Collaborative Economy Industry Stats 2015- Present
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Managed by Jeremiah Owyang @jowyang
DateIndustryStat Type: Usage/Frequency/Total --but not funding (That's on another sheet, see row 4)RegionStartupGraphs or ReportStat QuoteSourceSubmitted by:
2013AllVariousGlobalYesMy prior collection of stats, in 2013.
2014SpaceRevenue, DisruptionAirbnbRESEARCH in 2014. The Boston University publishes the first serious scientific study about the impact of Airbnb : “The Rise of the SharingEconomy: Estimating the Impact of Airbnb on the Hotel Industry”. The study estimates that a 1% increase in Airbnb listings in Texas results in a 0.05% decrease in quarterly hotel revenues.
2014AllVariousGlobalYesVarious stats and data from Deloitte
2014AllAttitudes and RegulationUSAYesNine cities (Austin, Charlotte, El Paso, Indianapolis, San Diego, San Francisco, Seattle, San Jose and Washington DC) show positive sentiment toward ridesharing and homesharing. Of those cities with positive sentiment:
5 (Chicago, Columbus, Houston, Oklahoma City and San Antonio) have passed or discussed formal policies that would allow ridesharing, but impose additional restrictions (drug testing, licensing fees, etc).
9 (Baltimore, Boston, Dallas, Detroit, Fort Worth, Jacksonville, Memphis, Louisville and Nashville) have policies pending about ridesharing.
Fifteen cities (Baltimore, Charlotte, Chicago, Denver, Detroit, Jacksonville, Las Vegas, Los Angeles, Louisville, New York, Philadelphia, Phoenix, San Diego, San Francisco and San Jose) have experienced regulatory action or other intervention from state policymakers.
2015ALlVariousGlobalYesColalborative Economy Research Reports vetted by Rachel Botsman
2015VariousForecastGlobalYesIn August 2014, we released research projecting that five ‘sharing economy’ sectors – peer-to-peer accommodation, car sharing, peer-to-peer finance, music, TV and video streaming, and online staffing – could potentially generate global revenues of around $335bn by 2025.
5/28/2014Services AdoptionGlobal"“Shared goods do not need to be physical assets,” said John Burbank, president, Strategic Initiatives, Nielsen. While people around the globe are most willing to share or rent electronic devices for a fee, perhaps due to the portability and non-personal nature of these devices, the next most popular share around the globe is lessons or services. Just over a quarter of global respondents (26%) are keen to share their intellectual property. Running errands or offering skills via the Internet, such as language or music lessons or dog sitting services, require nothing more than time and ability. "
10/1/2014TransportationAdoption and ImpactsNorth AmericayPUBLIC BIKESHARING IN NORTH AMERICA DURING A PERIOD OF RAPID EXPANSION: UNDERSTANDING BUSINESS MODELS, INDUSTRY TRENDS AND USER IMPACTS: "Public bikesharing—the shared use of a bicycle fleet—is an innovative transportation strategy that has recently emerged in major cities around the world, including North America. Information technology (IT)-based bikesharing systems typically position bicycles throughout an urban environment, among a network of docking stations, for immediate access. Trips can be one-way, round-trip, or both, depending on the operator. Bikesharing can serve as a first-and-last mile connector to other modes, as well as for both short and long distance destinations. In 2012, 22 IT-based public bikesharing systems were operating in the United States, with a total of 884,442 users and 7,549 bicycles. Four IT-based programs in Canada had a total of 197,419 users and 6,115 bicycles. Two IT-based programs in Mexico had a total of 71,611 users and 3,680 bicycles. (Membership numbers reflect the total number of short- and long-term users.)"
1/1/2015AllVariousGlobalShareable publishes overviews of a variety of reports, see query
1/1/2015AllFundingGlobalTons of Funding Data, a larger Google Sheet
1/1/2015AllVariousYesThe Collaborative Economy: Empowering Freelancers, Gig-Workers and Sharers. Aggregation of Data from other locations, including Crowd Companies research
1/1/2015TransporationVariousGlobalYesVarious stats on ridesharing, rates, money, effeciency, attitudes, and more.
1/3/2015Money: CrowdfundingActivity, EarningsGlobalAccording to Okyle, Crowdfunding has become a $5.1 billion industry that raises $2 million each day, yet it still accounts for only 3% of startup funding.
1/5/2015TransportationEarnings, AttitudesGlobalYes2015 is the year of ridesharing, various stats
1/6/2015MoneyActivity, CrowdfundingGlobalKickstarterYesKickstarter crowdfunding in 2014: $529m of pledges from 3.3m backers. Kickstarter projects attracted $529m (£347m) of pledges from 3.3m people in 2014, according to the crowdfunding website’s end-of-year roundup. 22,252 projects reached their funding goals on the site that year, with music and film/video the two categories with the most successfully-funded campaigns – 4,009 and 3,846 respectively. According to Kickstarter’s overall statistics, since its launch in 2009, the site has attracted nearly $1.5bn of pledges, and has successfully funded more than 76,900 projects.
1/8/2015Money: CrowdfundingForecast GlobalThe Tabb Group has estimated that the market will hit $17 billion in 2015 after having been forecasted to touch $10 billion in 2014 with more than 1000 new platforms formed. Some of the funding will come from angel investors who could invest a total of $50 billion in 2015 across all funding opportunities compared to $22.9 billion in 2012, though a more conservative estimate puts the figure at $28 billion.
1/12/2015Money: CrowdfundingActivity, Money, Crowdfunding, RevenuesGoFundMeMore than $156 million was raised on GoFundMe in the fourth quarter of 2014, bringing the total funds raised last year to $470 million. Kickstarter, which previously held the top spot, raised $136 million in the last quarter, for a total of $444 million raised in 2014.
1/14/2015SpaceAttitudes, EfficiencyYesCoworking Stats, Various
1/15/2015Transportation, SpaceAttitudesUSAirbnb, Uber, LyftYesLooking specifically to the 30 cities analyzed we found 9 cities that showed overall positive sentiment and 21 that had mixed sentiment to homesharing and ridesharing. Additionally, we found that 15 of the 30 cities experienced regulatory action or other intervention from state policymakers.
1/15/2015AllValuationGlobalAccording to PwC, by 2025 the on-demand industry could be worth around $335 billion. The on-demand trend won’t die down soon. For business they will have to re-adjust themselves for newer reality. For users it makes getting what they want easier. Soon the difference between updating instagram via phone verses getting physical things delivered instantly will be blurred. Players like Juggernaut, Breezeworks and Dispatch are ushering that change.
1/16/2015All AttitudesUSIn the past two years, 53% of Americans have used a Sharing Economy service and 83% of Americans indicated that they would be willing to try it.
1/16/2015AllEarningsUKEarning in the UK #sharingeconomy in 2015! £19,200pa - 28hr week - Time, knowledge and assets make you a business!
1/18/2015AllValuationUKPwC is also projecting that the UK sharing economy could be worth up to £9 billion a year by 2025. F
1/18/2015Transportation, EmploymentForecast, Jobs, DisruptionEuropeUberUber Wants to Create 50,000 Jobs, Take 400,000 Cars Off the Road in Europe This Year
1/19/2015EfficiencySFUber, Lyft,YesMany Graphs: In one of their more striking findings, Rayle and co-authors found that 66 percent of the trips taken by people who use these app services would have been twice as long if taken by public transit instead (that's if nearby transit was at least available)
