Owning nothing is now a luxury, thanks to a number of subscription startups
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Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#2If the business model for CaaStle does not work out, but I can accurately predict when they will go out of business, should I sign up to rent a bunch of stuff that month and hope I get to keep it after the shutdown?
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#3If the business model for CaaStle does not work out, but I can accurately predict when they will go out of business, should I sign up to rent a bunch of stuff that month and hope I get to keep it after the shutdown?
Presumably those assets would belong to the company’s creditors.
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#4If the business model for CaaStle does not work out, but I can accurately predict when they will go out of business, should I sign up to rent a bunch of stuff that month and hope I get to keep it after the shutdown?
Presumably those assets would belong to the company’s creditors.
I'd imagine collecting it would be more than the furniture would be worth.
It's not like they're going to be renting you luxury goods on the cheap.
(Although, if they can get VC money to subsidize renting stuff below cost ... I smell a unicorn ...)
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#5This seems dangerous, like people are going to spend 100% of their paycheck every month and get everything taken away from them if they go a week without a job.
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#6If the business model for CaaStle does not work out, but I can accurately predict when they will go out of business, should I sign up to rent a bunch of stuff that month and hope I get to keep it after the shutdown?
Sure, but don’t underestimate the appetite of VCs to keep funding these businesses, leaving you renting a lamp for $20/month or whatever.
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#7This seems dangerous, like people are going to spend 100% of their paycheck every month and get everything taken away from them if they go a week without a job.
It's the Rent-A-Center model.
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#8This seems dangerous, like people are going to spend 100% of their paycheck every month and get everything taken away from them if they go a week without a job.
Welcome to modern serfdom, implemented by app. Your boss is an app, your job is classified as an "independent contractor", you own nothing. You can never get off the treadmill of wage slavery.
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#9This seems dangerous, like people are going to spend 100% of their paycheck every month and get everything taken away from them if they go a week without a job.
16 tons and what do you get?
Another day older and deeper in debt.
St. Peter don't you call me cause I can't go,
I owe my soul to the company store.
Re: Owning nothing is now a luxury, thanks to a number of subscription startups
#10This might be more interesting if there was more competition and prices were more inline with the cost of purchasing.
It might be I don't understand the costs though. Is renting furniture or clothing like leasing a car, or is it more expensive (or less expensive)?