Managing an infrastructure of peer to peer rental for >500,000 units worldwide seems like a reasonably hard task. You're comparing apples to oranges here. Arg

Managing an infrastructure of peer to peer rental for >500,000 units worldwide seems like a reasonably hard task. You're comparing apples to oranges here. Arguably the value of the property Airbnb is a defacto manager for is higher than 500,000 cars, but they also need to expand. Trust me, I'm totally on board with the unicorn hate here, this seems ludicrous, but I also don't know what is going on at Airbnb, so I try to think about why this might be a good investment, rather than why it might appear ludicrous :)