Video

The Sharing Economy (Part 1)

Here at Coride, we are founded on the principles of this thing called the sharing economy.

Global thinker and social innovator Rachel Botsman similarly articulates this new era as the “collaborative economy”.  In her TED Talk (view below), Botsman claims that because consumers are utilizing network technologies as never before, goods and services are being shared and exchanged on an unprecedented scale.  Thus, social-networking has gravitated towards service-networking.

This is not only an economic system, but a social one as well. Botsman cites several successful startups who exemplify this concept, the “people-powered marketplace”.   Check out TaskRabbit, Airbnb, and Lyft.

So, how exactly does the sharing economy and its collaborative consumption apply to Coride?

We streamline the process of ridesharing in the 21st century, using web and mobile app platforms.  We get people where they need to go.   Reiterating the people-powered marketplace, we let drivers set their own prices, while passengers end up paying less than they would for other modes of transportation.

Everyone benefits, especially the environment.

What Airbnb is to empty rooms in your house, Coride is to empty seats in your car.