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Airbnb might be trying to take on the entire travel industry. It's not that insane to raise this much capital if they wanted to try their hand at EXPE or HST's
by jtchang 10y ago
Airbnb might be trying to take on the entire travel industry. It's not that insane to raise this much capital if they wanted to try their hand at EXPE or HST's market.
- ArtDev 10y agoIn my area their main competitor is VRBO/Homeaway. They suck (for a host anyway). However, they were recently bought by Expedia. Airbnb needs to stay ahead of Expedia. Luckily Airbnb is way ahead.
- notahacker 10y agoIt does seem insane to invest at a notional valuation of double Expedia's market cap (or nearly four times Sabre's) to try to build a business that can compete with them though...