Yes, companies grow exponentially indefinitely regardless of addressable market size.
I must work for an Airbnb competitor, or a large hotel chain. Because everybody knows that astroturfing on HN is the best way to stop a company dead in its tracks.
I must work for an Airbnb competitor, or a large hotel chain. Because everybody knows that astroturfing on HN is the best way to stop a company dead in its tracks.
I didn't say you were astroturfing, but I am curious what motivates you to create an account for the purpose of commenting on this story.
airbnb is a YC company, HN is a YC site, so it's easy to imagine that comments critical of airbnb wouldn't be taken kindly.
If you want a publicly traded comp for short term housing, look at Extended Stay. $1.2bn in revenue. About $500m in EBITDA. $4bn market cap. And it offers a 3% dividend yield.
As for my motivation, you want the truth? It's Friday night and my wife is out of town. I had a long week and instead of sleeping with one of her boring girlfriends like I usually do I'm trolling you on HN.
Which is why AirBnB's business is much better.