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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen3/21/2017 2:21:54 PM
   of 1084
 
Why Airbnb Is Way More Competitive Than Uber



So far, 2017 has been a non-stop PR headache for Uber, and that’s putting it mildly. From the online #DeleteUber campaign to explosive sexual harassment claims against the ride hailing company to the public discovery of Uber’s Greyball program, the company finds itself on uncharacteristically shaky grounds. And it’s not just Uber’s culture that’s under attack. Leaked financial information that Uber lost as much as $3 billion in 2016 reflects the difficulties Uber has faced in the ride-hailing market in the U.S. and abroad.

Nonetheless, Uber is one of the largest Internet marketplaces ever created — and it’s hitting a scale and maturity inflection point that would, for most companies, point toward a public offering in 2018.

Interestingly, Airbnb could head toward a similar trajectory, but these two young companies that have made incredible headway across the on-demand economy couldn’t be more different.

fortune.com

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