Fascinating: I didn't realize Airbnb holds your money until you check in. How much do they make on the float? Way more than Paypal ever did…
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Replying to @benthompson
@monkbent Hard to make a whole lot of money on the float. Say $100M/day * 7 day average * 2% on float. Still just $14M/year.4 replies 2 retweets 11 likes
@monkbent (Whereas Airbnb is making about $3.6B/year in regular revenue at that point, assuming a 10% take.)
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