Juno (company)

Juno is a US startup company in the ride-sharing space. The company has an equity structure that will facilitate drivers owning fifty percent of the founder's equity by 2026. In addition, Juno has announced that it will take a "smaller cut off every ride: Just 10% compared to Uber's 20% to 25%", as part of a strategy to attract and retain happier drivers.[1][2]

Juno will launch its ride sharing services in New York City.[3]

History

Juno was founded by Talmon Marco, who will serve as chief executive officer. The company headquarters is in New York City.[3]

Information on Juno became public in February 2016, following an unheralded and unannounced beta release of a software app to 2000 drivers in New York City. Information leaked, and the company began granting interviews by 16 February 2016.[4]

Juno had intended to operate without press for several months.[4]

External links

References

  1. ↑ O'Brien, Sarah Ashley (2016-02-20). "Uber competitor says its drivers will own the company". CNN. Retrieved 2016-02-22.
  2. ↑ Solomon, Brian (2016-02-16). "Stealth Startup Juno Will Take On Uber By Treating Drivers Better". Forbes. Retrieved 2016-02-22.
  3. 1 2 Noto, Anthony. "New ride-sharing app Juno brings fight to Uber one driver at a time". New York Business Journal. Retrieved 2016-02-22.
  4. 1 2 Lacy, Sarah (2016-02-17). "Juno founder: “Everybody we talked to, they hated Uber with a passion.”". PandoDaily. Retrieved 2016-02-22.
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