Posts filtered by tags: Brian Chesky[x]


 

Airbnb is suing a guest who threw a party after 3 people were injured in a shooting at the short-term rental

Airbnb says it will pursue legal claims and damages against a guest who threw a party at a Sacramento rental Saturday where three people were shot and injured. Airbnb says the guest booked the short-term rental under false pretenses, acted with negligence, and violated public health orders. The guest has been banned from Airbnb's platform. It will be the first time the company has taken legal action against a guest for breaking its policies. Visit Business Insider's homepage for more stories. ...
Tags: Nbc, North Korea, Sacramento, San Francisco, Trends, Airbnb, Brian Chesky, Northern California, Sacramento California, Breit, Ben Breit, Sacramento Bee Airbnb


Airbnb's revenue reportedly plunged 67% in the second quarter as COVID-19 wreaks havoc on its business

Airbnb's revenue plummeted 67% in the second quarter compared to the same period last year, according to Bloomberg. The steep drop-off is a reflection of the impact of COVID-19, which has restricted travel across the globe. The company reportedly brought in just $335 million in revenue during the period ended June 30, down from more than $1 billion in the same period last year. Visit Business Insider's homepage for more stories. Airbnb is feeling the impact of the COVID-19 pandemic — the shor...
Tags: Trends, Bloomberg, Airbnb, Cnbc, Brian Chesky, Bloomberg Revenue, COVID, Bloomberg Airbnb


Airbnb reportedly plans to confidentially file for an IPO later this month

Airbnb is reportedly planning to confidentially file its initial public offering paperwork later this month. The company had previously planned to go public this year, but postponed the effort when the onset of the coronavirus crisis crushed its business. Airbnb's business has started to rebound in recent months. The company is under pressure to go public this year, because some of the stock options held by some of its earliest employees are set to expire later this year if they aren't exercis...
Tags: Ipo, Trends, Airbnb, Brian Chesky, Chesky, Troy Wolverton


Insiders explain how $3 billion fintech unicorn Brex went from a $150 million raise to laying off 17% of its staff in a matter of days

On May 29, Brex, a three-year-old fintech that had skyrocketed to a $3 billion valuation, laid off 62 members, or roughly 17%, of its staff.  It had announced a $150 million fundraise less than two weeks prior. Among those cut was Paul-Henri Ferrand, Brex's recently hired COO, along with senior employees on the customer experience, compliance, and marketing teams.  Insiders revealed a fast-growing company that was already grappling with employee turnover and aggressive financial targets in ear...
Tags: Trends, Warren Buffett, Airbnb, Vancouver, Brian Chesky, Silver Lake, FDIC, Airbnb Twitter, Brex, Pedro Franceschi, Stripe Square, Paul Henri Ferrand Brex, San Francisco Salt Lake Valley Utah, Katie Biber


Buck up Your Company’s Appetite for Change

Sudden disruption is irritating. But as a CEO, you understand it’s part of doing business, and you press on. Accepting change doesn’t come naturally to everyone, though. Maybe you’ve experienced the fallout when employees couldn’t cope with quick changes. Performance drops, morale suffers, and resources are wasted. The effects trickle down to customers, too. Goods and services aren’t up to par, and new opportunities slip through your fingers. Keeping employees’ needs at the forefront of change m...
Tags: Business, Linkedin, Airbnb, Brian Chesky, Right Now, Don, Dinesh, COVID, Kissflow, Google Futurist Ray Kurzweil, Dinesh Varadharajan


Airbnb CEO Brian Chesky says treehouse and Airstream rentals are booming — and that it's a sign we're entering a more 'intimate' era of travel

The pandemic has not been kind to Airbnb. In May, the company laid off 25% of its global staff to keep business afloat. In a July 22 webcast with Reuters, CEO Brian Chesky said that despite setbacks, rentals outside of cities, particularly unique stays like treehouses and Airstreams, are "booming." Chesky attributed the recent surge in bookings to people wanting to get out of their houses and reconnect in a safe way. He says he's hopeful for a "new golden age" post-pandemic, predicting the ind...
Tags: US, Trends, Paris, Airbnb, Brian Chesky, Pittsburgh, Reuters, Travelers, Reuters Global, Petaluma, Chesky, Rob Cox, Gina Chon


