Comment by bambax
16 hours ago
The Carosses à cinq sols was not just an idea but a startup proper; Pascal invested most of what he owned for a sixth of the business, which turned out to be a great investment.
The main idea behind it was a kind of time share. At the time, only the (very) rich could afford to own and maintain carosses and stables with 6 to 10 horses in crowded cities like Paris; it was a truly revolutionary idea that a company would own the cars and the horses, and the general public would pay only for the time traveled.
Then the other genius idea, of course, was fixed routes and predictable schedule, as explained in the post. People actually objected at first that it would be stupid (and ruinous) to have empty carriages going from one place to another instead of chasing customers like a modern cab. But that was the whole point.
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