Panel: Uber-ization: Overvalued Business Model or Underexploited Platform
Nov 5 2015, 5:30 PM – 8:30 PM
MIT Enterprise Forum NYC Presents an Expert Panel: UBER-IZATION: OVERVALUED BUSINESS MODEL OR UNDEREXPLOITED PLATFORM? Nov. 5, 5:30 – 8:30 pm
Meet the leaders of Axial, Fivver, PRIV and Handy – four exciting gig/shared economy start-ups you should get to know. MIT Sloan Fellow Michael Schrage will facilitate a panel discussion on the hows and whys of making these business models succeed for customers, participants and investors alike.
What skills and talents win? What management cliches are doomed to obsolete anachronisms? What ways to measure, match and monetize human capital in these marketplaces work best? Is there a tad too much froth?
In market sectors from beauty and wellness to talent to enterprise support, the opportunities for ingenuity and impact appear rife. This panel examines how real they are.
> 5:30 – 6:00 pm Registration and Networking
> 6:00 – 7:30 pm Panel Discussion and Q&A
> 7:30 – 8:30 pm Drinks and Networking
A fellow with the Massachusetts Institute of Technology (MIT) Sloan School’s Initiative on the Digital Economy and a visiting scholar at Imperial College’s Innovation and Entrepreneurship program, Michael Schrage is author of ’The Innovator’s Hypothesis’ [MIT Press 2014] and ‘Who Do You Want Your Customers To Become?’ [Harvard Business Review Press 2012]. His research, writing and advisory work focuses on the ‘behavioral economics’ of models, prototypes and experiments as collaborative media for managing ‘innovation risk.’ He describes this as ‘behavioral OR.’
His current research explores the role of two-sided markets and ’network effects’ in shaping innovation and human capital investment. He is an angel investor in several digital media and ‘machine learning’ start-ups. A featured and top trafficked blogger for the Harvard Business Review site, his work has been published the Sloan Management Review, the Financial Times, The Wall Street Journal, the Nikkei Asian Review, the CACM as well as peer-reviewed publications.
As Handy’s COO, Umang plays a pivotal role in increasing Handy’s footprint, both across North America and abroad, spearheading new market rollout and managing the company’s aggressive growth. From home cleaning to handyman services, Handy instantly matches thousands of customers every week with trusted professionals in cities all around the world. With a seamless 60-second booking process, secure payment, and a 100% money-back guarantee, Handy is the easiest, most convenient way to book home services.
While in college, Umang founded his first startup College Connect, an online platform that connected international college and business school applicants with enrolled students around the world. After college, Umang worked briefly at McKinsey & Company but soon left to study at Harvard Business School. It was there that Umang met his Handy co-founder, Oisin Hanrahan. In 2012, the two launched Handy as the on-demand platform for home services, connecting consumers with quality home service professionals.
Currently living in New York, Umang is passionate about global politics and an avid traveler.
David Manela is the Chief Revenue Officer of Fiverr, the world’s largest marketplace for creative and professional services. As Fiverr’s CRO, he is responsible for driving Fiverr’s aggressive growth, including acquisition, engagement, and category strategies across all Fiverr 150+ marketplace categories. Prior to Fiverr, David played a pivotal role at ideel, where he led the company’s marketing, merchandising, planning, and e-commerce functions. He helped grow the company from a startup to an online retailer of $130M+, earning recognition from Inc. magazine as “America’s Fastest Growing Private Company.” David earned his MBA in finance from Rouen Graduate School of Management and an MA in European history from the University of Rouen in France. He and his wife live in New York City with their two children.
Axial, founded in 2009, provides a network of 20,000 CEOs, buyers, lenders, investors and advisors with the keys to run business development activities. Prior to Axial, Allison held senior marketing roles at Google, AOL and several start-ups prior to management consulting at BCG. She graduated from Harvard Business School in 2005.
Since 2010, Joseph has been developing iOS, Android, and web applications. He developed multiple hi tech apps for national luxury beauty brands, as well as innovative software solutions for the management and operations of dispatch-orientated service businesses that rely on fast, location based, peer-to-peer communication. Joseph still works closely with PRIV CTO in all matters relating to tech.
Joseph graduated from Columbia University in 2004. He has founded and run companies in diverse sectors including land development and fashion.
The Aniello Bianco Room (B-Level East)
1 Pace Plaza
New York, NY 10038
(Enter at 3 Spruce Street, the Michael Schimmel Center for the Arts, and walk up the stairs to the Security Desk)
Thanks to our host: Bruce Bachenheimer, Clinical Professor of Management, Pace University