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Airbnb has done a good job at defending their platform while uber/lyft has not. The best example of this is how you can compare prices on google maps for ride s
by useful 7y ago
Airbnb has done a good job at defending their platform while uber/lyft has not. The best example of this is how you can compare prices on google maps for ride sharing, flights, and hotels but not for home sharing.
They have no immediate pricing pressure, they control the margins and the advertising. As long as they spend on marketing and avoid creating channels in aggregators they will be ok.
My only worry is that they do 5-10B/year revenue? So maybe they become a 30B company. It already looks like they will IPO above that, which will be unfortunate for any retail investor.