1: John Stanfield from Local Motion
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In each of our podcasts, we ask top hardware entrepreneurs the same 10 questions to better understand the challenges and best practices in starting a hardware company. In Episode 6 of Season 1, Lemnos’s Eric Klein speaks with interviewing John Stanfield, the co-founder and CEO of Local Motion, which was acquired by Zipcar. Why did you start your project? Clement and I co-founded Local Motion in 2010, just out of Stanford. I came out of a product design program there in the mechanical engineering group and Clement was MS&E (Management, Science, and Engineering). We had an idea to try and solve local mobility by building a four-wheeled plug-in electric vehicle that was designed from the ground up to share—something that was designed to be sold to places and not people and really focus on the local sharing of mobility. What we found after about two years was that our real true value in the marketplace was to offer that sharing ability to existing infrastructures. We separated the vehicle from a small piece of…