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Airbnb S-1

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Re: Airbnb S-1

#141

Post by jjj123 »

user5994461 wrote: post #109
rel2thr wrote: post #49

77% of nights booked were for entire homes ( not spare rooms ). I would have guessed this to be much higher, like 95+ or something. That’s interesting and I guess the big thing that makes this different than vrbo if they can grow the spare room side much more over time

I think the number is bullshit. They can't tell the difference between a room and a full home. At least that's my experience when I was trying to search on the site. There was little filtering available and the owners were listing their properties as anything.

Really? I’ve never had this issue and I’ve stayed in dozens of listings.

I’m sure this could vary by price/location though.

Re: Airbnb S-1

#142

Post by TedShiller »

marcinzm wrote: post #101
tallgiraffe wrote: post #77

Earlier quoted context omitted.

He's got a place to live, and food to eat, and he spends 200% of his time at work. At that point money is really just a thing that idles in the bank.

No, money is the thing you use to allow yourself to spend 200% of your time at work. Private tutors to school your kids so you don't have to. Cleaning services so you don't have to spend time cleaning. First class plane tickets so you can relax, sleep or work on the flight. Private driver or Ubers so you can work while driving places. A personal assistant to book travel, appointments and everything else mentioned so…

None of the items you mentioned cost much

Re: Airbnb S-1

#144

Post by newguy1234 »

hnburnsy wrote: post #23

Can anyone estimate what an investors in 2009 in Air BNB will get for an ROI post- IPO? I just looked and S&P 500 returned 426.134% with dividends reinvested through September 2020.

Enormous but keep in mind how many "failed" startups you would have to go through before finding an AirBnB type investment, especially early on.

Re: Airbnb S-1

#145

Post by [deleted] »

newguy1234 wrote: post #139
kart23 wrote: post #104

I like airbnb. They need to get better at weeding out fake/scammy listings, that tend to plague many online marketplaces where things can be listed for free. Maybe some in-person verification system, or a fee that gets refunded if you have a certain number of guests. There are plenty of listings with huge/exclusive homes, yet no reviews and extremely cheap prices. I don't know what people get out of these listings, b…

Easiest solution is to force new hosts to provide a "surety bond" to basically be an honest host. Maybe make them pay 10-25k lump-sum in cash. After a certain amount of guests have visited the offering then the money can be returned. If the host is a scammer then the money can be used to reimburse the guests for their troubles. The risk vs rewards under this system would discourage bad hosts from joining the platform…

[deleted]

Re: Airbnb S-1

#146

Post by conroydave »

elpakal wrote: post #134
carlineng wrote: post #112

A few random observations I found interesting: - Looks like they are significantly leaner now as a result of COVID. Cost of revenue is at an all-time low in Q3 (17% of revenue on p164). There's a lot of focus the drastic cuts to Sales and Marketing, but it looks like there's a fair amount of increased discipline across the board. - It's interesting that Operations and support looks to be very similar in both the firs…

I'm curious why you think AB&B qualifies as a "tech" company

they dont own the assets, their product is their booking technology

Re: Airbnb S-1

#147

Post by mym1990 »

elpakal wrote: post #134
carlineng wrote: post #112

A few random observations I found interesting: - Looks like they are significantly leaner now as a result of COVID. Cost of revenue is at an all-time low in Q3 (17% of revenue on p164). There's a lot of focus the drastic cuts to Sales and Marketing, but it looks like there's a fair amount of increased discipline across the board. - It's interesting that Operations and support looks to be very similar in both the firs…

I'm curious why you think AB&B qualifies as a "tech" company

Airbnb's main offering is its software and its ability to create a market between consumers and producers through that application. I imagine it is also a company that is heavily invested in its software engineering workforce and all the resources that support/flow from that.

To note, it feels like 'tech company' is a bit ambiguous these days and doesn't necessarily have great clarity.

Re: Airbnb S-1

#149

Post by gnopgnip »

newguy1234 wrote: post #139
kart23 wrote: post #104

I like airbnb. They need to get better at weeding out fake/scammy listings, that tend to plague many online marketplaces where things can be listed for free. Maybe some in-person verification system, or a fee that gets refunded if you have a certain number of guests. There are plenty of listings with huge/exclusive homes, yet no reviews and extremely cheap prices. I don't know what people get out of these listings, b…

Easiest solution is to force new hosts to provide a "surety bond" to basically be an honest host. Maybe make them pay 10-25k lump-sum in cash. After a certain amount of guests have visited the offering then the money can be returned. If the host is a scammer then the money can be used to reimburse the guests for their troubles. The risk vs rewards under this system would discourage bad hosts from joining the platform…

That would almost completely rule out people renting out a room in their home
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