The Shared Economy: Creating Value by Making Assets More Productive
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This past year, we’ve seen many startups score enormous valuations. Airbnb was valued at $35B, Rent the Runway reached a $1B valuation with a $125M funding round, and Uber’s IPO valued the company at $80B+. Thematically, these companies are very similar. They offer cheaper products or services on a per use basis and enable increased usage of underutilized assets – in these cases, real estate, cars, and clothes. The former generates demand and the latter provides a supply, together forming a marketplace.
The Shared Economy: Creating Value by Making Assets More Productive
The Shared Economy: Creating Value by Making…
The Shared Economy: Creating Value by Making Assets More Productive
This past year, we’ve seen many startups score enormous valuations. Airbnb was valued at $35B, Rent the Runway reached a $1B valuation with a $125M funding round, and Uber’s IPO valued the company at $80B+. Thematically, these companies are very similar. They offer cheaper products or services on a per use basis and enable increased usage of underutilized assets – in these cases, real estate, cars, and clothes. The former generates demand and the latter provides a supply, together forming a marketplace.