

thing was just getting started nobody really knew where it was going to go he went on to

found another couple companies you went through the dot-com bus the first clean tech 1.0 bust

navigated the financial crisis started a ride sharing companysharing company way back in 2011. It was called

Sidecar. Just as Uber and Lyft were tooling up to try to take over the world,

sidecar ended up getting suffocated by those companies. That's perhaps why you may not have heard

of it. That company shut down and believing 2015, it didn't work

for a lot of reasons, which we'll get into. But we can see is that Sunil has been around the

block a couple times. He's had a bunch of successes, some failures, which is what makes us new

company so interesting, because what Springfree does is make it easier for managers of big vehicle fleets or other people

who drive a lot to switch to an electric vehicle.

And he does this by charging a per mile fee for these cars.

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