This document discusses the sharing economy and on-demand services. It notes that many sharing economy startups were founded in 2008-2010 after the financial crisis. While Generation X and Millennials are driving this new economy, baby boomers are enjoying utilizing their owned assets. However, on-demand services face challenges like low entry barriers leading to tough competition, cash flow management issues, and regulatory uncertainty around whether workers are employees or contractors. As the sharing economy grows, individual reputation and credibility online may become increasingly important.
6. THE FACTS OF SHARING ECONOMY
many of startups in this arena were
founded between 2008 and 2010 right
after the financial crisis.
Generation X and Millennial are driving this
economy while baby boomers are enjoying
utilizing their owned assets.
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10. POSSIBLE PITFALLS -> PROBLEM NOW
Demand/Supply Creation at a time
Low Entry Barrier = Tough Competition
Cash Flow Management
Fraud and Abuse
Regulatory Issues
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12. Demand/Supply Creation at a time
Low Entry Barrier = Tough Competition
Cash Flow Management
Fraud and Abuse
Regulatory Issues
POSSIBLE PITFALLS -> PROBLEM NOW
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13. it is said that Uber and
other car/driver based
on-demand services are
losing certain amount of
money whenever they
pursue the service. As a
matter of fact, they all
chase scarce resources
within the industry, a
human.
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14. Demand/Supply Creation at a time
Low Entry Barrier = Tough Competition
Cash Flow Management
Fraud and Abuse
Regulatory Issues
POSSIBLE PITFALLS -> PROBLEM NOW
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15. an independent contractor or an employee?
uber lost in the lawsuit in CA that the
court admitted a uber driver is an
employee. this is the epic moment for
“on-demand service” industry especially
for the service engined by human
resource
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16. PIVOTAL CHANGE OF TASKRABBIT
From Auction style to simple on
demand style
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17. AIRBNB NEAR BAN IN SF AND NYC
Law Matters!
Due to a Prohibition of short-term rentals,
Airbnb dropped the 2K listings in NYC and
protested a proposal of a bill against
short-term rentals in SF
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19. REPUTATION TRANSPARENCY
Like Credit Score, it will be required an
individual reputation should be
transparent all over the Sharing
Economy
<this is still sure as of now>
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20. SUMMARY
As Forbes estimated, total revenue from this market was over
$3.5B in 2013 and will grow for the time being.
it s the beginning of the end of super consumption, high-mix
low-volume production era and a structural shift of
consumption begins. this will bring tectonic change to makers,
polarize the world, change the relationship between the owner
and the lender, and make individual credibility on the internet
more important
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