1/20/2015SpaceRegulationSFAirbnb, Homeaway, VRBOAuthorities in San Francisco recently introduced legislation to lift the ban on rentals of less than thirty days, with some important restrictions. The rental must be of the owner’s permanent home (their residence for at least 275 days in the preceding year); the rental terms cannot exceed ninety days in any given year. Also, the property owner must obtain a business license and permit. Each listing must hold at least $500,000 in liability insurance and city hotel taxes must be paid for all rentals.
1/20/2015ValuationUKThe sharing economy, as it has become known, offers huge economic potential to the UK with current global revenues of approximately £9 billion predicted to reach £230 billion per year by 2025
1/20/2015SpaceForecastGlobalAirbnbBarclays Report Projects Airbnb Bookings to Surpass Hotel CompaniesHaving seen its number of available rooms grow from roughly 300,000 to about one million over the past year, Airbnb has already overtaken the largest hotel companies in regard to size. Only about 10 percent of Airbnb bookings are currently related to business travel.
1/20/2015MoneyActivtyLendingClubUnder the pilot program, two-year loans of up to $600,000 are available to eligible U.S. resellers (determined by Google) belonging to the 10,000-member Google for Work network. No fees, interest only in the first year, and loan payback “designed to match the cash-flow profile of growth investments,” according to a Lending Club statement.
1/21/2015AllAttitudesUSABroader Attitudes: More than half of consumers (56 percent) report that the number of brands they consider has increased significantly over the past 10 years, and 46 percent believe they are more likely to switch providers compared to 10 years ago. More than three-quarters (78 percent) surveyed use at least one online channel when looking for a new service provider, and nearly one-quarter (24 percent) want more digital interactions from providers. Only 11 percent of consumers strongly agree companies are effectively converging digital, mobile, social and traditional channels. Ray
1/22/2015TransportationRevenuesUberUber makes more than 3X than the taxi industry in SF,
1/22/2015TransportationEarnings UberYes"Uber drivers in many of the company's major markets are making about $6 an hour more than their traditional — and professional — taxi-driver counterparts, according to a rare analysis of internal data the company released Thursday along with Princeton economist Alan Krueger. In Washington, the difference is about $4.60, in San Francisco it's about $10 and in New York it's closer to $15." and "The analysis shows that Uber's drivers in the United States collectively received $656.8 million in payments from the company in the last three months of 2014 (that translated in October to about $17.79 an hour in Washington, and $30.35 in New York)."
1/22/2015TransportationEarnings USAUberYesAn Analysis of the Labor Market for Uber’s Driver-Partners in the United States Chase
1/22/2015TransportationEarnings USAUberYesUber Study Shows Its Drivers Make More Per Hour And Work Fewer Hours Than Taxi Drivers: One reason Uber drivers may work fewer hours is that they’re making more money per hour. In its top 20 markets, Uber partners averaged more than $19 an hour in earnings, compared to $12.90 in average hourly wages for cab drivers based on Occupational Employment Statistics data.
1/23/2015TransportationDiversityUSALyftThe arrival of Wampler and Rapaport means that 14 of Lyft's 30 executives at the director level and above—or 47%—are women, and these include leaders in engineering and operations.
1/25/2015TransportationEarnings, AttitudesUSAUberYesJust 11 percent of those surveyed, or 601 drivers, actually responded, and they were financially incentivized to do so. Still, the results were impressive. Seventy-eight percent of Uber drivers are “satisfied” with their experience driving for Uber. Seventy-one percent report their income has improved. And 73 percent say they would rather have “a job where you choose your own schedule and be your own boss” than “a steady 9-to-5 job with some benefits and a set salary.” Now combine that with Uber’s own data, which show that 81 percent of drivers work part-time (51 percent work between one and 15 hours per week; 30 percent work 16 to 34 hours). The picture emerging is clear: People driving for Uber like setting their own schedules and working hours convenient to them, and overwhelmingly, they do that.
1/25/2015TransportationEarnings, AttitudesUSAUberYesVarious Demographics of Uber drivers, another breakdown of the Study from Jan 22, 2015 by Krueger
1/25/2015TransportationEarnings, AttitudesUSAUberEstimating Uber Driver Pay, Net of Expenses: $12.26 in Boston. Reported mean hourly earnings for Boston: $19.06/hour
Since Uber keeps 20% of fares, that means customers paid $23.83/hour
Reported median trips/hour = 1.67, with $2/trip charge = $3.34
Estimated 30 minutes per hour on the meter, with $0.21/minute charge = $6.30
That leaves $14.19 in mileage charges, at $1.20/mile = 11.82 miles hourly
The Federal goverment lets you deduct expenses for operating a vehicle for business purposes at 57.5 cents per mile. That would come to $6.80/hour.
Net pay is then $19.06-$6.80 = $12.26/hour
1/26/2015TransportationEarnings, AttitudesGlobalUberThe authors of the paper say the number of new drivers is doubling every six months, with the company adding 40,000 new drivers in the U.S. in December alone. At the same time, Uber says nearly half its drivers become inactive after a year—either because they quit or are terminated.
1/27/2015AllAdoption, AttitudesUSAReport: U.S. Lags on Embracing the Sharing Economy: Approximately 80 million Americans took part in the sharing economy last year. In a survey of nearly 4,500 U.S. adults, most respondents had not even heard about the most cutting-edge, media-hyped sharing companies. Only a third of Americans were familiar with brands like Airbnb and TaskRabbit, while even fewer – 1 in 5 – were aware of companies like “Netflix for Legos” Pley and parking space rental service Park At My House (now Just Park). Moreover, 3 out of 4 Americans said they hadn’t even heard of the terms “sharing economy,” “conscious consumption” or “mesh economy” – despite the concept being featured in more than 4,000 articles and 3,800 publications in the last year, the report noted. When it comes to engagement in the sharing economy, more than 50 percent of Americans tend to participate with more traditional methods of sharing, as well as the more established digital avenues – rather than taking advantage of the most radical services like Uber and Airbnb. The most common sharing behaviors include using Wikipedia (72 percent); reading user-generated product reviews online (68 percent); donating clothes and household goods to charity (68 percent); loaning or borrowing a product to a friend or family member (64 percent); buying food from a farmers’ market (54 percent); and renting a movie from Netflix or a cable/satellite provider (51 percent).
1/27/2015TransportationSafety, Adoption, DUIUSAUberYesShow Me the Way to Go Home: An Empirical Investigation of Ride Sharing and Alcohol Related Motor Vehicle Homicide Abstract:
In this work, we investigate how the entry of the driving service Uber influences the rate of alcohol related motor vehicle homicides. While significant debate has surrounded the entry of driving services like Uber and Lyft, limited rigorous empirical work has been devoted to uncovering the social benefits of such services (or the mechanism which drives these benefits). Using a difference in difference approach to exploit a natural experiment, the entry of Uber into markets in California between 2009 and 2013, findings suggest a significant drop in the rate of homicides during that time. Furthermore, results suggest that not all services offered by Uber have the same effect, insofar as the effect for the Uber Black car service is intermittent and manifests only in selective locations. These results underscore the coupling of increased availability with cost savings which are necessary to exploit the public welfare gains offered by the sharing economy. Practical and theoretical implications are discussed within. Oreilly
