3 ms·

I think that is the case :). If so, very strategic and well played by Expedia.

• toephu2 11y ago
  how so? It wouldn't have had any effect on Prop F passing or not and would not affect the price Expedia is paying for HomeAway since this deal was probably in the works for months.
  • sosborn 11y ago
    It is more about gauging public sentiment. If Prop F passed Expedia would have been wise to reconsider the deal. The last thing you want to do is spend all that money into an industry headed for heavy regulation that was voted in by citizens.
    • toephu2 11y ago
      You act like prop F was a national proposition or somehow international, this was just one city. Even if prop F passed it would not bring airbnb down as they operate in 34k+ cities around the world. Expedia is also targeting the int'l market. I doubt they would reconsider just over SF.
  • pavornyoh 11y ago
    >Given Airbnb’s rapid growth, Expedia probably looked at building its own competing service but decided to use its war chest to acquire HomeAway instead. Oh, I am sure it has been in the works for months. Now considering Prop. F has failed with Airbnb putting in over $8 million to fight it http://sfist.com/2015/09/28/airbnbs_8_million_and_more_sf_campa.php http://sfist.com/2015/09/28/airbnbs_8_million_and_more_sf_ca... I'd say this is very strategic by Expedia thus letting Airbnb and others spend to fight such an action and then promptly announcing it has acquired its biggest competitor. If this isn't strategic, then I don't know what is.
  • lacker 11y ago
    This prevents Expedia from being a target of pro-Prop-F propaganda.