Why Hourly Rentals Failed

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On today's show we are looking at why Property Tech company Peerspace filed for Chapter 11 bankruptcy protection.

For over a decade, Peerspace was celebrated as the "Airbnb for hourly space." The company promised to unlock millions of dollars in value hidden inside under-utilized physical real estate. But its sudden filing in bankruptcy court exposes the deep structural vulnerabilities of trying to monetize space by the hour.

The company Peerspace was supposed to revolutionize the industry. But operational friction choked its unit economics, and we will look at the severe liability issue that ultimately forced its restructuring.

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