I believe network effects are what creates this really strong draft that keeps you on top once you're there. Hosts want to list their places where they have the

I believe network effects are what creates this really strong draft that keeps you on top once you're there. Hosts want to list their places where they have the most possible guests – and guests want to book where they have the largest selection of listings. Hard to break that cycle, even if the company makes mistakes that would be punished if it was easier for competitors to grab market share.