Airbnb IPO
- Thread starter 88m3
- Start date
these companies are just a way for investors to cash outDamn, why'd no one comment in this thread? I was about to make a thread about BuzzFeed's IPO butmaybe not.
Yeah. I was watching the Mark Cuban documentary and how fleeced Yahoo with the AudioNet/broadcast.com thing [I actually I wouldn't say fleeced, it ws a pretty good idea back then it's just Yahoo grossly overpaid and didn't know what to do with it]. Pretty hilarious. I just want to know if there's a way how us more "knowledgeable" people who know what the jig is, could somehow profit from this
Domingo Halliburton
Handmade in USA
that's just about every move they make. Overpay and don't know what to do with it
I think a lot of people don't know what "value" is in this e-economy
Unless you make tangible products, you'll never truly make shyt people can substantiate legitimate gains...only so long you can maintain that run without it translating into something that transcends the e-world.
Domingo Halliburton
Handmade in USA
What are they valuing this IPO at? and did someone say buzzfeed is doing an IPO? 
we really are in another tech bubble
we really are in another tech bubble
so would it be smart to buy early then sell same day or next day? Idk how these things work
it's a shyt service. don't buy at all
ill
Superstar
Airbnb is an awesome service with tremendous growth potential very similar to Uber. The major risk is regulation and the hotel lobby coming in for the kill. I think its a risk that most don't factor correctly in the valuations.
88m3
Fast Money & Foreign Objects
If things go poorly especially some of these large markets I can see things grinding to a halt.
I actually got to meet and talk with the founders at length last year, bright guys.
A lot of things have been changing with the service the last year.
How I feel about the company is complicated to say the least.
ill
Superstar
Just from personal experience I truly enjoy their service. I've used it about 10 times in Cali and Colorado. I've only had one issue but thankfully I used PayPal linked to an AMEX card so it got taken care of. Hotels need to re-evaluate their rates in major markets or Airbnb will continue stealing market share.
Plus, having an entire house is way nicer than a suite or hotel room.
88m3
Fast Money & Foreign Objects
Nice. I haven't used it to stay places but my mother uses it often, which to me says a lot because she's not particularly tech savvy. The range of people who use it is amazing to say the least and it has international appeal. I've had guests from all over the world. I have listings on a range of sites and I think it's great way to create a living for yourself outside of the typical ways of life people are forced into. What was the issue you had? Fake listing or? Hotels are dinosaurs at this point. Whenever I stay in a hotel it's a hassle more than anything. It's also really expensive a decent hotel is going to run you at least $300 dollars a night. If I were old and loaded out of my mind I guess I would feel differently.
The funny thing about the hotel industries fight in NYC is they are at record booking levels. Their greed is just utterly unbelievable to me. I think sites like airbnb should be able to list in major cities if a person owns the home. In talking to people it's the difference between them keeping their home. When it comes to condo's and apartments people are renting it becomes much more muddled in my eyes. The safety concerns are bad joke in my eyes though.
ill
Superstar
I had booked a mansion in Palm Springs for the weekend(had like 10 people so it was cheap) and when we got there the homeowner was like nahhh I'm selling my house but I've never posted it on a rental site. Basically someone took their pictures from the realtor and posed like they owned the house. $2k down the drain until I called PayPal and Amex and they stopped payment and gave me all my money back.