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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.Today, each of the site’s 7 million members has a unique profile which reads like a personal ad, highlighting interests, locations traveled, details about their accommodations and, most important, references.This system allows friends you’ve made globally or locally to vouch for you and the unlikelihood of you being a serial killer.Nowhere does the profile state explicitly that if you are an attractive female traveler, you might skip the couch entirely and wind up in Riccardo’s bed, but it’s a good possibility.

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.encouraged to report other members who are abusing the site to our Trust and Safety team, who will take appropriate action, according to our policy, when Terms of Use violations are reported or observed.” Perhaps, but use of the site to find sexual partners (a practice known in some bro-friendly circles as “cooch surfing”) is nonetheless quite routine.“All of my friends, they love these stories,” Riccardo tells Business Insider over beers in a quiet bar in Midtown Manhattan. I’m like, ‘You know, whatever, we went out, had sex...’ They’re like, ‘No, no, no—tell me when she got there, where you went, did you kiss her, every single detail.’” We had the same questions.He accepts them based on their attractiveness “of course,” but physical appearance isn’t the only criterion.“I’ve seen cute girls that have boring pictures and I’m like, ‘You look boring, sorry.’ At the end of the day I’m going to spend three days with you.

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