Re:Airbnb valued at $13B ahead of staff stock sale
by seanflyon on Monday October 27, 2014 @01:53AM
(#8514081)
> How many people are there that can raise $200 million to build a project. Not many.
First, you don't need many for competition; you just need a few. Second, there are lots of people who can raise a mere $200 million.
Re:Airbnb valued at $13B ahead of staff stock sale
by johnnybazooka on Monday October 27, 2014 @10:53AM
(#8515775)
"mere $200 million"
lol ok
Also, real estate in general is a very capital intensive industry, which takes out 99% of competition anyways. How many people are there that can raise $200 million to build a project. Not many.