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I always wondered what's exactly the value that AirBnB is providing? Why can't a website with reviews by guests and hosts (with money handling) be run at a much
by maverick_iceman 10y ago
I always wondered what's exactly the value that AirBnB is providing? Why can't a website with reviews by guests and hosts (with money handling) be run at a much smaller cost?
- jimmywanger 10y agoBasically trust and brand, as they said in the article. They had to come up with both supply and demand at the same time. You wouldn't use a service with limited supply, and as a renter, you wouldn't list your property on a service without any people willing to rent your spare room/apartment.