'Sharing economy' goes mainstream as IPOs loom

The sharing economy is becoming mainstream with the anticipated stock listings from services such as Uber, Lyft and Airbnb, signs that the trend is gaining momentum and impacting multiple sectors. The IPOs suggest that the sharing economy is ready for prime time, said Saif Benjaafar, director of the University of Minnesota's Initiative on the Sharing Economy. Benjaafar noted that Uber and Lyft have piled up huge losses while Airbnb has been profitable, they revolve around the same concept. Yahoo News! version.