1/30/2015FreelancersUsage, Awareness, Attitudes, SpendingUSAFreelancers, Elance, OdeskThe lack of attention to solo business owners is shocking. About 53 million Americans now work as one-man or one-woman bands in the “contingent” economy as freelancers, contractors, temps or part-timers, by the Freelancers Union’s count. And more businesses are relying on these flexible workers. In a new report, Elance-oDesk–one of the larger freelance marketplaces–found that U.S. businesses spent $604 million hiring freelancers through its platform in 2014, up 30% year-over-year since 2013. People of all levels of professional skill now rely on freelance work. The most in-demand skills on Elance-oDesk include mobile technology, sales and marketing, administrative support, and writing and translation.
1/30/2015TransportationAdoption, AttitudesGlobalUberThere are many lessons to be learned from Uber, the taxi- and car-hailing start-up that came out of nowhere and is valued at $41 billion. Less than three years ago, Uber had zero drivers. Now it has more than 160,000 active drivers who have collected $656.8 million in net fares (net of what they pay Uber).
1/30/2015TransportationSafety, AdoptionGlobalLyftYesAn analysis of the safety regulations governing vehicles for hire does not suggest that ridesharing companies ought to be more strictly regulated. It does highlight, however, that in many parts of the country lawmakers and regulators have not adequately adapted to the rise of ridesharing, which fits awkwardly into existing regulatory frameworks governing taxis. Gates
1/30/2015TransportationAdoption GlobalLyft, Uber"The San Francisco-based ride-sharing company said Tuesday that its revenue and number of rides rose five times in 2014, with the startup reaching profitability in its most established markets such as San Francisco." and " An Uber representative said the San Francisco-based company is growing and is "proud that because of the scale of our business - we delivered 140 million rides worldwide in 2014—we can make a real difference in communities.''
1/30/2015TransportationAdoption USALyftLOS ANGELES -- Uber may be the leader in the ride-hailing industry, but in a move that shows it can also play with the big boys, competitor Lyft announced at a Tuesday night event it is growing 500 percent a year in ride count and revenue. And, according to company co-founder John Zimmer, "we're gaining market share on Uber."
2/1/2015TransportationAttitudesEuropeAs it stands, nearly 50% of Europeans believe that, within a decade, cars will be consumed as a “shared” good, instead of privately owned, and 73% predict the rapid growth of car-sharing services.
2/1/2015TransportationAttitudesFrenchYesStats in French, on attitudes of sharing cars, see Google Translate link here:
2/2/2015AllStrategyGlobalYesPWC issues a large report about the five successes in the sharing economy
2/10/2015TransportationEfficiencyUSAUberYes"Your Money More: Uber San Francisco Cost Of Living
Ditching my car for Uber saves me over 6 days of time and $11,000 a year"
2/10/2015AllAttitudesUSA"According to Pew Research, only 19% of Millennials believe most people can be trusted, while 31% of GenX’ers do. If the future is a peer-to-peer marketplace, it will require increasingly reliable, innovative ways to identify those peers. Making sure this emerging economy has high standards and strong values will allow it to continue to expand."
2/15/2015TransportationEarningsUSAUberUber driver makes $250,000 by selling jewelery to his passengers. Voss
2/16/2015AllAttitudesEuropeAs it stands, nearly 50 percent of Europeans believe that, within a decade, cars will be consumed as a “shared” good, instead of privately owned, and 73 percent predict the rapid growth of car-sharing services. BlaBlaCar, Europe’s leading car-sharing service, now transports more passengers monthly than Eurostar, the high-speed rail service connecting London with Paris and Brussels. And the better-known service Uber is causing panic among taxi companies worldwide. Despite recent controversy, the company, founded in 2009, is valued at more than $40 billion.
2/18/2015TransportationEfficiency, AttitduesUSAUber, LyftYesRide sharing is cheaper than owning a car, by a Texas experiment. Also includes satisfaction numbers, wait times, and more. $113 a month saved from Ride Sharing
2/20/2015AllAttitudesYesThe first of its kind to capture the P2P service provider's point of view, the study was grounded in 68 "semi-structured" interviews with users and providers representing 43 different services, including both for-profit and non-profit organizations. The user group of 45 individuals included those at both ends of the exchange (accommodation-rental hosts, for instance, as well as renters).
2/21/2015TransportationMarket Impact, Earnings, DisruptionUSAUber, LyftYesVarious stats demonstraing how Uber and Lyft are "Nightmares" for Taxis. Price of medallion, earnings, growth forecasts Gansky
2/21/2015Services, PersonalEarningsUSA, UKTaskrabbit"The company started with an auction model similar to eBay and, like that much larger group, it has created a new category of employment, with one 10th of its taskers now operating on TaskRabbit full-time and earning an average of £3,500 a month in the UK." and, “We used to see people take home an average of $5,000 a month [in the US], but that has grown to $7,000 a month.” Gansky
2/22/2015TransportationActivityGlobalUber In a sign of the rise of Uber as a mode of transportation, traffic to its website reached 3.2 million unique visitors in the United States during January, up 740% from January 2014. However, traffic has peaked for the time being. Perhaps the extraordinary rise in Uber’s core business of connecting riders to cars has leveled as well. Or Uber may be using other means to drive its business.
2/25/2015SpaceActivityGlobalAirbnb"Paris is Airbnb's largest city in terms of hosts and guests, followed by NY."Doug Atkins of Airbnb at the Collaboartive economy conference
2/27/2015Health & WellnessRevenuesClassPassClassPass is tracking to a $60 million revenue run rate for 2015, a run rate that has doubled in the past three months. Last week alone, the company brought in $1.5 million and this month will exceed $5 million in top line revenue, all due to the 600,000 reservations made by ClassPass users over the course of February.
2/27/2015AllMarket SizeUSAOn the whole, a better choice might be the "gig economy," which emphasizes the types of jobs being created by these new online marketplaces: contingent, part-time gigs that offer flexibility and variety but not the regular hours, benefits, or protections of traditional employment. Some 53 million Americans -- 34 percent of workers -- are freelancing to make a living, and that share is expected to grow to 40 percent by 2020.
3/1/2015AllMarket Impact, Earnings, DisruptionGlobalMultipleYesPiper Jaffray report: "In the course of this report we aim to do the following: 1) outline the sharing economy’s fundamental enablers and secular drivers, 2) introduce the reader to several sub-sectors of the sharing economy, and 3) examine the impact to existing businesses. The sharing economy is now something broadly known and its implications seem to be ever-increasing beyond the historic ridesharing and accommodations marketplaces." Gorenflo
3/3/2015TransportationSecurityGlobalUberSeparately, Uber is also taking some heat after announcing Friday that it was hit by a data breach impacting about 50,000 drivers in May 2014. The company said that it has been investigating the matter since September 2014, and that while the breach exposed some drivers' names and license numbers, the information has not been used maliciously, to its knowledge.
3/5/2015GoodsRevenues, AdoptionGlobalEtsyEtsy filed for a $100 million initial public offering on March 4. The company will trade on the Nasdaq under the symbol ETSY.