Treehouse and Airstream rentals are 'booming' on Airbnb, and it's a sign that the future of travel will be more 'more private' and 'intimate,' CEO Brian Chesky says

The pandemic has not been kind to Airbnb. In May, the company laid off 25% of its global staff to keep business afloat. Despite setbacks, CEO Brian Chesky is "incredibly optimistic" about the future, he told Reuters in a webcast on July 22. Rentals outside of cities, particularly unique stays like treehouses and Airstreams, are "booming," he told Reuters. Chesky attributed the recent surge in bookings to people wanting to get out of their houses and reconnect in a safe way. He says he's hopefu...
Tags: North Korea, US, Trends, Paris, Airbnb, Brian Chesky, Pittsburgh, Reuters, Travelers, Reuters Global, Petaluma, Chesky, Rob Cox, Reuters Chesky, Gina Chon


Airbnb Criticized For Asking Its Customers To Donate to Their Past Hosts

"Airbnb has been in hot water with hosts since the coronavirus crisis began, since the company told hosts to refund guests who needed to cancel their trips due to the pandemic," reports Travel + Leisure magazine. "According to USA Today, the company spent $250 million in March to try to reimburse hosts for their cancellations plus a $17 million fund for Airbnb Superhosts, though the site reported $1 billion in cancellations, CEO Brian Chesky told USA Today." But some people strongly criticized...
Tags: Tech, Airbnb, Usa Today, Brian Chesky, Travel Leisure, Brianna Wu, USA Today Airbnb


Airbnb employees feel betrayed as 1,900 layoffs rip apart a company culture based on trust and loyalty

Airbnb is seeing a backlash from its employees, who are disappointed with how the company handled layoffs, according to The New York Times.  The company reportedly slashed the $800 million from its marketing budget, canceled freelancer contracts, and cut a number of important teams, including the safety team, which handles violent situations at Airbnb rentals, like shootings. While Brian Chesky, Airbnb's CEO, says he is optimistic about the company's future, employees said that the company has...
Tags: Europe, San Francisco, Trends, New York Times, The Times, Airbnb, The New York Times, Times, Brian Chesky, Chesky, Erin Griffith, Brian Chesky Airbnb


Airbnb unfroze its IPO plans thanks to bookings rebound, but the $18 billion startup has built its comeback on very thin ice (BKNG, EXPE, MAR, HLT, LUV, AAL, LMND, VRM, NCNO)

Airbnb has resumed preparations for an initial public offering, company CEO Brian Chesky told employees Wednesday. After being hit hard by the coronavirus crisis, Airbnb's business has bounced back, Chesky and the company have said. There are good reasons for the company to go through with its offering — the stock market has rebounded, recent tech-related IPOs have done well, and Airbnb employees run the risk that some of their options will expire and become worthless if the company doesn't de...
Tags: Ipo, US, Trends, New York Times, Hilton, Marriott, Airbnb, Southwest Airlines, Latin America, Expedia, Brian Chesky, American Airlines, Chesky, Troy Wolverton, Vroom, India Brazil


Airbnb Says Its I.P.O. Plans Are Back on Track

Airbnb has resumed its efforts to go public, despite significant damage to the home rental business caused by the coronavirus pandemic, Airbnb's chief executive, Brian Chesky, told employees Wednesday.
Tags: Travel, Airbnb, Brian Chesky


Brian Chesky says Airbnb's IPO is back on track. Here's why it might want to go public soon – and why it might want to hold off. (BKNG, EXPE, MAR, HLT, LUV, AAL, LMND, VRM, NCNO)

