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
  • @MeThisGuy@feddit.nlEnglish
    2•10 months ago

    the problem is already in the word itself… capitalism

    aka to capitalize on someone else’s problems\misfortunes

    • shrugsEnglish
      0•10 months ago

      Capitalism is a tool. Without it, we wouldn’t have cars, smartphones and so much more.

      The problem is that we started to let the tool decide what is important. And since for them profit is more important then people, we are fucked.

      Is a hammer generally bad because it can crush your fingers?