Thank you. This is the sort of reasoning I was looking for. Now, I'd counter your argument here by stating that it appears Airbnb had over 100% growth in 2015,

Thank you. This is the sort of reasoning I was looking for. Now, I'd counter your argument here by stating that it appears Airbnb had over 100% growth in 2015, and Expedia and HomeAway had 24% and 20% growth respectively.[1] Given that, is it unrealistic to assume the market can support 14% YoY growth (or higher) for the next ten years? [1]: https://www.cbinsights.com/blog/airbnb-hospitality-industry-valuation-breakdown/ https://www.cbinsights.com/blog/airbnb-hospitality-industry-...