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by tempsy
2466 days ago
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On the surface, I agree this is a strange PR tactic that hasn't been followed by any private company I can think of recently . I think it's entirely possible that they are doing this because they expect to have to deal with whatever legal/regulatory issues they face around the world that have been in a grey area since they started and this is basically an invitation to regulators to do something now so that regulatory risks won't be perceived to be this massive red flag to investors as they shop the IPO around. I'd for sure argue that regulation is Airbnb's greatest existential threat, especially at a time when we're all acutely aware of how expensive housing has become in urban centers where Airbnb makes most of their money. |
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