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  Cab ride, home-sharing old ideas made new: Airbnb, Uber founders

Cab ride, home-sharing old ideas made new: Airbnb, Uber founders

AFP
Published : Feb 19, 2016, 5:16 am IST
Updated : Feb 19, 2016, 5:16 am IST

Ride-and home-sharing startups shaking up the world are old concepts getting new life, founders of two prominent ventures told an “ideas conference” Tuesday.

Ride-and home-sharing startups shaking up the world are old concepts getting new life, founders of two prominent ventures told an “ideas conference” Tuesday.

“We didn't invent anything new,” co-founder Joe Gebbia said of Airbnb during a candid presentation at the prestigious annual TED gathering in Vancouver.

“Hospitality has been around forever.”During a separate TED talk, Uber co-founder Travis Kalanick described Uber as a modern day spin on the “Jitney,” a ride-sharing trend that rocketed after being launched in California in 1914 but which was crushed under the weight of regulation in subsequent years.

“It turns out there was an Uber way before Uber,” Kalanick said during an on-stage talk. “If it had survived, the future of transportation would probably be here already.”

The name “Jitney” came from a slang reference to a US five-cent coin, which is what a car dealer in Los Angeles who noticed crowds waiting for trollies decided to charge people to take them where they wanted to go.

Within a year the trend spread to other US cities, to the chagrin of powerful trolley operators, Kalanick said, drawing a parallel to opposition that the smartphone-based ride-sharing service has gotten from the taxi industry.

The trolley industry successfully lobbied for regulation of the Jitney, winning rules such as mandating two drivers per car; long hours behind wheels, and even back seat lighting to discourage the “pernicious” trend of couples “spooning,” Kalanick quipped.

Location: Canada, British Colombia, Vancouver