The Brooklyn-based company reported revenue of $195.6 million in 2014, up 56% from $125 million in 2013. Its losses increased to $15.2 million in 2014, up from $796,000 the year prior.
In its filing, Etsy said the site had 1.4 million sellers and 19.8 million buyers as of the end of 2014. 86% of its sellers are women. More than 11% of sellers have been selling on Etsy for more than four years. 36% of purchases are made on a mobile device.
3/6/2015TransportationMarket Impact, Earnings, DisruptionUSAGetaroundNYU: As summarized in Table 5, consumers enjoy positive welfare e ects as access to peer-to-peer markets
increases. In our baseline case, consumer surplus gains rise by 0.8% at an access level of 25%, and
by 3.1% at an access level of 100%. Consistent with our prior results, the gains are greater for higher
levels of access and greater marketplace liquidity. G and Sundararajan
3/9/2015TransportationAdoptionGlobalGlobal Number of Car Sharing Users to Reach 650 Million by 2030 Nelson, Albert Cañigueral
3/16/2015TransportationEarnings, Growth, Revenues, AdoptionUSALyftThis year Lyft is targeting nearly $1.2 billion in gross revenues, of which its take will be around $300 million net. That assumes between 20 and 25 percent commission for the rides it books, depending on whether they are from its classic Lyft offering or Lyft Line, a newly launched shared-ride service that is 40-60 percent cheaper.

