Airbnb officially bans all open-invite parties and events

Airbnb officially bans all open-invite parties and events

One month after Airbnb confirmed plans to verify all of its listings, the home-sharing giant has announced additional efforts to protect its hosts and guests. Airbnb will provide “clear and actionable enforcement framework” for scenarios including excessive noise, major cleanliness concerns, as well as unauthorized guests, parking and smoking. The Read more…

Airbnb to verify all of its listings

Airbnb to verify all of its listings

Following the death of five people at a Halloween party hosted at a California Airbnb rental, and a scathing Vice report outlining Airbnb’s failure to prevent nation-wide scams, the company says it will begin verifying all seven million of its listings. Airbnb properties will soon be verified for accuracy of Read more…

Airbnb’s WeWork problem

Airbnb’s WeWork problem

Airbnb may be another overvalued “unicorn,” but it’s no WeWork. The Information this morning reported new Airbnb financials — indicating a massive increase in operating losses — that immediately call Airbnb’s future into question. Precisely, Airbnb lost $306 million on operations on $839 million in revenue, namely as a result Read more…

Tastemakers raises $1.4M to sell Africa experiences to the world

Tastemakers raises $1.4M to sell Africa experiences to the world

New York based startup Tastemakers has raised a $1.4 million seed-round—led Precursor Ventures—for its business that connects Africa adventures to global consumers. Tastemakers’ platform curates, prices, and lists African travel and cultural experiences—from paragliding tours to wine-tasting to concerts. The startup generates revenues by taking a 20% commission on each Read more…

Local governments are forcing the scooter industry to grow up fast

Local governments are forcing the scooter industry to grow up fast

Gone are the days when tech companies can deploy their services in cities without any regard for rules and regulations. Before the rise of electric scooters, cities had already become hip to tech’s status quo (thanks to the likes of Uber and Lyft) and were ready to regulate. We explored Read more…

Peer-to-peer boat rental marketplace Boatsetter raises $10M as it looks to grow globally

Peer-to-peer boat rental marketplace Boatsetter raises $10M as it looks to grow globally

Obviously, not everyone owns their boat, and boat ownership is far more unique than car ownership – which makes it maybe an ideal category for peer-to-peer marketplace rentals. P2P boat rental startup Boatsetter recognized this opportunity, and is now announcing a $10 million Series A “extension” funding round to help Read more…

What happened to the sharing economy?

What happened to the sharing economy?

A few years ago, Silicon Valley couldn’t stop using a trendy buzzword — the sharing economy. The good old top-down economic model with a clear separation between service providers and clients was falling apart. And huge tech companies disrupted entire industries, from Airbnb to Taskrabbit, Uber, Etsy and Getaround. When Read more…

hellobike

Hellobike, survivor of China’s bike-sharing craze, goes electric

Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the streets of cities. Meanwhile, a new race has started for two-wheelers with motors — and one of the main players is a survivor from the bike-sharing Read more…