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Not all loses are equal. AirBnb is in a good position to remain market leader at the end of the decade

September 12, 2022
< 1 minute

Strategy | Business Models | Tech

Current investors’ calls and interviews revealed that Snap’s main client for 2018 and 2019 was…TikTok, which invested billions in customer acquisition.

I never understood why software companies wanted to developed hardware products, a bet that ended up with hundreds of millions spent, if not more than one billion.

On the other hand, AirBnb is in a much better position to still be the market leader at the end of this decade; not sure about Snap though…

 


Net loss of AirBnb vs Snap (2017-2021)


 

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