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Uber and Airbnb have network effects. You cant increase price when there is no cost in switching.
by tarsinge 7mo ago
Uber and Airbnb have network effects. You cant increase price when there is no cost in switching.
- cylemons 7mo agoI dont see how network effects applies to Uber/Airbnb because nothing stops drivers/hosts from listing their property in multiple such apps
- matusp 7mo agoPeople continue using Airbnb because that's where the properties are listed. And owners keep listing properties because that's where the users are.
- cylemons 7mo agoMy point was that nothing stops hosts from listing their properties in AirBnb as well as a competitor. Unless AirBnb penalizes delisting or enforces price parity I guess?
- enos_feedler 7mo agoDo you understand network effects? It’s not hand cuffs. I can also sell my rare baseball cards outside of ebay. But…