Your wife might not personally hire a Private Investigator to follow you around.But that doesn’t mean you’re not going to be outted by a Private Investigator.(Riccardo and other Couchsurfing users quoted in this article asked to be identified by pseudonyms.) On the business front, the crowdsourced hospitality site has been experiencing a rough patch lately.After a controversial transition to a for-profit model in 2011, which brought million in funding in the past two years, growing pains have set in.
In eight months using the service, Riccardo, who is 32 and works for an ad agency, has let eight visitors crash at his apartment, of whom he’s hooked up with five, for a 62 percent “success rate.” If you count the additional two who climbed into bed with him for a cuddle and then fell asleep, the percentage climbs even higher.
In October, layoffs claimed an estimated 40 percent of the staff, and CEO Tony Espinoza announced his departure — giving an opening to competitors like Be Welcome and Hospitality Club.
Although the company has initiated a doubling down on mobile, the experience of users like Riccardo might suggest another path to profitability. The almost decade-old Couchsurfing, which is available in 100,000 cities across the globe, is becoming the go-to hookup app for a certain class of young world travelers.
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