ShareBetter SF
Category
General Information
Locality: San Francisco, California
Phone: +1 415-310-8616
Address: 558 Capp Street 94110 San Francisco, CA, US
Website: www.sftu.org/sharebetter-sf
Likes: 2546
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Facebook Blog
Se sabía, pero estudios como este tienen un gran valor para forzar una regulación estricta del alquiler vacacional a escala europea. Gran trabajo de Inside Airb...nb, aliado clave en la lucha anti-#turistització. ¡Gracias! #desturistització #PisosTurístics NO! https://www.eldiario.es//informe-muestra-airbnb-aumenta-al See more
Many of our allies featured in this story. Too bad more investors won't pay attention to the fact that governments can wipe out Airbnb listings faster than the company can add or replace them. And that's a huge hurdle on the company's indiscernible path to profitability, which is wholly dependent on the growth of listings. We remember the Dot Com Bubble. People claim "this time is different" because the companies going public are older and have actual revenue. Yes, but they also have staggering losses. In 12 years, Airbnb has booked only three profitable quarters. And there's no sign that record improves any time soon. #HotAirbnb
Rest well? We'd be losing sleep. The article appropriately calls out Airbnb's regulatory challenges because cities can wipe out the company's listings faster than it can add or replace them. Consider San Francisco, for example, where Airbnb had 8,500 operators until the city made it illegal for the company to collect its booking fees on rentals that were illegal. Today there are only 1,700 licensed operators, and not all of those are on Airbnb but list on one of its many comp...etitors. The IPO filing's discussion of the current status of its ten largest markets is deceptive and misleading. Airbnb claims, for example, that "San Diego does not currently impose any restrictions on short-term rentals." In fact, under current law, ALL short-term rentals in San Diego are illegal. There's a proposed ordinance kicking around to make some legal but it would effectively slash Airbnb's offerings in its ninth largest market by more than half. The number of U.S. and European jurisdictions looking to crack down on Airbnb is long and growing. Airbnb needs to retain and grow its listings to become profitable. (It's booked only three positive quarters in 12 years.) The regulatory headwinds are very strong.
The Airbnb IPO filing is misleading and deceptive. There's no discussion -- none -- of the number of illegal rentals on the company's roster, nor any disclosure of how much revenue it derives by aiding & abetting illegal STRs. There isn't even a breakout of how much money comes from "home sharers" renting spare rooms vs. commercial operators with hundreds of units. U.S. SEC really failed investors letting this one go to market. #HotAirbnb
Book your Airbnb NYE rental by Tuesday to avoid the "ban on party houses"! #CantMakeItUp #HotAirbnb
Nice timing, three weeks before an IPO. Bet Airbnb settles this one damn quick! #HotAirbnb
Since the Airbnb IPO filing was released on November 16th, more than a dozen U.S. cities and counties announced new crackdowns on STRs. Doesn't bode well for the growth of listings - already in decline - that are ESSENTIAL to the company's path to profits. #SellShort #HotAirbnb
Remember all the times Airbnb claimed it had an "insignificant" impact on the availability and affordability of housing? Well, it was all bull$hit. #HotAirbnb
Yeah, these are the numbers Airbnb needs for a big IPO. Not. #HotAirbnb
Yup. The notion that Airbnb is a tech company is just another myth. #HotAirbnb
"Another [@Airbnb employee] wrote that he would feel unsafe staying in an Airbnb or renting his home on the site because of the lack of a safety plan." Bad sign when your own staff doesn't trust your Trusted Community, isn't it @AirbnbHelp? #HotAirbnb https://nyti.ms/37PhnOy
@Airbnb is still the market leader, but we’re seeing competitors steal more share than we’ve ever seen That's the sentiment you want to see, heading into an IPO. #HotAirbnb
Where have all the locals gone?
This is an interesting development.
We've never seen a corporation with such poor customer service as Airbnb, as evidenced by the never-ending complaints from renters and operators. Think this explains the problem? #HotAirbnb https://www.propublica.org//meet-the-customer-service-reps
Portland citizens take Airbnbto the ballot, sure to be bullied by Airbnb Public Policy. Dare to struggle. Dare to win! #HotAirbnb
Awww. Another "home sharing" enterprise bites the dust. What a pity. Not.
When a corporation files an IPO application with the Securities and Exchange Commission (as Airbnb did in August), it triggers a "quiet period" that runs until the 40th day after trading commences. During that time, the company is prohibited from touting its business prospects. This sure seems to violate that regulation. #HotAirbnb
Airbnb throws its UK operators to the tax wolves, all to prop up its IPO and make its founders and investors even richer. The "trusted community" can't rely on an untrustworthy corporate sponsor. #HotAirbnb
Still waiting for the @Airbnb ban on party houses to kick in. #HotAirbnb
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