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Ask HN: Why is AirBnb worth 1 billion dollars?
http://siteanalytics.compete.com/airbnb.com+hotels.com/
As you can see, AirBnb gets just 1/10 the traffic as Hotels.com. The market cap of IACI (which owns Hotels.com) is around $3 billion.
Something doesn't seem right
- pg 15y agoWhat matters is not traffic but profits, and particularly growth thereof.
- Hisoka 15y agoIf you look at the Compete graph, traffic has not exactly exploded in the past year or so...
- steventruong 15y agoMaybe we're looking at different things but because of the comparison between airbnb and hotels, it looks as if the line is flat but if you look at the numbers, it's gradually increasing. While they certainly don't have as much traffic, I do think they have a bigger market.
- webbruce 15y agoIt's called #webbubble
- jcol 15y agoOnly sites that have the tracking code installed are accurate. Anything else is guessed (poorly).