I disagree with the comments here; they are orders of magnitude bigger than their nearest competitor. And that difference will only get larger. I think Facebo

I disagree with the comments here; they are orders of magnitude bigger than their nearest competitor. And that difference will only get larger. I think Facebook will succeed through acquisitions in the future and you can think of facebook.com as not relevant for everyone under 20. There is very rarely a reason to go elsewhere unless you want a hostel or hotel. AirBnB the brand is a virtual monopoly, I think even the founder virtually confirms as much in his How to start a startup talk... here is the text and a link. Q: One more question, the question is, in this particular situation with Airbnb, a lot of people think it is not necessarily a technology company, but more of a marketing company. Brian Chesky: Good question. I will answer the question with a story. Alfred Lin: Let me preface that question with a series of questions. Do you today have propriety technology? Brian Chesky: Yes. Alfred Lin: Do you have a moat? Brian Chesky: Yes Alfred Lin: Do you have network effects? Brian Chesky: Yes. Alfred Lin: Do you have pricing power? Brian Chesky: Yes Alfred Lin: Do you have a good brand? Brian Chesky: I think so . Alfred Lin: Are you a monopoly? Brian Chesky: I am not going to answer that one <audience laughs> https://clip.mn/video/yt-RfWgVWGEuGE https://clip.mn/video/yt-RfWgVWGEuGE