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Even though Fred Wilson said "We couldn't wrap our heads around air mattresses on the living room floors as the next hotel room and did not chase the deal." ..
by larrys 15y ago
Even though Fred Wilson said "We couldn't wrap our heads around air mattresses on the living room floors as the next hotel room and did not chase the deal."
...with regards to not funding airbnb I somehow feel that that might not have been the case.
I think Fred's age (49?) and experience in life basically made it hard to understand how an idea like this couldn't have potential problems such, as only one example, this situation.
Hold on a second before you say "it only happened this one time".
How do we know that? People seem to think that either your place gets trashed or it's absolutely fine.
It's not digital it's analog. There's an in between state.
Something could get stolen that you don't know even about until much later. It won't always be the obvious thing like jewelry (and why would you leave that actually) it could be one of many little things you don't realize you have until missing. Or something could be broken.
The fact is there is no way for airbnb to insure against any number of minor type things that could happen. Where minor becomes your problem and your aggravation.
Have you ever seen how big of an industry shoplifting prevention is? Do you really think that only a minor % of the population commits petty type crimes?
And there is the reverse situation.
If you stay at someones place what if they honestly think that you stole something of theirs because they can't find it? Honest mistakes like this happen all the time. And the most obvious culprit tends to be blamed.