Russell was astounded by the cost of commercial storage space and so pondered the possibility of finding storage privately, perhaps a garage, spare bedroom or under a house. From his frustration a business was born. In 2009, the pair, with one other partner, founded SpaceOut and currently have over 300 listings Australia wide.
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Many Collaborative Consumption marketplaces depend on matching 'haves' with 'wants', whatever they maybe. So the first big issue to address is building a critical mass of inventory (users, products or services) on both the supply and demand sides of the equation. I am often asked, "Which side should I focus on first/most- supply or demand?" and 'How do I know when I have achieved the right level of critical mass for my marketplace to be effective?" Here are some key learnings from successful two-sided marketplaces.
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The terms “the sharing economy” and “collaborative consumption” are both used to describe a fascinating new economic and social phenomenon. They refer to markets for the sharing of products and services between individuals.
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TROC-EXCHANGE.COM is a values-driven bartering website where we're changing how we swap goods & protect the planet. Troc-Exchange.com is a trading website dedicated to cutting waste while supporting environmental foundations.
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Why own when you can access? This question is becoming more and more prevalent among city dwellers thanks to the rise of the sharing economy, which is revolutionizing the way we think about ownership by increasing access, reducing waste, and generally making life better.
Via jean lievens
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A recent RelayRides car accident is bringing attention to some of the liability issues associated with sharing economy borrowing arrangements.
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Get informed, connected and inspired at the Sustainable Industries Economic Forum.
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More and more Czechs have taken a fancy to borrow or share things via the Internet instead of buying them both to save finances and protect the environment by lowering consumption, the daily Hospodarske noviny (HN) writes yesterday.
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"San Francisco is the focal point in a debate over whether government should foster this type of collaborative consumption and whether and how to regulate and tax transactions that have blossomed outside normal business boundaries."
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Really interesting examples of how startups (tech and brick and mortar alike) are using collaborative consumption resources to lower their startup costs and build their business.
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Adam Black, Founder of KeyWiFi explains to PSFK how wireless tethering can be used to get the unconnected world online.
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Great summary of the highlights of the new crowdfunding law.
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This one-day summit investigated the range of business models being used by Collaborative Consumption businesses around the world. How do they balance profits with purpose? How do they scale? How do they attract sustainable sources of VC capital?
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LIGHT UP YOUR SHARING ECONOMY BUSINESS.... What one thing can flip the switch on the Sharing Economy, moving it from early adopters to a greater global audience? TRUST.
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Great group making swapping hip. Critical for the mainstreaming of collaborative consumption!
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Interesting take on collaborative consumption. Connects travelers to help you "get anything from anywhere, ship anything for free, freecycle..."
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Collaborative Consumption Startup Good Karma Clothing for Kids is among the new portfolio companies. (Full disclosure, that's my company).
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One of TIME Magazine's 10 ideas that will change the world and the next big thing according to researchers, collaborative consumption is a new way of sharing (Collaborative Consumption - Changing the World?
Via jean lievens
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The SF Bay Area is a hub for a new type of sharing economy, where things aren’t bought but borrowed. Let’s call it the age of sharing.
Via jean lievens
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Uniiverse co-founder and CEO, Craig Follett, wants to get you off of your computer and out into the real world.
Via jean lievens
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Toting a loaf of homemade bread, her boyfriend’s beef jerky, and a couple of bottles of her very own Thunder Sauce, Grist’s green-living pioneer, the Greenie Pig, sets off for the neighborhood ...
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Fantastic statement of beliefs that is applicable to many of us in the collaborative consumption space
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Micro-lending sites like Kiva are an important development tool, but bias is affecting lending choices. Here's how to fix it.
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Article by Van Jones, now President and Co-Founder of Rebuild the Dream. "By deliberately birthing 'friend and favor' economies at the local level, the 99 percent can help to reinvent the American Dream itself."
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The San Francisco Tax Collector's Office held a contentious hearing at City Hall this week on its proposal to start charging private residents who temporarily rent out a room the city's 14 percent hotel tax.
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