A Look at AirBnB’s Business Model

The HFT Guy:

What’s wrong with AirBnb?

AirBnb is reportedly around 15000 employees with 3 billions in revenues.

They are as large as related conglomerates comprising tens of companies, except AirBnb is a single company running a single website!

They don’t even operate in as many countries or currencies.

Needless to say their strategy has been to burn as much VC cash as possible and hire has many employees as possible. A standard strategy to inflate valuation and raise even more money.