Valet Parking on Demand? There's an App For That.
A new parking app in San Francisco allows users to forgo the misery of searching for a spot. Instead, drivers can reserve an on-demand valet who will wait at your destination.
Parking in the United States is a $30 billion industry. That's billion, with a "b."
We've seen many instances of startups trying to snatch a piece of that pie with varying degrees of success. In San Francisco, where finding a parking spot is about as difficult as dividing by zero, a company called Luxe has emerged as one the country's brightest new parking app prospects. Queena Kim of Marketplace recently gave it a test drive.
As Kim explains, Luxe is brilliantly simple. Instead of driving around for half-an-hour trying to find a spot, users can make a reservation so that a Luxe valet is waiting for them at their destination. The valet takes the keys, asks how long they plan to be out, and then parks the car in an partnered lot. The service costs $5/hr with a $15 maximum.
While the service seems to work well in its infant stages, one wonders just how scalable this business model can be. There's also, as Kim notes, potential issues related to the labor needed to fully satiate the instant-gratification economy.
That said, Luxe seems to work well for what it is now and it'll be interesting to see where it goes in the future.
Read more at Marketplace
Photo credit: Lorelyn Medina / Shutterstock
Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.
- Learn to recognize failure and know the big difference between panicking and choking.
- At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
- Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
Both panoramic and detailed, this infographic manages to show both the size and distribution of world religions.
- At a glance, this map shows both the size and distribution of world religions.
- See how religions mix at both national and regional level.
- There's one country in the Americas without a Christian majority – which?
Do you have a magnetic compass in your head?
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.