{"id":17676,"date":"2014-09-20T11:52:07","date_gmt":"2014-09-20T18:52:07","guid":{"rendered":"http:\/\/www.web-strategist.com\/blog\/?p=17676"},"modified":"2014-09-20T17:28:47","modified_gmt":"2014-09-21T00:28:47","slug":"even-more-money-funnels-into-the-collaborative-economy-part-3","status":"publish","type":"post","link":"https:\/\/web-strategist.com\/blog\/2014\/09\/20\/even-more-money-funnels-into-the-collaborative-economy-part-3\/","title":{"rendered":"Even More Money Funnels into the Collaborative Economy (Part 3)"},"content":{"rendered":"<p><center><a title=\"Money by 401(K) 2012, on Flickr\" href=\"https:\/\/www.flickr.com\/photos\/68751915@N05\/6355388579\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/farm7.staticflickr.com\/6092\/6355388579_0312787bde.jpg\" alt=\"Money\" width=\"500\" height=\"333\" \/><\/a><br \/>\n<em>Investors are doling out money by the fistful, $241 million deployed in less than three months.<\/em><\/p>\n<p><\/center>See the <a href=\"https:\/\/docs.google.com\/a\/crowdcompanies.com\/spreadsheets\/d\/1uaU3VlqbigjYOpAXDDKOlsfk5APVkD-H0YAVlRra9WE\/edit#gid=415426608\">Google Sheet that has all this data<\/a>, broken down by industry, amount, and date. \u00a0You can read part 1: <a href=\"http:\/\/www.web-strategist.com\/blog\/2013\/07\/11\/meet-the-investors-of-the-collaborative-economy\/\">Meet the investors<\/a>, and part 2: <a href=\"http:\/\/www.web-strategist.com\/blog\/2014\/07\/03\/collaborative-economy-is-heavily-funded\/\">The investors are in love with this market<\/a>.<\/p>\n<p>Since my <a href=\"http:\/\/www.web-strategist.com\/blog\/2014\/07\/03\/collaborative-economy-is-heavily-funded\/\">last analysis on July 3rd, 2014,<\/a> there&#8217;s been continued funding into the Collaborative Economy market &#8211;where the crowd gets what they need from each other. Investors are infatuated in this market as it provides new supply, disrupts incumbents, using faster technology powered by mobile, social, and internet of things, the <a href=\"http:\/\/www.bizjournals.com\/phoenix\/blog\/techflash\/2014\/09\/how-collaboration-is-changing-the-economy.html?page=all\">Phoenix Business Journal<\/a> did a recent write-up of my keynote at a business conference, highlighting the market changes.<\/p>\n<p>In just 2.5 months there&#8217;s been even more money flooding the market. SMB FundingCircle raised a massive $65m round, followed by big rounds to Rockettaxi to aid the disrupted incumbents, and Fiverr raised a $30m found, as they enable crowd-based tasks to be completed on a two sided marketplace. \u00a0In these past two months, there&#8217;s been $241k invested into this growing market.<\/p>\n<p style=\"text-align: center;\"><strong>Recent Funding in the Collaborative Economy<\/strong><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"94\" \/>\n<col width=\"204\" \/>\n<col width=\"186\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td data-sheets-value=\"[null,3,null,41836]\" data-sheets-numberformat=\"[null,5]\">7\/16\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Funding Circle&quot;]\">Funding Circle<\/td>\n<td data-sheets-value=\"[null,3,null,65000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$65,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Money&quot;]\">Money<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41836]\" data-sheets-numberformat=\"[null,5]\">7\/16\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Shyp&quot;]\">Shyp<\/td>\n<td data-sheets-value=\"[null,3,null,10000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$10,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Services&quot;]\">Services<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41838]\" data-sheets-numberformat=\"[null,5]\">7\/18\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Helparound&quot;]\">Helparound<\/td>\n<td data-sheets-value=\"[null,3,null,600000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$600,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Health&quot;]\">Health<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41846]\" data-sheets-numberformat=\"[null,5]\">7\/26\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;RocketTaxi&quot;]\">RocketTaxi<\/td>\n<td data-sheets-value=\"[null,3,null,40000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$40,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Transporation&quot;]\">Transporation<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41859]\" data-sheets-numberformat=\"[null,5]\">8\/8\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Thuzio&quot;]\">Thuzio<\/td>\n<td data-sheets-value=\"[null,3,null,6000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$6,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Services&quot;]\">Services<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41862]\" data-sheets-numberformat=\"[null,5]\">8\/11\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Fiverr&quot;]\">Fiverr<\/td>\n<td data-sheets-value=\"[null,3,null,30000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$30,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Services&quot;]\">Services<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41863]\" data-sheets-numberformat=\"[null,5]\">8\/12\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;RelayRide&quot;]\">RelayRide<\/td>\n<td data-sheets-value=\"[null,3,null,10000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$10,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Transporation&quot;]\">Transporation<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41886]\" data-sheets-numberformat=\"[null,5]\">9\/4\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Breather&quot;]\">Breather<\/td>\n<td