Peers Inc audiobook cover - How People and Platforms Are Inventing the Collaborative Economy and Reinventing Capitalism

Peers Inc

How People and Platforms Are Inventing the Collaborative Economy and Reinventing Capitalism

Robin Chase

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Economics

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Peers Inc
Collaborative Economy Foundation+
Growth and Management+
Funding Strategies+
Government Influence+
Corporate Adaptation+
Combating Climate Change+

Quiz — Test Your Understanding

Question 1 of 7
According to the book, what is the foundational concept that drives a successful collaborative economy?
  • A. Developing horizontal networks that strictly rely on top-down supply and demand economics.
  • B. Utilizing 'excess capacity,' which refers to owned items that are not being used to their full potential.
  • C. Manufacturing new, eco-friendly products that can be distributed globally through peer networks.
  • D. Eliminating private ownership entirely in favor of government-funded public utilities.
Question 2 of 7
What are the two essential actions a successful sharing platform must accomplish?
  • A. Secure private funding and aggressively market to international audiences.
  • B. Eliminate corporate competition and establish a monopoly over a specific service sector.
  • C. Identify excess capacity and provide the necessary hardware and software to make sharing easy.
  • D. Lobby for government subsidies and implement strict user rating systems.
Question 3 of 7
Why does the author recommend rolling out a sharing platform gradually rather than inviting everyone on day one?
  • A. To artificially inflate demand and create a sense of exclusivity among early adopters.
  • B. To ensure the platform has enough time to secure private funding before expanding.
  • C. To satisfy strict government regulations regarding new business launches in the tech sector.
  • D. To allow time for trial and error, maintain quality, and identify 'power players' who might exploit the system.
Question 4 of 7
Which of the following is highlighted as a major drawback of using private funding for a peer platform?
  • A. It requires the platform to give up all future profits to the government.
  • B. It prioritizes maximizing shareholder value, which can compromise the platform's original goals and decision-making power.
  • C. It forces the platform to rely exclusively on taxpayer dollars, which can be inconsistent.
  • D. It prevents the platform from utilizing crowdfunding campaigns in the future.
Question 5 of 7
How did strict governmental regulations inadvertently help the emergence of peer platforms like Uber?
  • A. By creating rigorous, time-consuming requirements for traditional services, leaving room for attractive alternatives.
  • B. By providing direct tax incentives to tech companies that developed ride-sharing applications.
  • C. By making it illegal for individuals to own private cars in heavily congested city centers.
  • D. By subsidizing the cost of GPS devices for all citizens, making navigation apps universally accessible.
Question 6 of 7
According to a 2014 study by Deloitte mentioned in the text, why were 'Network Orchestrators' valued two to four times higher than companies using other business models?
  • A. They successfully lobbied governments to eliminate carbon taxes on their products.
  • B. They built strong peer networks that allowed users to interact and boost each other's value.
  • C. They transitioned entirely away from physical retail spaces into purely digital storefronts.
  • D. They monopolized the excess capacity of their competitors by buying out smaller platforms.
Question 7 of 7
How do collaborative platforms like India's G-Auto help combat climate change?
  • A. By manufacturing electric vehicles specifically designed for peer-to-peer sharing.
  • B. By replacing traditional public transportation systems with privately funded fleets.
  • C. By implementing a mandatory carbon tax on all users who book rides through the platform.
  • D. By reducing the need for drivers to cruise around looking for customers, thereby cutting CO2 emissions.

Peers Inc — Full Chapter Overview

Peers Inc Summary & Overview

Peers Inc (2015) provides an insider’s look at how the modern sharing economy is changing the way companies and consumers do business. It also explains how this economy may be a cure for the planet’s many ills, from rising temperatures to dwindling resources.

Who Should Listen to Peers Inc?

  • Readers interested in Zipcar, Airbnb and similar companies
  • Entrepreneurs
  • Climate-change activists

About the Author: Robin Chase

Robin Chase is an entrepreneur and cofounder of Zipcar, the world’s largest car-sharing company. She has served on the board of the Massachusetts Department of Transportation and worked on a federal transportation advisory committee. In 2009, Time magazine named her on its list of the world’s 100 most influential people.

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