51–60 of 174 posts
Why all the recent IPOs?
1) Impending recession 2) Not enough IPOs so lots of investor interest to deploy capital into something ( (thus driving up the price, making it more attractive for startups) 3) We're near the end of a 7~10 year cycle where lots of private VC capital was deployed and needs to be returned 4) 500 private investor maximum SEC rule
As Airbnb is getting banned across cities in Europe and locals are beginning to hate on it + staled growth it's about the time to hand the equity over to public investors and cash out. I'm not very bullish on Airbnb, I used to practically live in Airbnb for over 3 years, but for the last 2 years I haven't even logged in and been only using booking.com. I remember years back in London an Airbnb host that wasn't even t…
> I'm probably missing something, but I think the company is going down and they're pulling an exit scam. AirBnB is doing fine. They've posted healthy profits for the past few years, which is more than can be said of nearly every other tech/startup company that has announced an IPO recently (Uber, Lyft, Pelaton, WeWork, Cloudflare, Slack, Postmates, and Pinterest are all unprofitable).
It seems the regulatory product lifecycle is that AirBnB enters a new market, and then some time later that market starts to regulate and restrict it. How many new markets does AirBnB have left to exploit regulation?
Earlier quoted context omitted.
There are a non-trivial number of signs of a recession coming up this winter/2020. E.g. https://www.cnbc.com/2019/09/02/heres-a-list-of-recession-si...
If everyone thinks there's going to be a recession, wouldn't that mean that would be priced into the IPO price? ie. if you think that there's going to be a recession in 3 months, you wouldn't plow a boatload of money into an IPO.
As Airbnb is getting banned across cities in Europe and locals are beginning to hate on it + staled growth it's about the time to hand the equity over to public investors and cash out. I'm not very bullish on Airbnb, I used to practically live in Airbnb for over 3 years, but for the last 2 years I haven't even logged in and been only using booking.com. I remember years back in London an Airbnb host that wasn't even t…
Can relate. I used to use AirBNB exclusively. I hated hotels with a passion. Maybe I just got older. Maybe Booking.com got a lot better. Maybe AirBNB got worse. I'm not sure what it is, but now AirBNB is always my last resort.
Now, with 300+ reviews, it's, sad, and maybe I was part of the change because I rented places and lived 50/50 in different parts of the world and it was possible w/ airbnb and I only tried to be cost negative.
Earlier quoted context omitted.
> I'm probably missing something, but I think the company is going down and they're pulling an exit scam. AirBnB is doing fine. They've posted healthy profits for the past few years, which is more than can be said of nearly every other tech/startup company that has announced an IPO recently (Uber, Lyft, Pelaton, WeWork, Cloudflare, Slack, Postmates, and Pinterest are all unprofitable).
Revenue is a better thermometer than profits here, especially since most startups leading up to an IPO manipulate their profits into looking great. It seems the regulatory product lifecycle is that AirBnB enters a new market, and then some time later that market starts to regulate and restrict it. How many new markets does AirBnB have left to exploit regulation?
They're clearly not - or if so, they're doing a pretty bad job at it, because most big-name tech startups that have announced IPOs have posted a track record of losses, not profits.
Earlier quoted context omitted.
You keep saying this, but you can’t possibly know it unless you have inside knowledge. So either state your source or just say that you’re guessing.
The source is Airbnb themselves saying they have been EBITDA profitable for 2 years now - which is a very strong and verifiable claim for once they do go public. https://techcrunch.com/2019/01/15/ahead-of-ipo-airbnb-achiev...
Earlier quoted context omitted.
1) Impending recession 2) Not enough IPOs so lots of investor interest to deploy capital into something ( (thus driving up the price, making it more attractive for startups) 3) We're near the end of a 7~10 year cycle where lots of private VC capital was deployed and needs to be returned 4) 500 private investor maximum SEC rule
Could you elaborate a bit on the cycle part. Why is it a cycle at all assuming money gets invested all the time instead of once-a-x-years?
Earlier quoted context omitted.
> random people are trying to manage 15+ listings in many cities. They're just normal professional hotels / hostels / BNB now > 'adventure' given by some random guy with no professional experience. The tour I went on was with actual professionals Point being, Airbnb may be same feature wise, but the offerings have become more professional, which for me personally defeats the purpose of Airbnb.
Airbnb has the benefit of a much better UI and UX compared to several over hotel aggregators like booking.com or expedia, or even domestic ones here in Japan like rakuten or jalan. The only thing that annoys me the Airbnb booking experience, is that it's not really a booking, it's putting in a booking request and then waiting for the owners to approve. Compared to regular hotels.
While AirBnB might be pleasing on the eyes, Booking's UI is optimised for conversion. The benefit of "better UI and UX" is arguable here if it does not result in more $ for the business. Specially if they want to compete in the public market.
Disclaimer - Ex-Booking.com employee
As Airbnb is getting banned across cities in Europe and locals are beginning to hate on it + staled growth it's about the time to hand the equity over to public investors and cash out. I'm not very bullish on Airbnb, I used to practically live in Airbnb for over 3 years, but for the last 2 years I haven't even logged in and been only using booking.com. I remember years back in London an Airbnb host that wasn't even t…
I had the same bullshit happen to me a month ago in Hawaii.
More specifically the owner waited for the period where I can cancel to be over before demanding that (among other rules which were reasonable).
When I did not answer his message (I was considering my options, I have no intention to lie for a stranger), he contacted airbnb support who contacted me.
I explained that asking me to lie for him was ridiculous and I that I was ok with a full cancellation. The airbnb support then pressured me to keep the reservation.
The vacation was awesome but this place was pretty meh.
The same kind of issues happened later in Los Angeles.
That's just anecdotal, but I feel that the quality of the experience on Airbnb has really worsened for me in the past 1 or 2 years.
Too many people that (poorly) operate multiple airbnbs at the same time.
As far as I am concerned, hotels are back as my plan A. The prices are comparable with Airbnb in most cases and the experience is WAY less of a headache (no need to search for the keys for 2 hours because the owner tries to hide that there is an airbnb there ...).
Earlier quoted context omitted.
Airbnb has the benefit of a much better UI and UX compared to several over hotel aggregators like booking.com or expedia, or even domestic ones here in Japan like rakuten or jalan. The only thing that annoys me the Airbnb booking experience, is that it's not really a booking, it's putting in a booking request and then waiting for the owners to approve. Compared to regular hotels.
> Airbnb has the benefit of a much better UI and UX compared to several over hotel aggregators like booking.com While AirBnB might be pleasing on the eyes, Booking's UI is optimised for conversion. The benefit of "better UI and UX" is arguable here if it does not result in more $ for the business. Specially if they want to compete in the public market. Disclaimer - Ex-Booking.com employee