Airbnb's success story stands out in stark contrast to the struggles of other startups. Unlike Zillow's disastrous attempt at house-flipping, Airbnb has flourished for over a decade. Their revenue skyrocketed, tripling from $3.3 billion to nearly $10 billion. Even more impressive, they flipped profitability, going from annual losses of $4-5 billion to earning the same staggering amount. Perhaps the strongest indicator of their dominance is their resilient stock price. Unlike the post-IPO crashes
Remember back before Airbnb when this was just a free thing called couch surfing?
i mean couch surfing is guest and host being there and interacting with each other.
AirBnB is getting the flat for yourself for the time you rent it.
A big part of Airbnb used to be spending time with a host. It has since turned into just landlord via app.
why free when you can make money?