The projections show continued growth in its original service as well as accelerated adoption for Lyft Line. The classic Lyft offering is forecast to generate more than $250 million in 2015, while Lyft Line is expected to contribute nearly $40 million by year-end.

In 2016, Lyft expects its revenues to more than double. It’s targeting $2.7 billion in gross sales, which is expected to result in nearly $700 million in net revenue. Of that, $550 million is forecast to come from its traditional Lyft offering, with Lyft Line growing to about $140 million in net sales.

That revenue growth is driven by an increase in the number of rides and passengers that Lyft serves. By the end of 2015, Lyft expects to do nearly 13 million rides per month, which is up from about 2.5 million at the start of the year. Altogether, the company is targeting nearly 90 million rides in total for 2015, which it expects to more than double to 205 million in the year following.
3/17/2015AllMarket Impact, Earnings, Disruption, AdoptionGlobalManyYes"The Sharing Economy has now become the growth sector to invest in. It’s growing at an incredibly fast rate, faster than Facebook, Google and Yahoo together. This new market is valued at $15 billion1 in its first 7 years, compared to the combined growth of Facebook, Google and Yahoo of $11 billion2 over a comparable period."
3/17/2015TransportationROI, Sustainabiltiy, SavingsUSALyft, BikeSharing, Uber, SidecarYShared-use mobility includes carsharing, personal vehicle sharing (or peer-to-peer (P2P) carsharing), bikesharing, scooter sharing, shuttle services, ridesharing, and on-demand ride services. It can also include commercial delivery vehicles providing flexible goods movement. Shared-use mobility has had a transformative impact on many global cities by enhancing transportation accessibility while simultaneously reducing ownership of personal automobiles. In the context of carsharing and bikesharing, vehicles and bicycles are typically unattended, concentrated in a network of locations where the transaction of checking out a vehicle or bicycles is facilitated through information technology (IT) and other technological innovations. Usually, carsharing and bikesharing operators are responsible for the cost of maintenance, storage, parking, and insurance/fuel (if applicable). In the context of classic ridesharing (carpooling and vanpooling) and on-demand ride services, such as transportation network companies (TNCs), many of these providers employ IT to facilitate the matching of riders and drivers for trip making. Susan Shaheen, PhD,
3/18/2015TransportationAdoptionUSAUberTaxis, in terms of quantity, Uber drivers take over NYC Taxis: "with 14,088 black and luxury vehicles versus 13,587 taxis. It's not hard to see why the ridesharing service has grown so quickly since its arrival in 2011,"
3/31/2015GoodsValuation EtsyThe company intends to sell 13.33 million shares at a price of $14 to $16, with an over-allotment of 2.5 million shares, plus an additional 3.33 million being sold by selling shareholders, for a total aggregate dollar amount of $307 million, of which the company expects to net out $181.8 million in proceeds.

