Founders

Who Are We?

• Jeffrey M Ovadya, Founder. Jeff broke out of his career as a software engineering consultant to dedicate his time to projects that enhance the vibrance of our communities. Jeff also drove ride-shares with Uber and Lyft for a while. Displeased by Uber’s and Lyft’s impacts upon our communities, Jeff spearheaded efforts to develop Rideshare Cooperative to preserve our community values.
• Andrew Camp, CPA, Co-Founder, Finance. Andrew loves startups and building effective efficient operational and corporate finance machines. Andrew has succeeded in various finance roles at Deloitte, GitHub, Enphase Energy, Sunfolding and Recology. Enjoying technology and experiencing the employee-owned business model lead him to pursue and help develop the Rideshare Cooperative business model.
• Alex Shtaygrud, Co-Founder, Tech. Alex is a successful entrepreneur and world-class software developer with over 30 years of experience. Creator of the disruptive Metaverse platform Roomful and co-founder of the online education company CentreLearn. Previous experiences at Microsoft included development lead for Internet Explorer and Microsoft SQL. AT Borland he contributed to the development of Turbo Pascal & C++ compilers and Quattro Pro Spreadsheet.

Our Mission

New global ride service:

• SUPERIOR BUSINESS MODEL
  low overhead, minimal fixed costs
• COOPERATIVE CORPORATE STRUCTURE
  protects driver earnings & transparency
• DELIVERS ABUNDANT ROI
  profits 5% of all fares, at scale
• PASSENGER PREFERRED
  superior service, transparent fair prices
• DRIVER ENDEARED
  drivers always receive 90% of all ride fares

Superior Business Model

• ONLY PASSENGER RIDES:
  Unburdened by other investments, no interest in autonomous vehicle research.
• WE GROSS:
  High earnings, 9% of all ride fares, and retain about 55% of that as profit, at scale.
• WE PAY FOR:
  Corporate costs with no corporate bloat.
• DRIVER PAYS FOR:
  All ride-related expenses such as livery insurance, vetting, and our handling fees.

Cooperative Corporate Structure

• Alleviates driver trust issues.
• Yields enormous investor returns.

Delivers Abundant ROI

Rates and Revenue

Business Development Timelines

Passenger-Preferred

Passenger Differentiators:

• Transparent consistent rates.
• Rates never surge.
• Grateful enthusiastic drivers.
• Quick-Rides.
• Integrated favorites.

Driver-Endeared

Driver Differentiators:

• Transparent earnings.
• Higher pay, gross 90% of fares.
• True independence in a b2b relationship.
• Cooperative structure protects drivers’ earnings.
• Tax advice for drivers to maximize their net earnings.

Funding initial 12 months (3 quarters infrastructure + 1 quarter service)