A bit more on Spotify, and then the lessons to be learned by Uber and Spotify. Plus, a potential Uber-Waymo partnership, and why they company will likely sell-out in Southeast Asia.
Catching up on a story that intrigues (Airbnb), a story that raises eyebrows (Apple), and another that seems to have finally reached its conclusion (Uber’s board disfunction)
Opposition to Airbnb is often chalked up to regulatory capture, but it’s not clear that is the case, as illustrated by both the FCC and Uber.
Airbnb CEO Brian Chesky had a Twitter Q&A on Christmas, which is a terrible idea for product development but an interesting insight into the power Airbnb derives from owning users. Might that be applied to flights? Then, more on Apple and China.
There is a lot of news about the Chinese travel space, particularly Ctrip’s acquisition of Skyscanner, but given the nature of travel it is news that resonates globally.
Airbnb is raising money, and if you view them as an OTA competitors, the valuation makes sense. Still, the company needs to address its externalities problem, and hotels could help.
The disruption caused by the Internet in industry after industry has a common theoretical basis described by Aggregation Theory.
Netflix has a lot more in common with Uber and Airbnb than you might think: it all comes back to the Law of Conservation of Attractive Profits, a core principle of disruption
Yesterday’s discussion of Airbnb was in part focused on the broader implications of the sharing economy. Truthfully, though, Airbnb deserves more attention for its externalities — it is in many ways more radical than Uber. It’s also not clear it will work in every culture.
Then, a brief discussion of Paypal and Xoom and how different degrees of trust require different types of business models.
Airbnb gets less press than Uber, but in some respects its even more radical: understanding how it works leads one to question many of the premises of modern society from hotels to regulations. It’s an important marker in the Internet Revolution.