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
  • @technocrit@lemmy.dbzer0.comEnglish
    27•10 months ago

    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

    • @erwan@lemmy.mlEnglish
      5•10 months ago

      It started this way tho, people renting a room or a couch in their home. Pretty quickly it became either full units or rooms in a share appartement with other AirBnB guests.