4 ms·
A $10 billion dollar company ought to be able to work that stuff out.
by gkop 12y ago
A $10 billion dollar company ought to be able to work that stuff out.
- mbreese 12y agoThey are valued at $10 billion. They don't have $10 billion. If NYC or SF decided to crackdown harder on Airbnb hosts, then that valuation would drop. However, if they can move into the slightly more predictable (and defensible) position of providing unique getaways, then they would be in a better position for when that inevitable crackdown does occur.
- gkop 12y agoAnother thing that might affect their valuation is whether or not investors believe Airbnb may grow to serve a universal market or just a niche market.