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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.
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.
“I wouldn’t have this child without Massachusetts insurance,” my friend Margaret Monteith told me over Skype one December morning.
She was talking about the baby she expected in May, a somersaulting boy recently glimpsed, at the end of her first trimester, on ultrasound.
At the time that I met Margaret, she and her husband, a photographer and college professor, lived in New York; what they earned that did not go to rent, food, utilities, and student-loan payments went to premiums on a health-insurance plan that would never cover the comprehensive fertility treatment they needed.
Had Margaret and I talked about infertility’s challenges, we would have found a lot of common ground.
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My husband and I had been trying to conceive for three years at that point; we were patients at a reproductive endocrinology clinic in North Carolina, where we lived, but like Margaret and her husband had limited insurance coverage and burdensome student loans, and we thought we’d never be able to afford IVF.