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How the Internet Economy Changes the Rules, with Robin Chase

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How the Internet Economy Changes the Rules, with Robin Chase

Global Peter Drucker Forum,

5 min read
5 take-aways
Audio & text

What's inside?

What factors allow “capacity sharing” businesses like Zipcar and Airbnb to succeed?

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Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

The global economy is undergoing upheaval. As the business terrain shifts, wouldn’t you like an experienced guide to help you negotiate the new collaborative economy? If so, you’ll enjoy this talk by Zipcar co-founder Robin Chase, who not only has succeeded in leveraging the new business milieu but has researched the factors that make her success replicable. Allow Chase to provide some helpful hints on how to monetize your excess capacity. getAbstract recommends her presentation to entrepreneurs and investors wishing to gain a foothold in the collaborative economy.

Summary

In 2000, Robin Chase co-founded Zipcar under a new business paradigm: “Peers Inc.” This model harnesses collaboration between individuals with “excess capacity” – “something that already exists, that’s already been paid for, but there is more value there” – and corporations that build platforms of participation to leverage latent capacity. This idea is reshaping capitalism. The bed-sharing industry illustrates the huge commercial potential of the model: It took InterContinental Hotels Group, the world’s largest hotel company, 65 years to grow to 640,000 rooms. After just four years, Airbnb had amassed 650,000 rooms.

About the Speaker

Transportation entrepreneur Robin Chase is a co-founder and former CEO of Zipcar.


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