[octoberfranklin]

> What are the plans of the company to deal with possible huge amounts of theft complaints?

Probably "theft as a service", like KitSplit: https://news.ycombinator.com/item?id=20276631

Voluntary Parting, baby.

[ximeng]

As mentioned in response to your other comment KitSplit did appear to address this:

https://blog.kitsplit.com/announcing-kitsplit-theft-protecti...

[ggoo]

> We’ve built an incredibly effective vetting system that has stopped the vast majority of voluntary parting thieves. As a result voluntary parting is extremely rare, .02% or about 1 in 5000

Is it just me or does this seem not rare at all? If you rent your gear 100 times on kitsplit, there is a 2% chance it will be stolen.

[ximeng]

If renting a 3,500 USD camera costs 70 USD, the return is 2%, so less voluntary parting rate of 0.02% this is still 1.98%. Or in other words, KitSplit can theoretically cover the risks by taking an additional 1% of the profit earned by the person renting out the camera.

[derwiki]

I think it’s hard to summarize accurately. Often you find a regular renter and they’re very reliable. Most of my rentals were repeat vs first time.