May 2, 2017 · 1 minute

Airbnb has settled its lawsuit with San Francisco in yet another sign that it’s the comparatively reasonable, cooperative, and all around less bro-y sharing economy giant compared to Uber.

Not only that, but Airbnb has caved to most of the city’s demands.

Airbnb has shown flashes of Uber-like behavior when it comes to dealing with regulators, tone-deaf ads and hiring semi-creepy political operators. But this kind of compromise is something that’s decidedly un-Uber. (Witness: The temper tantrum when Austin required driver fingerprinting.)

As we’ve written before, it’s also the one that is profitable. It’s the one that has expanded into hot markets like China in a more thought-out way. And-- not for nothing-- it has no major competitor in most markets. Airbnb also does not have a major technological inflection point coming in the next five to ten years as Uber does with self-driving cars.

And this is just the business comparisons of the two. This doesn’t begin to get into any of Uber’s years of scandals and potentially devestating lawsuit with Alphabet’s Waymo.

It’s been more than a year now that we’ve argued that Airbnb-- not Uber-- would be the largest US decacorn when the dust had all settled and everyone had finally… maybe?... actually gone public.

Some have speculated that this suit was wrapped up to better position the company for an IPO. I doubt it. Airbnb and Uber clearly share one thing in common: Putting off the IPO as long as possible. With a fresh $600m round of funding and a large $7.5 billion valuation to grow into and a core business that is reportedly profitable, Airbnb is the one US decacorn that can sit back and pick its moment.