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tarsinge
7 days ago
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OpenAI raises $110B on $730B pre-money valuation
Uber and Airbnb have network effects. You cant increase price when there is no cost in switching.
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cylemons
7 days ago
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I dont see how network effects applies to Uber/Airbnb because nothing stops drivers/hosts from listing their property in multiple such apps
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matusp
7 days ago
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People continue using Airbnb because that's where the properties are listed. And owners keep listing properties because that's where the users are.
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cylemons
7 days ago
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My point was that nothing stops hosts from listing their properties in AirBnb as well as a competitor. Unless AirBnb penalizes delisting or enforces price parity I guess?
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enos_feedler
6 days ago
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Do you understand network effects? It’s not hand cuffs. I can also sell my rare baseball cards outside of ebay. But…
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