Re:Airbnb and security camera disclosure
by paulcole on Wednesday January 16, 2019 @12:24PM
(#18922736)
> Now, it's many slumlords just trying to make a quick buck rather than support the original community idea or provide a great stay.
This is basically the Etsy playbook. Have a good model that doesn't scale. Back yourself into a corner by taking VC money and end up having to do the opposite of what made your service good in the first place to keep growing your platform.
Just like there are only so many people making actual handmade goods, there are only so many homeowners looking to host guests.
Fortunately, there is a never ending stream of Chinese-made trinkets and garbage just as there is a never ending stream of slumlords (oops, property investors) looking to make a quick buck.
This is basically the Etsy playbook. Have a good model that doesn't scale. Back yourself into a corner by taking VC money and end up having to do the opposite of what made your service good in the first place to keep growing your platform.
Just like there are only so many people making actual handmade goods, there are only so many homeowners looking to host guests.
Fortunately, there is a never ending stream of Chinese-made trinkets and garbage just as there is a never ending stream of slumlords (oops, property investors) looking to make a quick buck.