Mark Simpson argues Airbnb is deliberately shedding casual users after its IPO, keeping only engaged hosts and loyal guests. The company tolerates losing travelers frustrated by chores and tasks, prioritizing shareholder returns over growth.
Obviously when hotels and cruises and all about shutdown, people went to short term rentals and they naturally went to Airbnb because they're Brandon and positioning at the time. But now they're sort of going away from that. A lot of people are fed up of having to, you know, take the trash out when they at the end of their stay and all of those sort of things. And so I feel like with, with Airbnb, they know that people are leaving, but they're cool with that. The shareholders may not be cool with that because they've earned this really big valuation with the IPO and they're at the top of the mountain, so to speak, but they know that to trim the fat and what's going to be left is that there's going to be hosts on the platform that are going to be able to be just raven fans of Airbnb. That's what I firmly believe. And they will be matched up with guests who love the platform that are going to go and stay at other Airbnb host places.
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