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A comment on Airbnb raises $1B at $31B valuation, became profitable in 2016. Parent comment

Re:Airbnb raises $1B at $31B valuation, became profitable in... by MichaelGG on Thursday March 09, 2017 @12:54PM (#13831197)
Isn't that why AirBnB is pushing the Instant Reservation system really hard?
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Re:Airbnb raises $1B at $31B valuation, became profitable in... by supernovae on Thursday March 09, 2017 @02:06PM (#13832059)
Nah, that's mostly to reduce the long tail of rentals.. in some cases it takes months to turn a person into a customer and book now/instant reservation helps shorten this cycle and reduce off platform fishers/scammers.
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Re:Airbnb raises $1B at $31B valuation, became profitable in... by andor436 on Thursday March 09, 2017 @10:41PM (#13836172)
And it helps address the racism issues they've been having trouble with.
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