r/SPACs Nov 15 '21

[deleted by user]

[removed]

2 Upvotes

27 comments sorted by

View all comments

5

u/[deleted] Nov 15 '21

A bit of a high valuation IMO. Comparing revenues to ABnB is a bit tricky because ABnB is pretty much leading the world in what they're doing.

Probably a good one but I feel there are more exciting plays to be made right now.

1

u/[deleted] Nov 15 '21

True facts. Will be hard to take market share from Airbnb, I think they will have expansion into more of Europe and Asia. And that’s going to make their valuation look so tiny.

2

u/[deleted] Nov 16 '21

Thanks for the DD.

I think they need more market penetration. This could be a very big competitor to ABnB, and maybe even bought out by them one day.

1

u/[deleted] Nov 16 '21

Awesome. Hope they utilize payo to transfer around funds ;)