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https://www.cnbc.com/2019/10/17/airbnbs-quarterly-loss-reportedly-doubled-in-q1.html https://www.cnbc.com/2019/10/17/airbnbs-quarterly-loss-repor... Airbnb is
by JohnJamesRambo 7y ago
https://www.cnbc.com/2019/10/17/airbnbs-quarterly-loss-reportedly-doubled-in-q1.html https://www.cnbc.com/2019/10/17/airbnbs-quarterly-loss-repor...
Airbnb is successful but is it sustainable? That’s the question we need to be asking of the Uber generation.
- skinnymuch 7y agoYeah good thinking. Maybe not sustainable at a $35B+ valuation. However it is likely sustainable as a $10B+ company. Their marketing is largely the reason in that article. Their growth has slowed so that makes sense. Airbnb has been slightly profitable before. And unlike Dropbox who have been in the same position, they don’t have the same competition level. Article also says they still have $3B in cash and a $1B credit line which is a good sign vs total raised amt.