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
I can’t believe people trust others enough to rent their house out like a hotel. I’ve already seen so many problems from this I can’t believe it’s still legal. My neighbor moved and they turned it into an AirBnB, some kids threw a party and left some trash out that poisoned my other neighbors dog. There’s a lawsuit, but the dog is still fucking dead.
I don’t know if I’ve ever been in an airbnb that’s actually somebody’s house. It seems like they’re mostly “investment properties” that people rent out. I’m sure that’s great for housing. \s
What does some kids leaving trash out have to do with air bnb?
Edit: didn’t read about how Airbnb insured property damage. But still, it’s hard to be responsible for the actions of others.