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Joe Gebbia is stepping down from Airbnb

9 pointsby jimmy2020almost 3 years ago

1 comment

glauconalmost 3 years ago
Could we all just pause to appreciate the, apparently unintended, irony in this narrative ?<p>It starts with an inspiring story about how a steep rental increase drove JG and friends to start AirBnB. Fast forward 15 years and now AirBnB is a significant factor in ensuring that &quot;normal&quot; people who just want to &quot;live&quot; in places can&#x27;t afford to rent places to live.<p>AirBnB has been a significant win for its owners and, for many, landlords but, anywhere which might be considered a tourist destination, it&#x27;s driven rental prices to artificial highs bypassing local taxes and regulations on hotels in the process.