Jeff Bennett's Blog

Tim Hyer is the Founder and CEO of RentCycle.  I have got to know Tim through the mentor program of MassChallenge.  We share a focus on an emerging market space that is focused on sharing, swapping and renting.  It has been great to work with Tim and his team.  I invited Tim to participate in a forum that I hosted at Bentley last evening.  Tim posted this blog about the event.

“They say great minds think alike. If this is true, I experienced nothing short of greatness at last night’s Collaborative Consumption Summit in Boston. Hosted at Bentley University, the event was attended by like-minded individuals who, like me, are part of a movement from ownership to usership; from individual buying to shared access; from independent consumption to collaborative consumption. Collaborative consumption explores the explosion of sharing, bartering, lending, trading, renting, gifting and swapping, which are reinventing not only what we consume, but how we consume. As I’ve written in previous blogs, the motivations behind renting are less about owning things and more about accessing the things you need, when you need them. There’s a quote that says, “you don’t need everything you own and you don’t own everything you need.” Turns out, I’m not the only one who subscribes to this belief. For two hours in Boston, this was the collective mindset—hence, the motivation behind the Collaborative Consumption Summit.

Organized by Bentley alum, Jeff Bennett, the event brought together thought leaders from different areas of collaborative consumption to share perspectives….”  Read the rest of Tim’s post by clicking through.