Unbundling New Markets: Who is Doing What Airbnb Did to Craigslist?

Written by reputio | Published 2020/05/17
Tech Story Tags: airbnb | craigslist | disruption | unbundling | unbundling-new-markets | startups | travel | sonder

TLDR Airbnb is a well-known Silicon Valley unicorn and it makes $2.9B in revenue. Airbnb is an offspring of Craigslist, often dubbed "the most universal answer to all problems of humanity" Craigslist has been unbundled in many platforms (Airbnb being one of them, as an unbundler of the short-term rental market), whose combined revenue is now almost 20 times bigger than Craigslist itself. Unbundling describes the process of fragmentation of an existing market into many smaller and independent components. In almost all cases of unbundling, technology has played a prominent role.via the TL;DR App

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Written by reputio | Covering disruptive stories
Published by HackerNoon on 2020/05/17