Etsy, founded in New York City’s borough of Brooklyn in 2005, is a “marketplace where people around the world connect, both online and offline, to make, sell and buy unique goods,” it says, with the original focus on hand-made goods.

Most of the financial details in the filing appear to be unchanged from what was first put forth in the March 1st filing.

The company had revenue of $195.6 million in 2014, up from $125 million a year earlier, on which it enjoyed a 62% gross profit margin. The company had operating expenses of $128.2 million, leading to a net loss of $15 million, up from a $796,000 loss the year prior.
3/31/2015MoneyAdoption, Marketcap[USAProsper"Total Addressable Market Estimated at “Just Under” $3 Trillion
Prosper, one of the leaders in the ‘marketplace’ or peer to peer lending space, had a great month. March will be a record “by far” as it easily beats $200 million in aggregate loan originations pushing it past a total of $3 billion in loans. Ron Suber, President of Prosper, was elated on passing this milestone;Ron Suber talks

“Our industry is entering a period of escape velocity……and proof is in the numbers. It took Prosper 8 years to reach $1 billion in aggregate loans…..then six months to reach the second $1 billion and less to reach the third $1 Billion”. Gansky
4/1/2015SpaceAdoption, DemographicsUSAAirbnb"Travel Habits of Millennials: Airbnb Least Used for Accommodations, for Now" The topline answer from the Skift survey: Airbnb is the least used accommodation for the American millennials, only 3.7 percent of them said they stayed in an Airbnb during their last personal trip. This could be spun either way: either the hype doesn’t match reality, or that Airbnb is just getting going and there is tons of growth left for it. The hotel industry still has a long lead over other options, with almost 40 percent of millennials saying they used a hotel during their last trip. And hostels, which are potentially more-direct competitor of Airbnb-type accommodation, are still more popular than the sharing economy.
4/2/2015MoneyAdoption, MarketCapGlobalKickstarter, GofundmeYesCrowdfunding Nearly Tripled Last Year, Becoming a $16 Billion Industry. In 2014, companies and individuals across the globe raised $16.2 billion through crowdfunding, according to a report released today by industry research firm Massolution. That’s a 167-percent increase from 2013, when $6.1 billion was raised. On the heels of a record year, crowdfunding is projected to lap itself again. This year, the industry is expected to generate $34.4 billion, according to the report.
4/3/2015Services, PersonalValuationUSAShypSources: Shyp Is Raising $50 Million At A $250 Million Valuation: "Prior to this round, Shyp had raised a total of $12.1 million, including a $10 million round in July last year. The previous round was led by Shervin Pishevar and Scott Stanford’s SherpaVentures. For a startup like Shyp, extra capital helps to expand to new cities — it’s currently available in Miami, New York and San Francisco"
4/4/2015MoneyAdoption, Revenues GlobalLendingClub Prosper TiltYesCrowdfunding platforms raised $16.2 billion last year. Which sectors pull in the crowds?
4/4/2015AllAdoption, Revenues, MarketCap GlobalManyYes7% of the US population are already providers in the sharing economy.
57% of consumers agree "access is the new ownership."
81% agree it's less expensive to share goods than to own them individually.
72% of consumer agree “I could see myself being a consumer in the Sharing Economy in the next 2 years."
19% of the US adult population has engaged in a sharing economy transaction.
The global revenue from “sharing economy” companies, according to the report, is estimated at $15 billion, and that figure’s projected to increase to approximately $335 billion by 2025 Ray
4/7/2015TransportationAdoption, RevenuesUSAUber"Teling: "Uber accounted for 47 percent of all rides expensed by employees..."
4/7/2015TransportationAdoption, Revenues, DisruptionUSAUberYesAdditional data on Uber disrupting taxis, with a breakdown per popular american city
4/8/2015VariousAdoptionUKThis generation of savvy consumers has led to 47% of us renting or sharing goods and services, generating an average annual saving of £531.10 a person, according to a report by car-sharing service Zipcar [pdf].
4/8/2015VariousMarketCapUKStill, despite these pressures, the sector is expected to boom. Research from PWCfound that the sharing economy in the UK could be worth around $15bn (or £9bn) in 2025.
4/10/2015TransportationBreak Even AnalysisUSAUberUber is cheaper than taxis in most American cities, save NY. Data on when surge pricing is more expensive than taxis.
4/12/2015TransportationAdoptionIndiaUberSuccess in the country is critical for Uber. India is the company’s second-biggest market in terms of cities where it operates—after the U.S.—and the country’s low rate of car ownership (about 24 cars per 1,000 people) presents Uber and others like it with a huge opportunity.

