Airbnb is one of the success stories of the current dot-com boom. Valued at more than $10 billion, the company has rocketed its founders onto the Forbes billionaires list, even while negotiating fierce resistance from the hotel industry and the odd regulatory spat with local governments.
But one Airbnb boss denies that the service is even in competition with hotels.
Founded in 2008, Airbnb is a service that allows you to rent out your apartment or house for others to stay in. Airbnb VP of Engineering Mike Curtis was speaking at 4 Years From Now, a startup conference held in parallel to Mobile World Congress2015, an annual gathering in Barcelona of phone, tablet and wearable manufacturers and other mobile-related companies.
