Despite regulation battles, investors are still excited about sharing economy IPOs

Jul22

by Sindy Cator on July 22, 2015 at 9:47 pm

Although they’ve been around for years, sharing economy businesses are still struggling to find a foothold in legality. Uber bought some time with New York City Mayor Bill de Blasio regarding a possible cap on cars in the streets. Airbnb is facing a new regulatory agency in San Francisco as well as a possible stricter cap in November. And cleaning startup Homejoy just folded after facing mounting pressures from lawsuits disputing labor contracts. Despite all this, a report from MarketWatch contends that investors are chomping at the bit to see these companies IPO. The report cites two public companies, Etsy and HomeAway…