Hosts won't switch away from Airbnb to a platform with no customers. Some might duel list, but then all the bookings will end up happening on Airbnb anyway. I

Hosts won't switch away from Airbnb to a platform with no customers. Some might duel list, but then all the bookings will end up happening on Airbnb anyway. I would expect that to start generating real revenue, you would have to spend tens to hundreds of millions on customer acquisition.