Airbnb just added Another Million users with this update.

Summary

Sean discusses Airbnb's new service feature, predicting it will move toward on-demand services like Angie's List, not just high-end concierge experiences. He encourages service-based businesses with employees to list on Airbnb to leverage 'wage arbitrage' - profiting from the difference between employee wages and what guests pay for their services. This synergy play from Airbnb may put pressure on existing host-co services to innovate further.