Chesky’s answer was revealing and optimistic – perhaps overly so. ‘When there’s a cool new business on the internet, that’s great,’ he said. ‘But when the internet moves into your neighborhood, into your apartment building, and you don’t know anything about it, suddenly people assume the worst and they have a lot of fears. ‘So there’s a couple of things you need to do. The first thing you need to do is grow really, really fast. You either want to be below the radar or big enough that you are an institution. The worst is being somewhere in between. All your opposition knows about you but you
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