Airbnb has resumed preparations for an initial public offering, company CEO Brian Chesky told employees Wednesday. After being hit hard by the coronavirus crisis, Airbnb's business has bounced back, Chesky and the company have said. There are good reasons for the company to go through with its offering — the stock market has rebounded, recent tech-related IPOs have done well, and Airbnb employees run the risk that some of their options will expire and become worthless if the company doesn't de...
Tags: US, Trends, New York Times, Hilton, Marriott, Airbnb, Southwest Airlines, Latin America, Expedia, Brian Chesky, American Airlines, Chesky, Troy Wolverton, Vroom, India Brazil, Booking Holdings


Airbnb has reportedly told employees it's resuming plans to go public as business slowly bounces back

Airbnb CEO Brian Chesky told employees that the company is resuming preparations for an IPO, The New York Times first reported Wednesday and Business Insider confirmed. The company has said that it intends to go public sometime this year, but Bloomberg reported that the timeline could be pushed to 2021 as a result of the coronavirus pandemic. Airbnb, which was reportedly losing money even before the pandemic, saw business plummet as travel ground to a halt. But the company is also under pressu...
Tags: Trends, Bloomberg, New York Times, Airbnb, The New York Times, Wall Street Journal, Financial Times, Brian Chesky, Business Insider, Chesky, The Times Airbnb


Airbnb told employees it's resuming plans to go public as business slowly bounces back

Airbnb CEO Brian Chesky told employees that the company is resuming preparations for an IPO, The New York Times first reported Wednesday and Business Insider confirmed. The company has said that it intends to go public sometime this year, but Bloomberg reported that the timeline could be pushed to 2021 as a result of the coronavirus pandemic. Airbnb, which was reportedly losing money even before the pandemic, saw business plummet as travel ground to a halt. But the company is also under pressu...
Tags: Trends, Bloomberg, New York Times, Airbnb, The New York Times, Wall Street Journal, Financial Times, Brian Chesky, Business Insider, Chesky, The Times Airbnb


The 10 hottest startups attracting 'hidden investors' who are buying vested stock options from employees during the COVID-19 crisis

While many tech startups have reeled from the coronavirus crisis, some of them are still attractive to investors. A Silicon Valley company called EquityBee, which lets startup employees connect with investors who can help them exercise their stock options, said that 10 hot startups stand out based on data from its platform. EquityBee calls the financiers on its platform "hidden investors" who bet on startups they believe will do well when they are sold or when they go public. Investors and emp...
Tags: Spacex, UK, New York, San Francisco, Trends, Cisco, Paypal, Nasa, Ice, Peter Thiel, Silicon Valley, Andreessen Horowitz, Mars, Palantir, Brian Chesky, Databricks


From warehouses to office space, real-estate markets have been turned upside down. These are the winners and losers.

Offices, hotels, and malls were emptied by the coronavirus. While some are reopening, the disruption has created a new normal.  Big firms are rethinking office needs — and some commercial real-estate deals are being put on ice as financing dries up.  A surge in e-commerce, meanwhile, is fueling demand for warehouse space from companies like Amazon.  For more stories like this, sign up here for our Wall Street Insider newsletter. The coronavirus threw the real-estate world into disarray, as pe...
Tags: Amazon, Facebook, UK, New York, Texas, North Korea, Softbank, New York City, US, Trends, Atlanta, Brooklyn, Washington Dc, Peter Thiel, Manhattan, Brookfield


Grounded: The Future of Travel

Will the world start traveling again at the same pace, or will businesses discover the merits of virtual convening? Will the sharing economy ever fully recover? How does the cruise industry and low-cost leisure travel rebound in a world that demands social distance? Brian Chesky, Co-founder, CEO and Head of Community, Airbnb; Arnold W. Donald, President and CEO, Carnival Corporation & plc; Paul Griffiths, CEO, Dubai Airports and Shannon Knapp, President and CEO, The Leading Hotels of the ...
Tags: Travel, Brian Chesky, Paul Griffiths, Dubai Airports, Andy Browne, Carnival Corporation PLC, Shannon Knapp, Bloomberg New Economy, Arnold W Donald