data-sheets-value=\"[null,3,null,6500000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$6,500,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Space&quot;]\">Space<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41907]\" data-sheets-numberformat=\"[null,5]\">9\/25\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Jimubox &quot;]\">Jimubox<\/td>\n<td data-sheets-value=\"[null,3,null,37190000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$37,190,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Money&quot;]\">Money<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41907]\" data-sheets-numberformat=\"[null,5]\">9\/25\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;FlightCar&quot;]\">FlightCar<\/td>\n<td style=\"color: #231f1e;\" data-sheets-value=\"[null,3,null,13500000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$13,500,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Transporation&quot;]\">Transporation<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41897]\" data-sheets-numberformat=\"[null,5]\">9\/15\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;Sidecar &quot;]\">Sidecar<\/td>\n<td style=\"color: #231f1e;\" data-sheets-value=\"[null,3,null,15000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$15,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Transportation&quot;]\">Transportation<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41901]\" data-sheets-numberformat=\"[null,5]\">9\/19\/2014<\/td>\n<td data-sheets-value=\"[null,2,&quot;EatWIth&quot;]\">EatWIth<\/td>\n<td style=\"color: #231f1e;\" data-sheets-value=\"[null,3,null,8000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\">$8,000,000<\/td>\n<td data-sheets-value=\"[null,2,&quot;Food&quot;]\">Food<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"[null,3,null,41901]\" data-sheets-numberformat=\"[null,5]\"><\/td>\n<td data-sheets-value=\"[null,2,&quot;EatWIth&quot;]\">SUM<\/td>\n<td style=\"color: #231f1e;\" data-sheets-value=\"[null,3,null,8000000]\" data-sheets-numberformat=\"[null,4,&quot;\\&quot;$\\&quot;#,##0&quot;,1]\"><span style=\"font-weight: bold;\" data-sheets-value=\"[null,3,null,241790000]\" data-sheets-userformat=\"[null,null,16384,null,null,null,null,null,null,null,null,null,null,null,null,null,null,1]\" data-sheets-formula=\"=SUM(R[-12]C[0]:R[-1]C[0])\">$241,790,000<\/span><\/td>\n<td data-sheets-value=\"[null,2,&quot;Food&quot;]\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong>Analysis: The Last 9 Mos of Funding<\/strong><br \/>\nHere&#8217;s a breakdown of the 2014 Funding from Jan 1st-Sept 20th:<\/p>\n<ul>\n<li>Total Funding Events: 39<\/li>\n<li>Deals per month: 4.3<\/li>\n<li>Average Funding Per Month\u00a0$301,052,222<\/li>\n<li>Average per Funding Round\u00a0$69,473,590<\/li>\n<li>Median\u00a0$10,000,000<\/li>\n<li>Average funding amount without Uber (outlier)\u00a0$42,084,857<\/li>\n<li>Average funding amount without Uber and Airbnb (outliers)\u00a0$27,282,973<\/li>\n<li><strong>2014 Sum:\u00a0$2,709,470,000<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>Bubble?<\/strong> I&#8217;m often asked are we in a bubble? My answer is yes and no. First of all, unlike the first web boom I experienced in late 90s or social media phase, there&#8217;s clear revenues being generated from peer to peer commerce. Unfortunately, you can&#8217;t sustain this many competitors in each arena &#8211;particularly in the transportation space. <a href=\"http:\/\/www.cnbc.com\/id\/102004686\">I recently told CNBC\u00a0that<\/a> there&#8217;s only room for three playersin each of these markets:\u00a0&#8220;In the end, the market can&#8217;t sustain this many car-sharing or ridesharing start-ups\u2013there&#8217;s typically going to be room for three\u2013the most convenient, the cheapest experience and a unique experience,&#8221;<\/p>\n<p style=\"text-align: right;\"><em>Photo used within creative commons licensing, <a href=\"https:\/\/www.flickr.com\/photos\/68751915@N05\/6355388579\">by 401k<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors are doling out money by the fistful, $241 million deployed in less than three months. See the Google Sheet that has all this data, broken down by industry, amount, and date. &nbsp;You can read part 1: Meet the investors, and part 2: The investors &hellip; <a href=\"https:\/\/web-strategist.com\/blog\/2014\/09\/20\/even-more-money-funnels-into-the-collaborative-economy-part-3\/\" class=\"more-link\"><span>Continue reading<span class=\"screen-reader-text\">Even More Money Funnels into the Collaborative Economy (Part 3)<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[198,112,122],"tags":[],"class_list":["post-17676","post","type-post","status-publish","format-standard","hentry","category-collaborative-economy","category-vcs","category-venture-capital"],"_links":{"self":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/17676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/comments?post=17676"}],"version-history":[{"count":0,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/17676\/revisions"}],"wp:attachment":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/media?parent=17676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/categories?post=17676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/tags?post=17676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}