Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Panel

While the concept of using the web to share “stuff” — from cars to apartments to tools — is still relatively new to many consumers, the business model is being adopted by a growing number of companies and I think has started to reach a tipping point and become more of a mainstream concept.

So-called collaborative consumption has also started to make some companies a significant amount of money. Here are 10 signs that I’ve seen that a web-based sharing economy is movin’ into the mainstream:

1). Airbnb $1 Billion Valuation: The peer to peer apartment and house rental startup Airbnb is reportedly raising a $100 million (or more) sized round, at a $1 billion-plus valuation, led by Andreessen Horowitz. Previously the Y-Combinator company had only raised $7.8 million. No doubt such a large leap in funding will help the company rapidly grow, and continue to bring in more users beyond the early adopter crowd.

 

To read the full, original article click on this link: 10 Signs Web-Based Sharing Is Reaching A Tipping Point Cleantech News and Analysis

Author: Katie Fehrenbacher