Airbnb

Friday

June 30, 2023

Has America checked out of Airbnb?

Airbnb is in trouble. Nick Gerli, CEO of real estate consulting firm Reventure, reports, “The Airbnb crash is real,” along with a list of the top ten cities where the company’s revenue has collapsed. “Watch out for a wave of forced selling from Airbnb owners later this year,” Gerli forbodes. https://twitter.com/nickgerli1/status/1673774695693385728 Last month the Wall Street Journal reported, “Airbnb reported higher revenue and profit in the first quarter, but customers reserved fewer-than-expected stays and the company gave a mixed outlook for the second quarter, spooking investors.” And while Investors Business Daily this week forecast “a new, more promising comeback attempt” for Airbnb stock, murmurings of an “Airbnbust” are hard to ignore.

Wednesday

November 21, 2018

Dominic Green

Airbnb’s boycott and Facebook’s child bride: the moral vacuum of the internet

A wise meme once said that you should never attribute to malice that which can be adequately explained by stupidity. If you want to know who said that, you can look it up online. But you don’t need to look it up online, because the internet has freed us all from the bonds of copyright law and common decency. If you did look it up online, you will find that this aphorism was originally popularized in the 1980s in The Jargon File, a computer programmers’ handbook. So needy were the nerds to avenge themselves on the physical world, source of their steamy-spectacled, spotty-faced humiliations, that they tossed this aphorism around without tracking down its source.