Category

sharing economy

Trend Watch

Grab These Shares… Before the "Sharing Economy" Is Sued Out of Existence

Uber, the ride-sharing service valued at $50 billion, is at the forefront of disrupting the taxi industry.

Consider this small but very telling fact…

A New York taxi medallion, the license that allows you to drive a cab in the city, cost $1.3 million in 2013. But today, you can pick one up for a (relative) song at $840,000.

The price has been plummeting since 2013 – the first time that's ever happened.

And you'd better believe the hospitality industry is taking seriously the threat presented by Airbnb, which puts temporary renters and guests together.

The sharing economy companies are basically telegraphing hostile intentions against "traditional" industries.

But instead of fighting this trend outright, one old-line stalwart is making a very savvy end run around the new competition. That's who we're "backing" today.

We'll be richly rewarded, too...

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The New "Sharing Economy" May Not Be the Profit Bonanza Everyone's Expecting

Plenty of analysts, market-watchers, and thought leaders are excited about Uber, Airbnb, and the advent of the so-called "sharing economy."

Here's the thing: The sharing economy isn't for everybody.

Why not? Because, as we learned in the sandbox, not everyone wants to share.

Although they are certainly part of the equation, the question is whether the real sharers and their financial backers are willing to back the notion of a vast array of industries whose regulatory landscape is just taking shape...