With the rise of Airbnb, a website for people to list and rent accommodation, everyone is now talking about collaborative consumption. The average monthly income that people make of these platforms was US $ 2,837, nearly 80% of the average monthly household income in the US in 2014, according to a recent study by the Institute of JPMorgan Chase (full study sample was a million people, including those who have no earnings online platforms).
Liao's interest in sharing economy began in 2011, two or three years after Uber and Airbnb was founded. He was a college student in Shanghai then, and the school had two campuses that were far from each other. Liao created a mobile application, similar to Uber, for students and teachers to share rides between the two campuses.
Talent forest has been Liao second effort in the exchange of the economy, which is designed for people who teach special skills, make friends, and earn extra money. Skills can be anything, for example, making chocolate volcano, or coding.
The website was launched just seven months ago. The team even got an investment of US $ 150,000 from an angel of the company before the official website was out.
Finance, product and marketing, these are the three elements that feature in the development of the company, according to Liao. "We are starting our fund, and we have worked hard to improve our product website. It is now our marketing approach and is very difficult." Liao said.
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