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Sharing Economy

Categories: Econ

Uber is it. Lyft is it. Peer-to-peer lending is it. We have things for which we spent our own hard-earned capital. We then monetize them, or "share them for a little fee" with others. Boatsetter does this with boats. We'll soon have one for airplanes. Maybe spaceships? Hope so.

Sharing really is caring, especially when the company can go public and be worth billions of dollars.



Find other enlightening terms in Shmoop Finance Genius Bar(f)