![]() ![]() If their numbers are good and their valuation is reasonable, I predict multiple offers. I expect a very smart pitch and some intelligent interaction with the Sharks. The Maiers have a couple of good things going for them: they proved their concept and they have a history of success in this kind of business. Will Sharks Equip This Business With a Deal? I would actually save money by renting from Baby Quip and I’d be spared the hassle of traveling with all that gear. If i had to pay fifty bucks for each item to be checked on an airplane, it would cost $150 each way. People going on vacation want to relax, not sweat the hassles of bringing along baby gear.Ī quick review of a local Baby Quip Provider showed me I can rent a crib, stroller and car seat for $25 per day. It was a pain in the neck and about 30% of the time, the airlines lost my car seat! Now, with airlines charging for extra baggage, taking along a bunch of stuff for baby can get pricey in addition to inconvenient. My Take on Baby QuipĪs a father of five, I schlepped a lot of baby gear around the country while traveling when my kids were little. They’re hoping a Shark will join them on their journey to baby gear rental domination. To expand, they’ll need capital and more help. Quality Providers – largely moms looking for extra income – earn an average of around $600 per month providing the service.įran and Joe have proven their concept works and they’re looking to be as big as the AirBnB’s of the world. Baby Quip provides all the insurance (for a percentage of the Provider’s income) and collects an 18.5% fee on every order. Quality Providers have to provide their own inventory and they’re responsible for keeping things clean and in safe working order. When your vacation is over, the Provider picks up the gear and you’re on your way. For an added fee, they’ll even deliver items like diapers. That order is forwarded to a local Quality Provider in Orlando who delivers the gear to you at your chosen location: the airport, your hotel or whatever. You go onto the Baby Quip website and order up a crib, stroller and car seat. You want to bring your baby, but you don’t want to schlepp all the associated gear with you. ![]() The critical “last mile” of service delivery is performed by thousands of “Quality Providers,” independent contractors who literally deliver the goods to the end user. In just 4 years, they’ve gone from zero to providing their service in over 500 cities in North America. Together, they’ve grown baby Quip from an idea into a juggernaut in the new baby gear rental business. ![]() Joe is a tech guy as well: he has experience building complex, back-end web platforms. She’s also an AirBnB superstar who earns a nice chunk of change with the platform in Southern California. Fran and Joe Maier, a mother and son entrepreneurial team saw a problem for people traveling with babies and created their business to solve it.įran is no stranger to tech start-ups: she was one of the founders of and she’s on a dozen boards of small tech companies. A travel crib, car seat, stroller and more can make it seem like you’re going on a safari rather than a vacation. Think of the last time you traveled with a baby and try to envision all the stuff you needed to tote along. Baby Quip is kind of an Uber or AirBnB for baby gear. ![]()
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