What's Next for the Sharing Economy? With successes such as Uber and Airbnb, peer-to-peer businesses are here to stay.
By Matt Villano •
This story appears in the December 2014 issue of Entrepreneur. Subscribe »
Have you heard the one about the Silicon Valley executive who went all-in on the sharing economy? First the guy sold his BMW and opted to take Uber to and from work every day; then he converted his empty garage into an apartment that he rented out on Airbnb.
It doesn't matter whether this tale is true (many believe it is); the mere fact that it exists indicates that the sharing economy has arrived in a big way.