3 ms·
Those facts also make it a risky bet because it is easier for competitors to enter the market. Airbnb is only massively profitable because they have a dominant
by hurricanetc 7y ago
Those facts also make it a risky bet because it is easier for competitors to enter the market. Airbnb is only massively profitable because they have a dominant position but what will happen if that position starts to slip and they have to compete for listings? The surcharge is inevitably going to fall.