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buster
on June 18, 2015
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Airbnb reportedly raising $1B at $24B valuation
Of course, i know that. Also they do a lot in every country, they advertise, they help people, but still, they don't produce goods. They have a lot of customers.But they are still "just a website" after all.
cactusface
on June 18, 2015
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They broker transactions. The "good" they produce is the marketplace. eBay is just a website, they also broker transactions to create a marketplace.
robbiemitchell
on June 18, 2015
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Producing goods is often not as profitable as owning the market and taking a cut of every transaction.
Rainymood
on June 18, 2015
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By that definition, the early google didn't produce goods either ;) they provide a ~ valuable ~ service (the good)
jmngomes
on June 18, 2015
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I think the OT is referring to cases that don't have advanced technology as a competitive advantage...
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