tomtunguz.com · 2018-10-04
· 2800d
What Does AirBnB's 'Shares for Hosts' Idea Imply for Blockchain?
Airbnb's proposal to grant equity shares to top hosts as an incentive mechanism mirrors the value-alignment benefits of blockchain tokens while avoiding regulatory complexity. The article explores how traditional equity distribution could defend incumbent network-effect businesses against crypto competitors and potentially spark broader adoption of equity incentives for non-employee stakeholders.
Metrics in this report
Share Conversion Rate
0.14percent
TravelZoo free share program: fewer than 1,000 of 700,000 recipients traded shares within 6 years
Stock Ownership Penetration
50percent
approximate
American households, as of 2018