“Travel, As We Knew It, Is Over,” But There Are Hopes Still | By Linchi Kwok

Airbnb co-founder Brian Chesky talked about the future of travel in a CNBC interview last week. He stated: "Travel, as we knew it, is over. It doesn't mean travel is over, just the travel we knew is over, and it's never coming back. It's just not." His statement made headlines last week, but he also suggested in the same interview:  "… travel is going to come back. It's just going to take a lot longer than, you know, we would have thought, and it's going to be different."
Tags: Travel, Cnbc, Brian Chesky, Linchi Kwok


Airbnb CEO says travel and short-term rentals will never be the same

"I will go on the record to say that travel will never, ever go back to the way it was pre-COVID," Airbnb CEO Brian Chesky said Sunday.
Tags: Radio, Brian Chesky


Airbnb CEO: Travel may never be the same

Airbnb co-founder and CEO Brian Chesky told Axios in an interview that global travel may never fully recover, and that he sees a future where people travel much more within their own countries, possibly for longer stays.
Tags: Travel, Brian Chesky, Axios


These are the 19 Airbnb execs rebuilding the company for growth and an IPO amid the biggest travel industry crisis in decades

2020 should have been a celebratory year for Airbnb, a time when founder CEO Brian Chesky took the company public in one of the biggest tech IPOs of the decade. Instead COVID-19 hit and devastated the travel industry and Airbnb was forced to trim about 25% of its workforce and bench some of its more ambitious moonshot plans. As the world begins to ease travel restrictions, Airbnb is expected to eventually bounce back to its former glory, if it can execute well. It is up to these 19 Airbnb exec...
Tags: Apple, Google, Amazon, Asia, Europe, Japan, Australia, Eric Holder, Ebay, Ipo, Africa, Disney, San Francisco, Trends, Hp, Spain


‘Travel as We Knew It Is Over,’ Says Airbnb CEO as Bookings Rise

With "zero marketing whatsoever," Airbnb is seeing travelers come back to the home-sharing platform, with levels equivalent to 2019 in a pre-pandemic world. "People are saying they want to get out of the house," Airbnb CEO and founder Brian Chesky told CNBC, which was first to report the news. "Although our business has not recovered,...
Tags: Travel, Advertising, Airbnb, Cnbc, Brian Chesky, Life After Lockdown


Zillbnb

[Editor’s note: Originally published on Not Boring, a weekly newsletter combining current events, strategy, finance and economics frameworks, and pop culture.] Ancient Athens With Modern Amenities Last year, my wife, Puja, and I decided to search for a house in Athens, New York, right across the river from the much trendier Hudson. We were ready to buy our first home, and the thought of spending the amount of money it would take to buy even a shoebox apartment in Brooklyn depressed us. So we dec...
Tags: Google, Amazon, Europe, New York, Featured, New York City, US, Ben Thompson, Radio, Brooklyn, United States, Athens, Airbnb, Little League, Pixar, Seattle


$3 billion fintech unicorn Brex went from a $150 million raise to laying off 17% of its staff in a matter of days. Here's what happened.

On May 29, Brex, a three-year-old fintech that had skyrocketed to a $3 billion valuation, laid off 62 members, or roughly 17%, of its staff.  It had announced a $150 million fundraise less than two weeks prior. Among those cut was Paul-Henri Ferrand, Brex's recently hired COO, along with senior employees on the customer experience, compliance, and marketing teams.  Insiders revealed a fast-growing company that was already grappling with employee turnover and aggressive financial targets in ear...
Tags: Trends, Warren Buffett, Vancouver, Brian Chesky, Silver Lake, Airbnb Twitter, Brex, Pedro Franceschi, Stripe Square, Paul Henri Ferrand Brex, San Francisco Salt Lake Valley Utah


From warehouses to office space, real-estate markets are being turned upside down. These are the winners and losers.

