Rent your games, DVDs and now parking spaces

Apr 2, 2007   //   by Pema   //   Startup  //  No Comments

Two cool companies I came across over the weekend (via Springwise). I guess you could add these to the Companies I Wish I’d Thought of Starting list, but I’m so wrapped up in GigPark I don’t have that reaction anymore ;).

1. I Let You

Basic premise: Set up your own NetFlix style store and rent your games and DVDs to anyone that wants them. The company aims to give us access to the estimated 10 billion DVDs in American households. They are in private beta mode at the moment but I love the simple idea behind I Let You. People have, and create, a lot of value and this seems like a great tool for letting you monitise some of it. Which leads me to the second company…

2. Peasy (Parking made easy)

Basic premise: An online marketplace for parking spaces. Again, all of us have certain things that are worth money, in this case a parking space, and Peasy is a tool to help us monitize it. The company is based in the UK and, from what I can see, only offers spaces in England at the moment. I expect they’ll export the idea to the US soon if they aren’t cloned by someone else first. The business model? – Peasy tasks 12% commission on every spot rented, which works out to a pretty penny in a place like London where a space can cost thousands of pounds per year.

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About Pema Hegan

Pema Hegan A Kiwi living in Canada.
I love music, obsess over architecture and miss the ocean.

I'm a partner and managing director at Rethink Toronto.

Before Rethink, I founded and then soldĀ GigPark (a social web startup), and was the founding editor-in-chief of Dose.

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