Description: A San Francisco company called Recharge has developed an app that enables users to book a stay in hotel for just for 67 cents a minute, or $40 an hour.
Source: Tech Crunch
The offering sounds both brilliant and preposterous, yet it has already attracted some smart investors, including Scott and Cyan Banister and early Google engineer Harry Cheung, who’ve provided the company with $650,000 in seed funding. It’s raising up to $2.5 million altogether.
Questions for discussion:
1. What applications does a service like Recharge have?
2. What kind of security measures could be used to deter ineffective or negatives uses of Recharge?