Ride numbers in the 11 Indian cities where Uber operates have grown consistently at more than 40% month-to-month, said the company’s Mr. Singhal. Such growth is “pretty much unprecedented” for Uber globally, he said.
4/15/2015TransportationAdoptionEuropeBlaBlaCarAfter these two deals, BlaBlaCar now has 20 million members in 18 markets mostly in Europe — India was the company’s first expansion beyond Europe. In October, BlaBlaCar CEO Frédéric Mazzella told me that the company arranges 2 million rides per month.
4/15/2015TransportationAdoptionIndiaOlaRelated to that, Ola has set an ambitious target to reach 1 million drivers on its platform within the next three years. Currently the service has over 100,000 drivers, having grown that number from 10,000 one year ago.
4/15/2015TransportationAdoptionSFUberIn the nine-county Bay Area, more than 20,000 people now drive for Uber, the San Francisco company said Tuesday. The number has more than doubled in a year.
4/15/2015TransportationAdoptionSFUberVarious stats on riders adoption and more.
4/16/2015GoodsValuationGlobalEtsyFollowing a roadshow that took off at the end of March, the final price estimate before trading puts the Brooklyn-based company at a valuation of approximately $1.8 billion. NASDAQ: ETSY
4/16/2015GoodsAdoption, Earnings. RevenuesGlobalEtsyEtsy boasts more than 1 million active sellers, with access to 19.8 million active buyers on the site. And the company says it has achieved just shy of $2 billion in gross sales last year, with buyers or sellers in nearly every country. They featured the cheese boards on Etsy, and orders poured in. During the holiday season, sales can hit six figures a month. The couple haul in $25,000 to $45,000 in revenue a month. "We really like the idea of people making stuff on their own," Stringer-Mowat said.

Here's how Etsy works. Setting up a virtual shop on the site is free. But listing products costs 20 cents each for four months or until the goods sell, and then Etsy pockets 3.5 percent of each sale.
4/18/2015TransportationDemographics, attitudeUSAZipcaryesZipcar's interpretation of this is that non-millennial city-dwellers are millennial-like (which makes urban millennials uber-millennial). Another way to look at it is that many of the preferences we attribute to millennials' age may ultimately have more to do with where they live.
4/18/2015CryptoAdoption, ValuationGlobalBitcoinYes22 nations around the globe are now home to a VC-backed bitcoin startup. However, your best bet raising funding is still in North America – Silicon Valley, to be precise.

This quarter the US and Canada received 73% of all bitcoin funding (a figured that includes Coinbase and 21 Inc’s mammoth rounds). However, the 103 startups in Silicon Valley saw their share of all-time bitcoin funding rise from 45% to 59%.

They also scored 87% of the quarter's funding – despite the fact they only made up 29% of total bitcoin startups around the world.

