A new trend in the last few years has been called “the sharing economy”. Uber is one of the best examples, where people use their own personal vehicles as cabs in their spare time.
A new company called Spinlister is thinking that people will do the same thing, but with their personal bikes. Instead of renting a bike when travelling that may turn out to be an entry-level Rockhopper, you can use the app to rent nice bikes from other riders like yourself. The app would be searchable by area, and show you the bike, the size, the cost and who is renting it. They are also doing skis and paddle boards as well.
Spinlister knows that most people would be apprehensive with the risk of letting their ride go to a stranger, so all bikes are insured for up to $10,000 when shared through the app.
What do you think? Would you rent out your bike to a stranger? Let us know in the comments. Click more to see a video explaining the full process…
