Sydney startup Divvy is coming to solve your parking troubles

Sydney is a city where an entirely un-special parking spot can sell for A$120,000, so there's clearly a lot of room for a clever startup to come and shake things up.

Divvy is hoping it's that startup. While it began with a similar peer-to-peer model to Airbnb — connecting people who have a spare car space and would like to earn some extra cash, with those in desperate need of somewhere to park — it's now planning to expand the service and help corporate buildings manage their parking assets.