> I heart Airbnb but the idea that it doubled in value in less than a year and is worth almost as much as say Marriott, which owns real estate, generated almost

> I heart Airbnb but the idea that it doubled in value in less than a year and is worth almost as much as say Marriott, which owns real estate, generated almost $2 billion in EBITDA in the past 12 months and returns cash to shareholders in the form of a dividend, is absurd. There is a good chance the traditional hotel companies will all be on Airbnb's platform sooner or later, hence the valuation you see here.