Airbnb struggled initially because they underestimated the
market competition, pricing strategy was off, and their marketing efforts were insufficient. Additionally, regulatory issues and trust problems with hosts and guests almost led to their downfall.
5
answers
GangnamGlamour
Sat Mar 08 2025
Airbnb faced a critical juncture in 2009 when it was on the brink of collapse.
Lorenzo
Sat Mar 08 2025
BTCC, on the other hand, is a prominent
cryptocurrency exchange that offers a range of services.
KpopStarlight
Sat Mar 08 2025
Despite its launch, the startup struggled to gain traction and barely anyone took notice of its existence.
Lorenzo
Sat Mar 08 2025
The company's weekly revenue remained stagnant at $200, indicating a lack of growth and expansion.
EthereumElite
Sat Mar 08 2025
This financial situation was particularly challenging for the three young founders who were sharing the meager earnings while living in San Francisco.