October 27, 2016
New York recently passed a law banning apartment rentals for less than 30 days on Airbnb. This puts Airbnb on their heels not only because it significantly limits their New York inventory, but because it could create a ripple effect of political challenges for Airbnb across the globe. Therefore, repealing the law or overturning it in court is paramount for Airbnb — but it may not be easy. What is clear is that other start-ups can learn from Airbnb’s mistakes – take regulation seriously, don’t underestimate the opposition, understand what grassroots abilities you truly have and can truly mobilize, and — whether as a compromise or as a fight — approach the risk properly. Every issue, every jurisdiction and every company is different so there’s no one size fits all answer or approach….
Source: http://www.cnbc.com/2016/10/27/airbnbs-problems-are-bigger-than-new-york-commentary.html