Airbnb For Boats: The Rapid Growth of Boat Sharing
For the past decade or so, we’ve been moving increasingly into a sharing economy, not an owning economy. Think of the massive growth of Airbnb, for example, in the housing market, or Uber and Lyft for transportation. Younger generations also often put more importance on experiences, than on things. They want the freedom to travel, and to dip into new experiences, such as boating, without having to tie up a lot of capital. Over the years, I had several conversations with the late Irwin Jacobs, who used to own such major boat companies as Wellcraft and Hatteras and certainly knew…