Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?
View from Seed
NOVEMBER 18, 2020
Everybody has known that for awhile, even without perusing a prospectus. But ops & customer support is another 17-20% of revenue and arguably you couldn’t run the business if you took that away. For what it’s worth, I suspect that Airbnb will continue to grow fairly rapidly and continue to redefine the lodging category.
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