Airbnb Clone Wimdu to Close Despite Having Raised More Than $90 Million
Photo Credit: An apartment in the Garden Hills neighborhood of Atlanta, Georgia, that was available on Wimdu, a vacation rental search brand that will shutter later this year. Wimdu
Skift Take
One ripple effect of startups like Airbnb raising enormous sums of funding is that it has become harder for smaller rivals to clone their models elsewhere in the world. While clones get a bad name, they do provide benefits to consumers in added competition.
