Online cooperativism: for a real sharing economy
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
Curated by
jean lievens
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Airbnb is said to have closed a $475 million round of financing from a group led by TPG Growth that values the home-sharing company at about $10 billion, Michael J. de la Merced writes in DealBook. At the value assigned by the investment, Airbnb — a website and app where homeowners and apartment dwellers rent their homes, spare rooms or couches to travelers — would be worth more than some established hotel chains like Wyndham Worldwide or Hyatt. 
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It hasn’t been a great week for Airbnb. On Tuesday representatives of New York State Attorney General Eric Schneiderman and lawyers for the apartment sublet company Airbnb met in an Albany court. At issue is a broad subpoena issued by the New York AG last fall, demanding that Airbnb turn over information about its “hosts” (those who list their apartments) in the belief that thousands of them are in violation of the law by acting as de facto unregistered hotels. Airbnb has challenged the subpoena on the grounds that it constitutes an invasion of privacy of the thousands of people who use its service. Then, on Wednesday, the San Francisco city attorney brought suit against two local landlords, alleging that they illegally evicted residents in order to convert residential housing into short-term rentals advertised on Airbnb and similar services.
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There are online services that allow people to rent space in other people’s apartments and services to let them take a drive in other people’s cars, but renting office space still almost exclusively requires hiring a broker who can negotiate a deal with another broker.
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