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>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
by 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.