Neighbor is out to disrupt self-storage: It's like Airbnb for your stuff [CNBC]
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Source: CNBC
Neighbor is out to disrupt self-storage: It's like Airbnb for your stuff Getty Images Got extra stuff? Got extra space? A new company is ready to make a match. Neighbor, based in Salt Lake City, connects homeowners online with people who need storage space. Its CEO says the barely 2-year-old company is already seeing 500% annual growth. "Currently there are more storage facilities in the U.S. than there are Starbucks, McDonald's, WalMarts, Home Depots, Dominos pizzas, Dunkin' Donuts and Costco's combined. So it's just this massive industry that we are trying to disrupt," said Joseph Woodbury, co-founder and CEO of Neighbor. The premise is pretty simple, much like Airbnb, just with stuff instead of people. "It's not just garages and basements and driveways," said Woodbury. "We'll have people put up barns, their old barn, and they'll store classic cars in their barn. We have people put up even small spaces in university towns. People put up a closet, and students will come store two or
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