Airbnb's success story stands out in stark contrast to the struggles of other startups. Unlike Zillow's disastrous attempt at house-flipping, Airbnb has flourished for over a decade. Their revenue skyrocketed, tripling from $3.3 billion to nearly $10 billion. Even more impressive, they flipped profitability, going from annual losses of $4-5 billion to earning the same staggering amount. Perhaps the strongest indicator of their dominance is their resilient stock price. Unlike the post-IPO crashes
Also by doing and end run around regulations by pretending to be people just renting their house when they are away or giving rides to people going in the same directions. That is why they have names like ‘ride share’ instead of ‘contracted cabbies who drive their own cars’.