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by brd
4468 days ago
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It doesn't surprise me at all that AirBnB is doing another round. I'm sure they want to stay as opaque as possible while the regulatory landscape settles into place. Going public would force a lot more transparency and potentially weaken their negotiating position. As for people doubting their valuation and comparing it to hotels; keep in mind that hotels have no way to scale the way AirBnB does, nor can hotels cater to niche geographic areas the way AirBnB does. It is not a stretch to see AirBnB becoming the defacto start when searching for a place to stay and if that happens, hotels may find themselves subordinate to AirBnB. |
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