You sent chesky to NYC. He didn't like the weather...
Airbnb's goal by the end of YC was to make $4000 per month. That was ramen profitable. $3500 for rent, and $500 for food. They hit it.
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Rent is pretty bad in that area - imagine how many more startups could survive, at the margin, if housing were not so messed up
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How many rentals was $4000 per month? (profit I assume)
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eh, not that much, TBH, according to what I've seen: biggest problem, by far, is simply lack of supply. STR's or not is fighting over crumbs
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really? you blame airbnb and not the NIMBYs that consistently vote to restrict new housing supply?! what planet are you on?
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The hotel lobby won the misinformation campaign, it looks like
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I visited that early loft, Brian had the graph on the wall in the bathroom $5k/mo!
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All great things start somewhere. Setting expectations like this helps with the fear. Thanks for sharing.
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