Harry Triguboff Quotes

Airbnb started with 'air bed and breakfast.'

Airbnb is undervalued.

No hotels have gone out of business because of Airbnb... Airbnb is not a perfect substitute for a hotel. We excel at different things.

Airbnb is a trusted online marketplace for people to list, discover, and book unique accommodations around the world. From a private room to a private island, we offer an entertaining and personal way for travelers to unlock local experiences and see their surroundings through the eyes of a local.

Technology has really created new markets. For instance, Airbnb has created a high demand for executive short-term and vacation properties. Even 10 years ago, it was hard to find tenants without newspaper ads.

Airbnb's genius was moving into cities and recognizing that millennials would want to go and maybe spend a vacation or visit some friends in an urban center.

There's competition everywhere.

The P2P marketplace extends into other markets where individuals are monetizing underutilized assets. Lodging is one example. Instead of finding a hotel room, in the sharing economy you can rent a spare room from a local resident.

We've invented a new marketplace. There was no easy way to rent a person's bedroom over the Internet or book a vacation rental over the Internet. There was no guidebook for us to turn to as we defined this new marketplace.

Alternative accommodations is a $100 billion-plus category.

There are hundreds of competitors in the direct marketing of computers. We have been very successful because of quality, price, service and the way we treat the customer.

Given Miami's unique role in Airbnb's roots, I'm particularly proud of how South Floridians have embraced home sharing as an opportunity to earn supplemental income and catalyze economic development in their communities.

As with any new and innovative industry, entrenched interests - particularly the hotel industry - have attempted to squash the home-sharing movement.

When you think about it, Airbnb is a great solution if your family is traveling with you on business and you need more space, if you're going for an extended stay, like a week plus. It's a great solution if you want close proximity to the work site and maybe there isn't a hotel across the street or whatnot.

There's this misconception globally that the platform is about property groups and big property owners renting out entire buildings full-time.

When we go city by city, country by country, the majority of our hosts, our owners, are simply renting out their spare bedroom.

Airbnb was born out of necessarity. Our rent went up. It was born out of a problem.

Rivalry is the life of trade, and the death of the trader.

The net neutrality game is to make everybody the same so that there's no difference and the prices are the same and if these Millennials got their way nothing would cost anything. But it's classic. This is a great illustration. Net neutrality is being stood upside down which is good because it's pro-competition, it offers customers options.

There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.

I don't think you're going to have one bank. Big companies aren't going to give us all their business. So they can pick and choose - by product, by country, whatever. We have major competition across every product in every place we operate.

The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise.

There is too much talk and gossip; pictures are apparently made, like stock-market prices, by competition of people eager for profits... All this traffic sharpens our intelligence and falsifies our judgment.

Competition is the hallmark of a free enterprise economy. For the past thirty years, however, corporate America has been doing everything it can to cut competition, with major corporations merging and consolidating at every opportunity.

Hollywood is a cottage industry involving a very small number of people, and around the edges are enormous numbers of people trying to get into it and work.