Airbnb raises $1B at $31B valuation, became profitable in 2016

Re:Airbnb raises $1B at $31B valuation, became profitable in... by dragonwriter on Thursday March 09, 2017 @02:16PM (#13832211)

> However, when it comes to service or product quality, you can be almost entirely objective in its value judgment.

No, all assessments of value are subjective (and for most services involve subjective weighting of multiple different subjective quality factors.) And the mapping from an internal value judgement to a star rating is something which is a separate subjective evaluation, and one on which research has shown substantial cultural variation along ethnic and other lines.

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Re:Airbnb raises $1B at $31B valuation, became profitable in... by antisthenes on Thursday March 09, 2017 @04:32PM (#13833913)

While that may be true for other people, I have no trouble giving a purchased object a rating for its objective value (but I do excessive research on buying options beforehand). Even if the judgment is relative to other products, it can still be objective.

The rating may be inaccurate because you can only measure in full stars, but it'll still be objective and the inaccuracy is the fault of the rating system, not me.

Objective (adjective):

> (of a person or their judgment) not influenced by personal feelings or opinions in considering and representing facts.

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