Today's savvy shoppers are finding new, collaborative ways to buy goods and services. Instead of buying cars, they are renting them for hours at a time. Instead of paying retail prices for new clothes they are using online platforms to choose and swap with others. Instead of staying at boutique hotels, they are opting for the luxury of renting a room at a person or family's home. The "sharing economy" as it has been called, is all about collaborative consumption. With technological advances, connected social networks, and scalable business models--collaborative consumption is providing new ways for businesses, consumers and the economy to connect and relate to each other.
The impact is in the numbers. Car-sharing revenue is expected to reach over $3B by 2016 and peer-to-peer rentals are expected to expand to become a $26B industry. Perhaps most telling is $110B--the estimated total market for the sharing economy over the next few years. This market is emerging and expanding at a rapid pace.
You can learn more about this fascinating topic by joining MIT-Stanford VLAB on May 21st 2013 for a lively discussion exploring reality and future potential for collaborative consumption. Meet a panel of experts including entrepreneurs who are driving the new, sharing economy.
Kanyi Maqubela, Venture Partner, Collaborative Fund
Andre Haddad, CEO, Relay Rides
Andy Ruben, Co-Founder, yerdle
Ronny Conway, Partner, Andreessen Horowitz
Peter Dempster, Advanced Technologies Engineer - Energy Topics, BMW Group
Get Your Tickets While They Last!
$30 Early Bird ends at 11:59PM on May 6th
$50 At door
** DISCLAIMER: Please note that RSVP in Meetup does NOT register you for the event. Please purchase your ticket(s) at http://www.vlab.org/store.html?event_id=467