*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).
On this episode of On the Job, Mark Bowen, General Manager at Midnight Sun in San Francisco, discusses how the pandemic affected LGBTQ+ nightlife and the return to work for service industry workers; Drew Lewis, VP Diversity, Equity, and Inclusion & Talent, ADP, breaks down how DE&I practices can drive greater business value and how organizations can effectively create an action plan for supporting DE&I in the workplace.
Drew Lewis, VP Diversity, Equity, and Inclusion & Talent, ADP, joins Cheddar to break down how DE&I practices can drive greater business value and how organizations can effectively create an action plan for supporting DE&I in the workplace.
Following a session in which investors saw gains across the major indexes, Wealth Consulting Group CEO Jimmy Lee says investors need to remember that midterm election years tend to be more volatile in general.
Stocks closed lower to end the last trading day of May, but the S&P 500 and the Dow Jones both rose over the past month. The Federal Reserve in early May raised interest rates by half a percentage point as it tries to fight inflation, but the question continues to linger: will we enter a recession as we try to tame inflation? Anthony Saccaro, Founder & President of Providence Financial, joins Closing Bell to discuss today's close, the possibility of a recession, where he is telling clients to look for opportunities, and more.
The semiconductor industry is at an inflection point as it tries to fully recover from the worst of pandemic-era headwinds. While Broadcom has announced it will buy cloud computing company VMware, Nvidia is lowering its current quarterly outlook. Meanwhile, TSMC and Intel are contemplating raising prices -- again -- thanks to higher materials costs. Where does the industry go from here? Ted Mortonson, technology strategist at Baird, joins Closing Bell to discuss.
