The fleet revenue management program where you learn the financial discipline — and leave with the financial artifacts — that serious operators actually need.
Every other Turo course was built by someone who hosted their way to an opinion. KBS was built by someone who spent twelve years in markets where every opinion is priced against its risk, its reward, and its expected value.
Each module ends with a financial artifact — a real output applied to your fleet, not a hypothetical exercise. You don't just leave with knowledge. You leave with documents.
101A — The Real P&L: Gross payout, platform fees, reimbursements, every operating cost category, and depreciation — built bottom-up from your actual data. Fleet totals and vehicle-level detail in one statement. The number Turo never shows you, calculated precisely.
101B — Financial Control: Income Statement, Cash Receipts & Disbursements, Balance Sheet, and Depreciation Schedule — bundled into a package your accountant can use.
201A — Capital Recovery: Capital recovery curves, depreciation context, sunk-cost discipline, and the math behind hold vs. sell decisions.
201B — The Fleet as a Portfolio: Buy, hold, sell, and replace decisions at the vehicle level — concentration, market exposure, and where the next dollar of capital should go.
Where should this vehicle compete — and what would have to be true for another market to deserve your capital? Market positioning, demand signals, and competitive context for decisions that don't get made until someone does the math.
401A — Your Pricing Floor: Every vehicle has a minimum daily rate below which it cannot be profitable — under your actual cost structure and utilization. Find it, defend it, and know immediately when a trip prices below it.
401B — The Cost of Discounts: Discounts purchase occupancy. KBS measures exactly what you paid for it — named, dated, and dollar-quantified across every affected trip. Then you decide from evidence, not instinct.
Payout audit, reimbursement gaps, missing receipts, and unreconciled reimbursement opportunities. Every serious financial analysis begins with a clean record. This is how you build one.
The FleetKestrel platform is the analytical infrastructure behind every course in the KBS curriculum. This course teaches you to read the outputs, interpret the signals, and translate data into operating decisions. Not a tool tutorial. Applied decision science.
Every artifact you build in KBS has a home in the FleetKestrel platform. The course teaches the discipline. The platform applies it, every month, automatically.
Each module comes with a full suite of audio-visual study materials — structured for self-paced learning. The live component is what makes this a program, not a course.
Six times across the six-week program, the cohort convenes for an Investment Committee session — a live clinic, modeled on institutional buy-side training, where you present fleet decisions, interpret your results, and pressure-test your thinking with Jacob and the cohort. This is not a Q&A. It is structured analysis, applied to your fleet, in real time.
Seats are limited to 25 to preserve the investment committee dynamic. First come, first served.
Tuition includes a 12-month FleetKestrel implementation license — the instrument that runs the economics you just learned, applied to your actual fleet. Every admitted operator pays one flat price because every operator receives the same cohort seat, decision framework, and implementation support. Your fleet size determines the scale of the decisions — not the quality of your access.
Jacob Reinhart spent twelve years as a veteran derivatives trader and Quant in global options, futures, and equity markets — the kind of environment where imprecision is not a performance problem. It's a risk problem.
When he found Turo operators generating $200,000 a year in gross revenue without knowing whether they were actually profitable, he recognized the situation immediately. They were operating without instruments.
KBS is those instruments — taught by the person who built them, applied to your specific fleet, your specific market, and your specific cost structure.
Apply for the Founding Cohort. 25 seats. Taught live by Jacob Reinhart. Eight modules. Eight financial artifacts. Applied to your fleet.
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