8 Israeli Tech Trends, 8 Crazy Nights 2014: Sharing Economy (5/8)
As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 5/8: Sharing Economy How a trend is born: You exit the airplane, get into a taxi, pick up the keys to your lodging and open the door… to someone else’s home. Airbnb has dramatically changed the way people find accommodations when they’re planning vacations. It’s just one member of a major startup trend: The sharing economy. This model, build on the sharing of human and tangible resources, is also referred to as peer-to-peer, mesh and collaborative consumption. Anything that can be created, produced or consumed is part of this socio-economic economy built for easy and cheaper acquisition of goods and services. ‘Sharing economy’ as a term began in the mid-2000s. Consider eBay, Craigslist and Krrb – these are all marketplaces that are built on a collaborative consumption model. Today, within the startup culture in both Israel and beyond, there...
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