Last week, Airbnb supporters defeated a California ballot initiative, Proposition F, which would have limited the number of days that tenants and owners are allowed to rent out space in their private homes each year.
Hart Posen, Associate Professor of Management and Human Resources at the Wisconsin School of Business
To continue the political momentum, the company plans to launch a national campaign on the heels of this victory to organize 100 home sharing clubs in major cities across the U.S.
In a recent USA Today article, Hart Posen, associate professor of management at the Wisconsin School of Business, explains that companies like Airbnb and Uber are creating new business models that don’t apply to the old regulatory regimes.
"These types of regulatory battles will become increasingly common as new technologies make old regulations obsolete. Firms will make ever larger and more high-profile investments in shaping the regulatory environment," Posen told USA Today.
Read the full article, “Airbnb flexes new political muscle with 100 home-sharing clubs.”