Offices, hotels, and malls were emptied by the coronavirus. While some are reopening, the disruption has created a new normal.  The coronavirus has provided the largest experiment ever in remote work. Experts say it will forever change our relationship with the physical office. Flex-space providers like WeWork, Knotel, and Convene, rental startups like Sonder and Zeus Living, iBuyer Opendoor, and brokerages including Compass and Redfin have laid off or furloughed staff.  Companies are also ret...
Tags: Amazon, Facebook, UK, Texas, Softbank, New York City, US, Trends, Brooklyn, Peter Thiel, Brookfield, Ibm, Silicon Valley, Airbnb, Victoria, Las Vegas


Airbnb's path to recovery is sending it on a collision course with vacation rental giant VRBO

Airbnb is seeing a surge in bookings, the company said on Thursday. Both the number of nights booked and the gross dollar value of those reservations are up year-over-year in recent periods. Its data indicates that travel is shifting toward local and traditional leisure destinations. Despite the rebound, the company has a long way to go to recover from the coronavirus crisis. Visit Business Insider's homepage for more stories. Airbnb may be on the rebound. After seeing its business fall off a...
Tags: Florida, California, US, Los Angeles, Trends, Airbnb, North Carolina, Brian Chesky, Vrbo, Smoky Mountains, Big Bear Lake, Troy Wolverton, Panama City Beach, Airbnb Airbnb, Airdna, Miramar Beach


Airbnb CEO Brian Chesky: 'We could have done so much more' on race

Airbnb CEO Brian Chesky acknowledged his company must do better on diversity.
Tags: Cnn, Brian Chesky


Airbnb says its business is bouncing back as lockdowns lift, but it could have a long way to go before a full recovery

Airbnb is seeing a surge in bookings, the company said on Thursday. Both the number of nights booked and the gross dollar value of those reservations are up year-over-year in recent periods. Its data indicates that travel is shifting toward local and traditional leisure destinations. Despite the rebound, the company has a long way to go to recover from the coronavirus crisis. Visit Business Insider's homepage for more stories. Airbnb may be on the rebound. After seeing its business fall off a...
Tags: Florida, California, US, Los Angeles, Trends, Airbnb, North Carolina, Brian Chesky, Vrbo, Smoky Mountains, Big Bear Lake, Troy Wolverton, Panama City Beach, Airbnb Airbnb, Airdna, Miramar Beach


The inside story of how $3 billion Brex went from raising $150 million to slashing staff in just 10 days. Here are the execs who are out, and what's next for the fintech.

On May 29, Brex, a three-year-old fintech that had skyrocketed to a $3 billion valuation, laid off 62 members, or roughly 17%, of its staff.  It had announced a $150 million fundraise less than two weeks prior. Among those cut was Paul-Henri Ferrand, Brex's recently hired COO, along with senior employees on the customer experience, compliance, and marketing teams.  Insiders revealed a fast-growing company that was already grappling with employee turnover and aggressive financial targets in ear...
Tags: Google, Amazon, Facebook, Softbank, US, America, San Francisco, Trends, Paypal, Barclays, Credit Suisse, Peter Thiel, Brazil, American Express, Goldman Sachs, Vancouver


Airbnb might not get much of a bounce from the rebound in short-term rentals

Airbnb may not get a big benefit from the recent rebound in short-term rental bookings. Much of the pick-up in activity is coming from vacation spots such as beaches and parks within driving distance of major cities. Airbnb rival VRBO tends to dominate the market for accommodations in those areas, Scott Shatford, the CEO of industry research firm AirDNA, told Business Insider. Longer term, Airbnb could still do well, though, in part because it enacted a much more guest-friendly stance during t...
Tags: New York, New York City, Los Angeles, San Francisco, Trends, United States, Airbnb, North Carolina, Brian Chesky, Vrbo, Big Apple, Carolina Beach, Big Bear Lake, Troy Wolverton, Myrtle Beach South Carolina, San Francisco While