Thematic: Gig Economy

Tim Fung is the co-founder and CEO of Airtasker. Since its founding in 2012, Airtasker has grown to more than 4 million users and over $1 billion in work. Airtasker, trading under the ticker ART, listed on the ASX in 2021.

The gig economy! It's not just for musicians anymore... all you need is your smartphone and an app, and within minutes you could be driving people around, delivering food, or walking dogs, in exchange for cash. It's thanks to companies like Uber, Doordash, and Wag that built marketplaces that facilitated work easily. That's the gig economy. This way of working is a two way street - while there’s no commitment from the company, there’s also no commitment from the worker either. But just like dating - working under a ‘no commitments’ structure is great in theory, but often becomes a little more complicated in practice. This week, Australia’s Transport Workers Unions has made a deal with gig economy giant DoorDash, a sign that things might be about to change. Today Darcy and Sascha talk about the significance of this move, what's going on globally, and what the future looks like for the companies and workers who make up the gig economy.

In the penultimate episode of our summer series, Bryce and Alec discuss Airbnb (NASDAQ:ABNB). This company has hosted over 1 billion total guests through their platform, and is bigger than their 3 largest competitors combined. What started as an idea floated by email between its two founders in 2007, as ‘a way to make a few bucks…” is now one of the leading disruptors of the shared economy in 2022.