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I figured that’s what it was, TAM numbers in S-1 filings are always hyperbolic. AirBNB’s claimed TAM in their S-1 was over $3T. AirBNB TTM revenue (7/25-6/26)

I figured that’s what it was, TAM numbers in S-1 filings are always hyperbolic. AirBNB’s claimed TAM in their S-1 was over $3T. AirBNB TTM revenue (7/25-6/26) is $13.5B, which is 0.45% of $3T.

throwup238 1mo ago
“Imagine if we capture even just 0.5% of the market!” That feels very 2010s Silicon Valley. Simpler times.