Funding for US bitcoin companies is nearing the $500m mark, while its next competitor, the UK, is yet to reach $100m. At the bottom of the table for Q1 was Africa, with $1.1m invested in one startup, remittance platform BitPesa.
4/20/2015Services, TransportationWorkforce, Independent, Freelancer Worker, AdoptionUSAYesEarnings, benefits, and measures of poverty of contingent workers also differ from those of standard full-time workers. Contingent work can be unstable, or may afford fewer worker protections than standard work, depending on a worker’s particular employment arrangement. As a result, contingent work tends to lead to lower earnings, fewer benefits (such as retirement plans and health insurance), and a greater reliance on public assistance. Accounting for other factors that affect earnings, contingent workers earn less than standard workers on an hourly, weekly, and annual basis. GAO found that contingent workers earn about 10.6 percent less per hour than standard workers. Differences in earnings vary by industry and occupation. For example, contingent workers in the education industry earned significantly less annually, weekly, and hourly than similar standard workers, while in the construction industry only the difference in annual earnings was statistically significant. GAO also found that contingent workers are about two-thirds less likely than standard workers to have a work-provided retirement plan and less than half as likely to have work-provided health insurance. Reder
4/22/2015Services, TransportationAdoption, AttitudesOdesk, Elance, Ebay Amazon.YesReport says 9% of Independent Workers use On Demand Economy. about 2.7 million American independent workers report using at least one on-demand economy platform or marketplace as a source of work or income.The study defined the on-demand economy as including:online product marketplaces provided by firms such as EBay, Amazon and Etsy and others (Craigslist was excluded).
Online talent marketplaces such as, Elance - oDesk, and others
Sharing economy platforms and marketplaces such as Uber, Lyft, Airbnb, TaskRabbit and others
The online product platforms were most popular, with about 2.2 million U.S. independent workers reporting using them to generate income over the past year.

The online talent marketplaces came in second, with about 900,000 using them to generate work and the sharing economy platforms came in 3rd, with about 500,000 using them. The majority of on-demand economy workers said they worked part-time (83%) and most (63%) said they did this type of work to supplement their income. Independents working in the on-demand economy report strong satisfaction levels with 79% reporting they are either highly satisfied (61%) or satisfied (18%) with their work.Only 9% reported being dissatisfied. As the report chart below shows, almost half of those reporting working in the on-demand economy are millennials (ages 21-33). Haroon Haq
4/23/2015VariousAdoptionNederlands, HollandYesVarious Stats on Dutch sharing adoption, in Dutch Charles
4/26/2015TransportationEarningsUSAUber, LyftNoAccording to the research:

56% of people who work in the on-demand economy through online platforms report total earnings of $40,000 or less. For independent workers who do not participate in the on-demand economy, 46% are in this income range. This income figure includes what they earn from all sources of income, combined.
36% of on-demand workers report total earnings of $25,000 or less, compared to 22% of those who work outside of platforms
17% of on-demand workers bring in $75,000 or more, compared to 28% of free agents who work outside the platforms.
Eighty-three percent of respondents said they work part time on the platforms, not full-time, and 68% view it as a source of extra money.
4/30/2015MoneyAdoption and RevenuesUKP2P lendingP2P lending tops £2bn

The peer-to-peer lending industry has now issued loans worth a cumulative £2.6bn, according to its trade body.

New figures from P2PFA also show that peer-to-peer platforms lent more than £459m in the first quarter of 2015, an increase of almost a third from the previous three months.

The combined net lending flow also exceeded £255m from January to March this year. These figures follow data by the P2PFA showing its members lent over £1.2bn alone in 2014. Gansky
4/30/2015TransportationROI LALyft, UberLong analysis of ride sharing vs driving, by a single passenger with a small ROI. "So, the bottom line here is that, as far as I can tell, I saved $89 because my friends gave me $83 in free rides. Without that, I basically saved $6."
4/30/2015TransportationAdoption, Spending, Revenues, BurnRate, RegulationUSALyft Unverified data: "Lyft spends more than 60% of its revenue on marketing. According to the document, Lyft says it expects to spend 60.5% of the company's revenue on marketing spend in December 2015. The company says it spends $530 on marketing to "each driver and 22 passengers" in its headquarter city of San Francisco. Lyft says it takes roughly 9 months to recoup that $530.
However, all that marketing spending has been paying off. The company says its ridership grew 4x in 2014. In December, the company delivered 2.2 million rides.
In 2014, Lyft says it booked $130 million in revenue. That's combined net revenue from its ride-hailing service Lyft Classic and gross revenue from its ridesharing service Lyft Line in December 2014. Lyft is projecting $796 million in revenue for 2015.
Besides growth in revenue, Lyft says it's seeing crazy growth in both ridership and drivers. Lyft reported 400 drivers and 40,000 rides in December 2012, 7,000 drivers and 488,000 rides in December 2013, and 51,000 drivers and 2.2 million rides in December 2014.
Lyft currently isn't profitable, according to the presentation. But soon it could be: "The company increased its share of each fare from 6.7 percent in July 2014 to 25.7 percent in December, the document says. The increase is expected to be less dramatic this year, reaching 26.2 percent in December 2015, according to the company's forecast."
Lyft has some choice words for Uber. The company's presentation describes Uber as having an "anti-social culture" with an "exclusive mentality."
In 2012, 9,000 people every month were hailing Lyft rides on the app. In 2014, that number grew to 631,000.
Lyft is making progress with regulation, a new battle for ride-hailing startups. In the presentation, Lyft says in 2014 it helped create 28 new regulations in 6 states.
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