Comment by slg

No mention of how this business was built on the back of people running illegal hotels. It wasn't hard work or passion that allowed these guys to become billionaires. It was finding a niche in the market that was regulated out due to a combination of valid consumer safety concerns and regulatory capture, targeting that market, ignoring the law when it didn't suit them, and getting large enough by the time the law caught up it was no longer politically feasible to kill the company. It is the same process that other tech companies have gone down such as Uber.