When you book on AirBnB you pay up front. But if you host on AirBnB you don't get paid until 24 hrs after a guest checks in. Your effectively giving AirBnB a loan every time you book. Times $20B in transactions. Are there any other businesses that command that kind of float?
— Joe Sweeny (@JoeySweeny) Feb 3, 2022
via Twitter https://twitter.com/JoeySweeny
February 03, 2022 at 08:01PM
No comments:
Post a Comment