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I first heard airbnb story on mixergy, within 2 weeks I am in love with it, and here is my story: http://www.guotime.com/2011/06/how-airbnb-com-actually-does-things-that-dont-scale-and-succeed-with-a-scale/
I like airbnb the concept is good if you use reliable hosts, you also have to factor in the fact short letting and subletting is illegal in many cities like London, not to mention the neighbours will be PISSED off with strangers walking around with suitcases all the time.