I wonder if it is fair of me to pick on one company but I am simply so frustrated.
My wife and I decided to place our beautiful Sydney home on airbnb over the holidays to effectively pay for our holiday away. Simple concept and one that is made so brilliantly easy by the said company or so we thought.
I listed the house more than a week ago which was simple enough and had me singing their praise to whomever would listen but when 2 days passed without so much as an enquiry I decided to search to see the listing and it was nowhere to be found. I have emailed and called (office hours are very sketchy on their swithboard) and each time they tell me they can see my query logged but it’s technical and they are working on it. Do me a friggin favour
that was a week ago and it’s still not listed.
Here is the point I saw a number that valued this company at $14bn on IPO admittedly it could be $4bn I am working on memory. If this is a sign of how management are running what is no longer a startup then I don’t give this company much chance of survival. I recall reading that it already has a larger market cap than the Hilton Hotel Group. If that doesn’t smell of the dot bomb brand then I am probably high from the intoxicated valuations on Wall Street.