Earlier quoted context omitted.
It's almost as if AirBnB's hosts and guests are bearing the externalities that should be priced into the transaction on both sides... For hosts, property damage, etc. is a matter of when, not if, and for those things you get insurance. But as far as I know that's not a standard thing for hosts. Pricing in hidden hosting costs would make hosting look less profitable up front, then AirBnB's market would shrink. For gue…
I wonder if the Airbnb team has ever thought about their profit and its relationship to the externalities you describe. As a customer, I've felt like I pay for something and then bear lots of risk if it goes wrong, but the discount often isn't sufficient to cover that risk. At the end of the day, it may still be a good thing for the temporary housing marketplace if people who want certainty (in general or just for th…
I'm convinced the majority of "unicorns" ignore (or actively dodge) externalities in favor of lucrative profits.