Dare Obasanjo on Nostr: Timing and luck can be everything. I sometimes think about the fact that AirBnB is ...

Timing and luck can be everything. I sometimes think about the fact that AirBnB is profitable while Uber isn’t is because at a crucial juncture, the #DeleteUber controversies sprang up and VCs invested in Lyft which was close to failing.

So instead of a profitable gig economy monopoly like AirBnB we have an unprofitable gig economy duopoly with Uber & Lyft.

It really goes to show the difference competition makes. Would AirBnB get away with such high cleaning fees otherwise?