Oasis does not consider Airbnb a rival

While most people consider Airbnb the obvious leader in the field, Stanberry doesn’t necessarily see it that way. In fact, he’s not sure Airbnb is a rival at all. “What we do is pretty hard. No one has really done it yet, at scale,” he says. “It’s a lot harder to do what we do, and that’s why we’ve never raised venture capital, and it’s been more angel investors and hospitality investors.”
“This is not just building an app and signing up 2 million users the next day,” he adds. “There is a ton of execution in what we do, and that’s hard.”