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they're short-term doomed. long-term, (2021+) -> time will tell. what they're planning now to do is to invent completly new business, utilising assets they hav
by rdslw 6y ago
they're short-term doomed. long-term, (2021+) -> time will tell.
what they're planning now to do is to invent completly new business, utilising assets they have at hand (relations with hosts, but this is it).
their 'online experiences' is a lesson on 'wishful thinking' or 'painting the grass green'. Quoting article: "we have nearly 100 hosts offering experiences online and thousands more who’ve offered to host experiences".
Let me remind them, that they have at least THREE..FOUR ORDERS OF MAGNITUDE bigger hosts number (problem 1), there is no space in youtube/twitch area for that amount of content creators (problem 2), and most hosts can't do it (problem 3).
- shostack 6y agoI wonder what knock on effects there will be for this part of the economy. How many towns and cities have a significant chunk of real estate that was purchased exclusively for Airbnb rentals that may eventually get foreclosed as a result of this? What will be the impact to surrounding real estate markets?
- ForHackernews 6y agoSeems like it would only be positive if more housing became available for locals? For myself, I'm hoping Airbnb go bankrupt. In my mind, they're similar to Uber in that their only true innovation is a willingness to disregard local laws.