Sharing is Caring

This App Lets You Scalp Your Dinner Reservation

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It used to be that if you wanted to start an underground cronut delivery racket, you’d have to do it through craigslist. But now there’s Shout, an app where you can find not only cronuts at the insane price of $30 a pop, but reservations and tickets for top restaurants and shows in NYC.

Shout is a marketplace for “spots,” which just means any commodity attached to your name: a train ticket, a place on a line, or a dinner reservation. If you’ve put down your credit card for a reservation, or can’t get a refund on a ticket, you’d hop on Shout to see who wants it.

The app was inspired by a hypothetical question the cofounders had on their way to an airport: how much would it cost to convince someone to give up their seat on a plane? Read More

Letter From San Francisco

The New Share Economy is Making Us All Better People

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SAN FRANCISCO — The reputed inventor* of the modern Mission burrito – the Chicano food tube that’s sustained entrepreneurial San Franciscans from the 1849 Gold Rush through both dot com booms, has a problem. Judging by Yelp, the historic Mission eatery has been coasting along more on tradition than taste. Even OG’s aren’t impervious to the brash rules of the review economy, thus a beleaguered La Cumbre rep toils online, addressing their poor reviews one by one. Read More

Mi Casa Es Su Casa

Huh, Airbnb CEO Says Airbnb Hosts in New York City Make ‘An Average’ of $21K

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At the Digitial Life Design conference in Munich today, Airbnb CEO Brian Chesky gave a talk about the “sharing economy,” another way of describing the peer-to-peer ecosystem that Betabeat has been closely following. In the talk, Mr. Chesky placed Airbnb in the third-wave of the internet. After e-commerce and social connectivity, this new wave is about using online platforms to share online experiences. According to Mr. Chesky, this wave, which could include companies like Skillshare, TaskRabbit, and Zaarly, can also be unexpectedly lucrative.

Take New York City, for example, where Mr. Chesky said you can “literally” find an Airbnb on every single block in the city. (Currently there are 10,068 listings in New York.) As TechCrunch reports, on stage, Mr. Chesky said, “Airbnb hosts in NYC make $21,000 a year on average, and some even up to $100,000 a year, which I think everyone would agree is a decent chunk of cash for anyone.” Read More