The Age of the Sharing Economy

One of the most interesting business stories out there currently is the disruption taking place in the taxi cab and limo industries. Yes, I am talking about Uber and Lyft the two startups which are wreaking havoc in these spaces. They enable car owners to become instant cabbies if there’s someone in need of a ride along their route.

Additional players in the people movement business include ZipCar which will rent a car to you if you prefer to do the driving.  Its cars are dispersed all over the city and can be located with a smart phone app. There are also companies which allow people in urban centers to share ownership in a vehicle along the sames lines as a timeshare condo.

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