*By Madison Alworth*
In the sharing economy, you don't need a huge dining room to throw a luxurious dinner party. You can just rent one.
That's the idea behind [Splacer](https://www.splacer.co/), a new start-up that aims to be the Airbnb of event spaces.
"Airbnb laid the first foundation stone of understanding we can share space," said Splacer CEO Adi Biran.
Her company, she said Thursday in an interview on Cheddar, wants to take the sharing economy one step further.
"Splacer's offering the rest of the spaces. If we can share our own homes, why wouldn't we share our offices, our churches, galleries, distilleries, barber shops, and so on?" she asked.
Splacer offers space rental either by the hour or per day. The start-up encourages consumers to find the perfect spot for their art, special events, parties, and beyond.
The company first launched in Tel Aviv, Israel, but has since expanded to five U.S. cities: New York, San Francisco, Los Angeles, Miami, and Chicago.
The once-foreign idea of a gig economy is now growing even within individual industries. Ride-sharing started with Uber and Lyft and now includes bike and scooter companies like Bird and Lime. So perhaps it makes sense that real estate rentals branched into bigger spaces.
"This is something that will be extensively used by everyone who is really looking to access a space as opposed to owning it," Biran said.
For full interview [click here](https://cheddar.com/videos/finding-the-perfect-splacer-for-your-next-event).
Join Cheddar News as we break down the top headlines this morning including updates on the Jan. 6 hears, the PGA suspension of 17 of the world's best golfers, and NASA's plans to study UFOs.
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Alex Gladstein, Chief Strategy Officer for the Human Rights Foundation, joins Closing Bell, where he explains where tech experts are getting it wrong when they call crypto risky and unproven. He also stresses the importance of crypto and points to how Ukraine was able to use Bitcoin during the onset of the Russian invasion.
API platform RapidAPI recently became a unicorn with a $1 billion valuation after raising $150 million in a Series D funding round led by Softbank Vision Two Fund. Microsoft's Venture Fund, M12, and Andreessen Horowitz also participated. RapidAPI says it provides the world's largest API hub which enables millions of developers and companies to build software faster. Iddo Gino, founder and CEO of RapidAPI, joins Cheddar News' Closing Bell to discuss.
The PGA Tour has announced that it will suspend players that are competing in the LIV Golf event that teed off today. At least 17 players, including names like Phil Mickelson, Dustin Johnson, and Sergio Garcia are banned from the PGA Tour competition. Hilary Fordwich, a business analyst and golf expert, joined Cheddar News to discuss why the PGA had to go this route. This is a threat to the future of golf for them, and there's been many contentions about them not being fair and that this is vindictive," she said. "Don't forget, of course, they represent sort of a monopoly in the history of golf. So you've got two sides to this story. You've got those the purists, those that feel that golf should only be a certain way and that there are only these limited events that the PGA puts on. And then you've got other people who are saying … this is all about money"
Facebook parent Meta officially has changed it’s ticker symbol from ‘FB’ to ‘META’. Paul Meeks, a portfolio manager, Independent Solutions Wealth Management, and a professor of practice in the Baker School of Business at The Citadel, joined Cheddar News to discuss why the tech giant has had to make big changes to its name, its ticker, and its business plans. "When you see what's happening in digital advertising — and there was a slowdown there even before the threat of a recession, which could cause a even more drastic slowdown next year — they had to pivot," he said. Meeks noted he sees Facebook dominating in the metaverse space going forward — whatever that may end up being.