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The Bike-Sharing Economy

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Spinlister, a startup that is aiming to be the "Airbnb of bikes" allows bike owners to rent out their bikes by the hour, day, or week. Bike owners set their own bike rental rates, which range from $5 per day for basic bikes to $150 per day for high-end road bikes. About 90 percent of renters on Spinlister are travelers. The company, which is LA based, is currently making a big push for growth in San Francisco. [SFGate]