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I never fully understood how such a concept hasn't drawn more criticism than it has. Airbnb have been around for a while now and it's evident they're doing exce
by DigitalSea 14y ago
I never fully understood how such a concept hasn't drawn more criticism than it has. Airbnb have been around for a while now and it's evident they're doing exceptionally well, even joining the prestigious $1b club (but seriously, what startup these days isn't be valued at one billion?). The real question is how long can they sustain this growth for before the lawsuits start flying around and something bad happens?
Look what's happening to Uber, they're facing heavy attention from taxi lobbyists not too happy with someone else muscling in on their territory. It's going to be the same for Airbnb as they gain more notoriety, motels and hotels are going to start lobbying their local politicians to get some draconian legislation that will make what Airbnb is doing even more unlawful than it potential is.
I love Airbnb, it's a great idea and it deserves every ounce of its success, but the troubles have yet to come for Airbnb. Lets hope they're saving that yearly revenue because they're going to need it when the lawyers come knocking.
- greghinch 14y agoI think Airbnb has the advantage of being very global compared to say, Uber. The lawsuit/lobbying issues are primarily a US problem, and to a lesser extent, the UK and western Europe. Not to say that they'd be the same business without those markets, but the slew of other countries where they operate gives them some breathing room
- nikcub 14y agoI see the trouble that AirBNB and Uber have caused as a sure sign that they are onto something as consumers it is in our interest for these companies to win their respective fights against old bureaucracies
- Djehngo 14y agoWell, they already managed to survive this: http://ejroundtheworld.blogspot.co.uk/ http://ejroundtheworld.blogspot.co.uk/ HN Discussion: http://news.ycombinator.com/item?id=2811080 http://news.ycombinator.com/item?id=2811080