Airbnb: How to Move from Making News to Making Profits
Image from: Airbnb / Shutterstock Over the last 60 days, Airbnb.com has had its ups – like scoring VC funding, and its downs – including a barrage of negative press about customers’ bad experiences. So how does Airbnb go from making news to making profits? For starters, it should keep close tabs on its competitors. Consider Vrbo.com, another site focused on vacation rentals, albeit a bit more traditional than Airbnb.
AOL and Bebo – a sad tale told in data
AOL purchased Bebo, then a hot social network, for $850 million in March, 2008, with the hope of competing with Facebook. Sadly that was not to be. June 17th the story came to an end as Bebo was sold for somewhere between $2.5m and $10m to a private equity group. Of course, none of this was really news to Compete subscribers who have seen the clear trend in Bebo’s numbers