The comments here are worth reading as much as the piece itself, I see the “sharing economy” now being quoted as the future of everything and I have no belief in it whatsoever’ it appears if you’re not building Airbnb for something or Uber for something you are not moving in the correct direction. What we we tend to see in sharing economy is companies that scale fantastically in tech centric locations like San Francisco but never make it out the door after that. Take for example car sharing started many years ago by Zipcar in the US, now we have Buzzcar, Getaround, RelayRides, Tamyca, Wheelz, WhipCar, we have seen zero growth of these in Europe?
Do people really believe that there is this type of demand?
In the ride sharing world we have even more, erideshare, Avego, ridejoy, zimride and many others, none of these are really working, even Lyft which I used recently in San Francisco which is a Hailo like service has just gotten rid of its ride sharing arm Zimride to concentrate on what is really a taxi business, hell some can’t even calculate the cost of a journey between two Irish cities.
Take Uber for example, now active in 33 cities, lets take an average of 100 rides per city per day total 3300 rides a day (this is probably somewhat accurate) now with an average ride of say $40 and Uber’s cut of 20% you should see turnover for Uber of around $8 million before costs (easy to see where all these billion dollar valuations come from isn’t it?)
- Why didn’t someone tell me?
- Women In Tech