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A comment on Airbnb will up its penalty for hosts who cancel last-minute from $100 to $1k. Parent comment

Re:Airbnb will up its penalty for hosts who cancel last-minu... by mupuff1234 on Friday July 22, 2022 @11:52AM (#32193317)
But the DUI penalty doesn't go to some private entity, eventually it goes back to the public.

The Airbnb penalty goes to cushion Airbnb's pockets.

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Re:Airbnb will up its penalty for hosts who cancel last-minu... by ChrisLomont on Friday July 22, 2022 @11:59AM (#32193456)
>to cushion Airbnb's pockets

i.e., to their stock price, i.e., to investors, i.e., to pension funds both private and public (pensions are by far the largest AirBnB shareholders), i.e., it likely benefits the majority of the public (the majority of US households have stock exposure, quite often large pension funds or index funds - AirBnB is part of the Nasdaq 100, for example).

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