A Quote by Harry Triguboff
We looked into and tested the Airbnb website and found the inquiries generated were at price points substantially lower than the market is prepared to pay us directly. It was clear that there were no real synergies between the level of our offering and what Airbnb clientele is looking for.
Related Quotes
There's always room for an operator like Airbnb, but it's quite a different thing to my serviced apartments. Airbnb is a different market - it has nothing to do with me.
The next wave of the social graph is empowering services like Airbnb and Lyft that give people the chance to have that physical interaction. People are more open to that because of Airbnb. Airbnb took couch surfing and took an additional step.
We actually distribute using AirBnB because they're the vacation management company and they distribute us, which is why AirBnB is also a small shareholder in our company.
We started Airbnb because, like many across the U.S. and in New York, we were struggling to pay our rent and decided to open up our living room to fellow artists coming to town for a design conference. Sharing our apartment allowed us to stay in our home and start our company.
No hotels have gone out of business because of Airbnb... Airbnb is not a perfect substitute for a hotel. We excel at different things.
Early investors in Uber and Airbnb, though they remain private companies, have valued them at stratospheric multiples based largely on the notion that Uber will transform and dominate local transportation and Airbnb will revolutionize the hotel industry.
Auctions typically are an opportunity for you to be able to acquire what you're looking for at a lower price; typically, the auctioneer sets the opening price at much lower than the retail price and certain interest develops and as more people come in it drives the price up.
Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.
For many years the stakes were clear. There were the Arabs attacking us and us defending ourselves, so basically there were no real problems [between the United States and Israel]. Now there are many small cells, and each of them can destroy on their own. Some can arrive at New York and kill thousands of people.
AirBnB happened because Brian Chesky couldn't pay his rent, but did have some space.
Tech stocks were the cubic zirconium of the market. They looked good and were sexy, but they just were a way for the company selling them to make money. That's always going to be transient in terms of the stock market. What's real is that companies have to compete. Technology used well is a great tool to enable that if only because most companies dont use technologies well.
Airbnb has proven that hospitality, generosity, and the simple act of trust between strangers can go a long way.
Filecoin is a decentralized storage market - think of it like Airbnb for cloud storage - where anybody with extra hard drive space can sell it on the network.
Even though I had accomplished something astronomical, I looked to my friends who had founded Dropbox and Airbnb, and thought, 'I could've done better.'
My parents were both very frugal, and I think they're responsible for my attitude of always looking for good value, especially in my work. In a way, sports betting is like a big game of 'The Price Is Right:' just like I'd pay $3 for a Coke Zero but not $4, I'd lay three points on the Bears-Packers point spread but not four.
During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical economics. A standard message was to increase labor market flexibility. The not-so-subtle subtext was to lower wages and lay off unneeded workers.
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