Average Joe entrepreneurship and the sharing economy

From extra attic space to a spare room, Americans are banking on sharing for a little extra cash.

On Tuesday, April 29 at 12:30 pm ET, we discussed: 

Chances are, you have stuff you don’t always use that others would pay to rent — a lawnmower, an extra car, an expensive purse. America’s sharing economy, born from the recent economic crisis, exploded into a $26 billion a year industry but not without its critics. Taxi nd hotel groups say they’re being robbed of business by people operating illegally, with some arguing it will even drive costs up.

On this episode of The Stream, we spoke with: 

Arun Sundararajan @digitalarun
Professor of Information, Operations and Management Sciences at New York University
oz.stern.nyu.edu

Noah Karesh @noahkaresh
Founder of Feastly
eatfeastly.com

Scott Smith @changeist
Founder of Changeist LLC
changeist.com

Our highlights:

A large part of what's driving the sharing economy isn't just economic... but it's a desire to form genuine connections with other human beings as a part of everyday consumption of goods and services.

Arun Sundararajan @digitalarun

Professor at New York University

It’s not that there isn't regulation, the way things are being regulated is just shifting and becoming more egalitarian and a lot more transparent than what currently exists.

Noah Karesh @noahkaresh

Founder of Feastly

Companies are taking risks they normally wouldn’t have taken

Scott Smith @changeist

Founder of Changeist LLC

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