Can't We All Just Get Along? The Zipcar Edition

Bloomberg reported earlier today that car-sharing service Zipcar is planning an IPO, based on an interview with company CEO Scott Griffith. A few hours later, TheDeal called Bloomberg's story "a gross misinterpretation" and "nonsense," based on a followup interview with Zipcar spokeswoman Nancy Scott Lyon. Specifically, TheDeal quotes Lyon as saying: "We did not announce an IPO and have no immediate plans to go public." But Bloomberg stuck by its story, telling telling Clusterstock that its interview with Griffith was on tape, and that he clearly said "2010" when asked about timing of a possible IPO. TheDeal also is holding firm, reiterating Lyon's quote in some back-and-forth Twitter posting (yes, this is pure new media hell). I've been unable to get Griffith or Lyon on the phone myself -- in part due to ZipCar's dysfunctional voicemail system -- so let me partake in some idle speculation...

11 June 2009•2 mins read
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