The “sharing economy” is revolutionizing the way Americans think about ownership and commerce.
In New York City, you can rent a room on Airbnb, catch a ride with Uber, sell your old threads on Modabound, and leave your nine-month-old with a shared nanny. The “sharing economy” is revolutionizing the way Americans think about ownership and commerce. It’s also poised to make a handful of venture capitalists in Palo Alto and Tribeca very, very rich. Airbnb is estimated to be worth $2.5 billion. Uber’s valuation is rumored to be $3.5 billion.
Continue reading… “Why it’s time for the sharing economy to become the sharing society”