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New business idea: people engaging in risky commercial enterprises (like, say, renting a valuable property on AirBNB) could pay into a central fund, which would
by Devthrowaway80 11y ago
New business idea: people engaging in risky commercial enterprises (like, say, renting a valuable property on AirBNB) could pay into a central fund, which would cover damages in rare but nasty circumstances like this. The amount they pay could be proportional to their expected loss, plus an extra fee to cover administration. That way you could pay a predictable amount per month and you'd be covered in the event of a disaster like this.
Silicon Valley, it's time to disrupt commerce - get on it!
- FeepingCreature 11y agohttps://www.airbnb.com/guarantee https://www.airbnb.com/guarantee oh look [edit] > The couple posted to Instagram saying that they were "thankful" to Airbnb for providing coverage under its Host Guarantee, which offers up to $ 1 million in insurance "in the rare event of guest damages which are not resolved directly with the guest."
- readme 11y agoSo, your new idea is insurance?
- woah 11y agoI think the idea is sarcasm