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
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.
Yeah that’s why inviting strangers into your home unsupervised is stupid.