What They Dont Teach You At Stanford Business School

Stuff you can't learn in B-school: LARRY CHIANG

LockedOut: An Uber For Locksmiths

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By now, it’s clear that we will see “Uber for [x]” companies until there is indeed an Uber for everything.  Here is the latest one: LockedOut — an Uber for locksmiths.

The locksmith experience is pretty much on-demand already, but LockedOut founder Ray Wang argues that the locksmith market (especially in New York, where the service is now in beta) isn’t exactly great. According to Wang, locksmiths will often advertise very low rates and then pull a bait-and-switch on the unsuspecting customer, telling them that they also have to completely replace the lock, for example.lockedout1

Wang, who previously founded the TechCrunch Disrupt Battlefield participant Nimbusbase in 2013 (which was later acquihired by xAd), also argues that many of the locksmith companies on the market today are basically lead gen companies that will advertise on Google and then sell the lead to others.

All of this doesn’t exactly make for a great customers experience. So LockedOut…

View original post 254 more words


Written by Larry Chiang

August 10, 2015 at 9:57 am

Posted in Uncategorized

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