Building a great business like Airbnb (ABNB 0.75%) doesn't happen overnight, but once it gets going, the growth can come almost automatically. For Airbnb, the added benefit is that free cash flow accelerates as the company grows.
In this video, Travis Hoium covers Airbnb's network effects and why this is such a difficult company to compete with. If management plays it right, there may also be a lot of growth ahead.
*Stock prices used were end-of-day prices of Oct. 30, 2023. The video was published on Oct. 30, 2023.
