[sperling75]

The hogging of VC funds by airbnb, uber, and many other not startups is super unhealthy for the startup ecosystem. The public markets will eventually punish these companies for valuations that lack transparency. Airbnb is on the way out with their current short term renting business in most large cities. It's illegal and the quality of service is suffering dramatically. Supply side quality is on the way down. Demand side quality is terrible too. To justify their valuation they are opening up the gates to terrible customers. I get it, they may go into other markets with all this money like the long term rental business or tours business or airline flights.. maybe hotels? Reality is they are not going to be great or better at any of these things than the current companies in those markets and certainly not by any significant degree to own the market.

[sperling75]

If you are down voting why not offer some opinion so it can be a discussion..

[untilHellbanned]

Upvoted but sadly you can't take YC prodigy and downvote. It's a lose-lose propositon kinda like staying in an airbnb. Say something nice about YC or don't say something at all.

[sperling75]

Small minded to think or act like a cabal

[untilHellbanned]

Small mindedness sadly doesn't prevent wealth and power accumulation. Depending on your view, YC or Trump both prove this.

[dlubarov]

I didn't downvote, but your claims could use some justification. What makes you think quality is declining? Personal experience? Second hand anecdotes? Media stories?

[sperling75]

Personal experience. It's fairly obvious if you have been using the service for any length of time in cities like SF, NYC, LA, Berlin, Paris, Barcelona, really any large city that has banned or curtailed the legal offering of the service. The result is you have a lot more people offering properties where it is banned leading to awkward situations for customers. The listings are not permanent and get removed as soon as they receive a bad review. There are no checks on host providers at all. I actually think it is not any better than craigslist at this point.