{"id":13296,"date":"2015-05-05T11:47:18","date_gmt":"2015-05-05T15:47:18","guid":{"rendered":"https:\/\/www.wework.com\/creator\/?p=13296"},"modified":"2020-03-30T18:39:09","modified_gmt":"2020-03-30T22:39:09","slug":"cant-find-a-parking-space-thats-no-problem-with-spot","status":"publish","type":"post","link":"https:\/\/www.wework.com\/ideas\/community-stories\/member-spotlight\/cant-find-a-parking-space-thats-no-problem-with-spot","title":{"rendered":"Can\u2019t find a parking space? That\u2019s no problem with Spot"},"content":{"rendered":"

People are making cash on Airbnb by renting out their rooms. They\u2019re lending their cars to strangers for some extra dough through Turo<\/a>. Now Mark Abramowicz\u00a0and Braden Golub are giving people yet another way to profit from stuff they\u2019re not using at the moment.<\/p>\n

Abramowicz\u00a0and Golub are the co-founders of Spot<\/a>, an app that lets people rent out their unused parking spots. It\u2019s already up and running in Boston, where they live and work, and boasts just under 15,000 users.<\/p>\n

\u201cWe\u2019re bringing an underutilized asset to the public market,\u201d says Golub. \u201cAll cities want more people coming in, as well as more tax dollars.\u201d<\/p>\n

By mid-July, the co-founders said they plan to launch Spot in Chicago, and, by the end of the year, they\u2019re aiming to be in other major markets like Philadelphia, Los Angeles, Miami, and Washington, D.C. According to their website, Spot owners can make hundreds of dollars per month on their space.<\/p>\n

Golub thought of the idea for the app after noticing the parking situation in his own neighborhood.<\/p>\n

\u201cOne night I was coming back from my girlfriend\u2019s place a half a mile away from my house,\u201d he says. \u201cI walked past my parking lot and saw that 10 out of 25 spots were empty. I was thinking that I could put my girlfriend\u2019s car in one of those spots and I could pay the owner. That was my aha moment.\u201d<\/p>\n

Since they started developing the app, Abramowicz\u00a0and Golub have been tweaking it based on feedback from their users.<\/p>\n

\u201cThese early users are our bread and butter, says Golub. \u201cWe\u2019re engaged with them on a daily basis. We ask them what they like or don\u2019t like about Spot. We\u2019re a small company and we can react pretty quickly.\u201d<\/p>\n

Right now the two are looking into insurance that would protect users in case their property was somehow damaged. They also have a process of verifying each user and spot owner and can retrieve details about a renter\u2019s car.<\/p>\n

Above all, they\u2019re hoping to contribute to this new economic ecosystem and provide their users with another avenue for revenue.<\/p>\n

\u201cIt\u2019s about putting the power of this sharing economy into the mainstream hands,\u201d says Braden. \u201cWe think that\u2019s very valuable.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

People are making cash on Airbnb by renting out their rooms. They\u2019re lending their cars to strangers for some extra dough through Turo. Now Mark Abramowicz\u00a0and Braden Golub are giving people yet another way to profit from stuff they\u2019re not using at the moment. Abramowicz\u00a0and Golub are the co-founders of Spot, an app that lets […]<\/p>\n","protected":false},"author":1498,"featured_media":13298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43903,43911],"tags":[],"class_list":["post-13296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community-stories","category-member-spotlight"],"acf":[],"yoast_head":"\nCan\u2019t find a parking space? 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