Renting Prosperity “Americans are getting over the idea of owning the American dream; increasingly, they’re OK with renting it… Across the board—for goods ranging from cars to books to clothes—Americans are increasingly acclimating to the idea of giving up the stability of being an owner for the flexibility of being a renter.” Read the full article here.
View Separately

Renting Prosperity

“Americans are getting over the idea of owning the American dream; increasingly, they’re OK with renting it… Across the board—for goods ranging from cars to books to clothes—Americans are increasingly acclimating to the idea of giving up the stability of being an owner for the flexibility of being a renter.”

Read the full article here.

RentStuff.com’s Chris Jaeger on Chicago’s Appeal for Relocating Startups Last week, RentStuff.com Co-Founder Chris Jaeger uprooted his online community marketplace for rental goods business from Nashville and came to Chicago. It’s clear to see why: RentStuff.com snagged a spot in 1871, the new tech co-working space that opened this week in the Merchandise Mart. Read the full interview on NBC here. Source: http://www.nbcchicago.com/blogs/inc-well/RentStuffcoms-Chris-Jaeger-on-Chicagos-Appeal-for-Relocating-Startups-150034115.html#ixzz1uD8NqTUk
View Separately

RentStuff.com’s Chris Jaeger on Chicago’s Appeal for Relocating Startups

Last week, RentStuff.com Co-Founder Chris Jaeger uprooted his online community marketplace for rental goods business from Nashville and came to Chicago. It’s clear to see why: RentStuff.com snagged a spot in 1871, the new tech co-working space that opened this week in the Merchandise Mart. Read the full interview on NBC here.


Is Gen Y embracing collaborative rather than individual consumption? Paul Zak, founding director of the Center for Neuroeconomics Studies at Claremont Graduate University, has shown through his research that people get a spike of the pleasant neurotransmitter oxytocin when they’re entrusted with another person’s goods. “We’re gregariously social creatures, and one way we an exhibit that sociability is by sharing our things,” he says. Read more here.
View Separately

Is Gen Y embracing collaborative rather than individual consumption?

Paul Zak, founding director of the Center for Neuroeconomics Studies at Claremont Graduate University, has shown through his research that people get a spike of the pleasant neurotransmitter oxytocin when they’re entrusted with another person’s goods. “We’re gregariously social creatures, and one way we an exhibit that sociability is by sharing our things,” he says. Read more here.

Source: psychologytoday.com

Check out FinSMEs interview with Chris Jaeger, CEO of RentStuff.com. In the interview, Chris discusses the service, the team and future plans. Read the full story here.
View Separately

Check out FinSMEs interview with Chris Jaeger, CEO of RentStuff.com. In the interview, Chris discusses the service, the team and future plans. Read the full story here.

RentStuff.com, a Leader in the Peer to Peer Rental Industry, Secures Funding and Plans for Expansion Yahoo! News published RentStuff.com’s first press release. In the release, CEO Chris Jaeger mentions that the funding is “vital to growing our presence in large cities across the US” and enables the company to “expand our current rental platform to support the innovations demanded by our rapidly growing user base.” Jaeger highlights the fact that the site provides “a great value proposition in touch economic times,” because people can make “a significant amount of extra money” by renting out items currently unused while saving “considerable cash” by avoiding purchases for seldom used goods. Read the full press release on Yahoo! News.
View Separately

RentStuff.com, a Leader in the Peer to Peer Rental Industry, Secures Funding and Plans for Expansion

Yahoo! News published RentStuff.com’s first press release. In the release, CEO Chris Jaeger mentions that the funding is “vital to growing our presence in large cities across the US” and enables the company to “expand our current rental platform to support the innovations demanded by our rapidly growing user base.” Jaeger highlights the fact that the site provides “a great value proposition in touch economic times,” because people can make “a significant amount of extra money” by renting out items currently unused while saving “considerable cash” by avoiding purchases for seldom used goods. Read the full press release on Yahoo! News.

Source: http

VentureBeat: RentStuff, a rental site for neglected possessions, nabs $600K (exclusive) The round of funding was led by Nashville-based early-stage investment firm Solidus Company, with participation from Angel Investor Management Group and a small group of angel investors. RentStuff also received funding from startup accelerator JumpStart Foundry in 2011. Read the full article here: http://venturebeat.com/2012/04/16/rentstuff-a-rental-site-for-neglected-possessions-nabs-600k-exclusive/
View Separately

VentureBeat: RentStuff, a rental site for neglected possessions, nabs $600K (exclusive)

The round of funding was led by Nashville-based early-stage investment firm Solidus Company, with participation from Angel Investor Management Group and a small group of angel investors. RentStuff also received funding from startup accelerator JumpStart Foundry in 2011.

Read the full article here: http://venturebeat.com/2012/04/16/rentstuff-a-rental-site-for-neglected-possessions-nabs-600k-exclusive/

How the Sharing Economy Is Helping Small Businesses Thrive

“Used wisely, these collaborative consumption companies can nearly delete the risk of starting a new business venture. Any founder that participates in her local sharing economy enters into a supportive network of people who want to see her succeed.”

San Francisco: Airbnb Must Pay Hotel Tax “Airbnb, the San Francisco online home rental service, and companies like it are responsible for paying the city’s hotel tax, San Francisco’s treasurer ruled Tuesday, a decision that seems certain to ripple through Mayor Ed Lee’s efforts to promote a technology-led “sharing economy.” Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/04/03/BA621NUAMI.DTL#ixzz1r6daRed5
View Separately

San Francisco: Airbnb Must Pay Hotel Tax

“Airbnb, the San Francisco online home rental service, and companies like it are responsible for paying the city’s hotel tax, San Francisco’s treasurer ruled Tuesday, a decision that seems certain to ripple through Mayor Ed Lee’s efforts to promote a technology-led “sharing economy.”

Shareable: Breaking: San Francisco Announces Sharing Economy Working Group

“Though yet to be constituted, San Francisco’s Sharing Economy Working Group may be a model for other cities to emulate. It will include a diverse stakeholder group including numerous city departments, neighborhood and community statekholders, and sharing economy companies.”

Help RentStuff.com help the Special Olympics! For every new account created with a Facebook-login, RentStuff will donate $3. Be sure to use this unique sign-up link: www.rentstuff.com/s/specialolympics For every new Facebook like, RentStuff will donate $1. Like us here: www.facebook.com/rentstuff The fundraiser ends 3/30 at 12 am. Spread the word so we can raise as much money as possible for this great cause!
View Separately

Help RentStuff.com help the Special Olympics!

For every new account created with a Facebook-login, RentStuff will donate $3. Be sure to use this unique sign-up link: www.rentstuff.com/s/specialolympics

For every new Facebook like, RentStuff will donate $1. Like us here: www.facebook.com/rentstuff

The fundraiser ends 3/30 at 12 am. Spread the word so we can raise as much money as possible for this great cause!