Airbnb (NASDAQ: ABNB) is a platform that allows property owners to rent out their spaces to travelers on a short-term basis. And according to one popular newsletter writer, this platform is doomed. 

Edwin Dorsey is the author of The Bear Cave, a newsletter with over 40,000 subscribers that seeks to expose "bad companies." In April, Dorsey highlighted Airbnb, saying that hosts on the platform are increasingly attempting to book travelers directly rather than pay money to Airbnb.

While some may be doing so, I believe Airbnb's business is much safer than Dorsey suggests. Here's why.

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Source Fool.com