It'll be interesting to get highlights from David T. Still thinking about several fascinating exchanges between area business leaders and peers from #Czechia and #Slovakia at Friday night's International Business Partnerships Forum in #CedarRapids. I do have an idea for Brian Chesky, but before I offer my two cents, I want to quote Steve Jobs. I don't know how well Vrbo is doing, but clearly, there's no entry barrier. All admirable, but he could not overcome the first two problems: Airbnb is not in a growing industry, and the competition is intense.Įven if Airbnb replaces all hotels in the world, the industry itself barely surpasses the overall economy's growth rate. I have closely followed his actions since Airbnb went public. I was an early follower of Y Combinator, so I am familiar with Chesky's story. Chesky is capable and admirable, but I don't want to hold Airbnb stocks.Īs a growth stock investor, I look at three characteristics of a stock: (1) growth potential, (2) moats, and (3) competent executives. More upgrades coming this summer." Elon Musk even praised the efforts in the same thread. He recently published a list of improvement suggestions he received from Airbnb users on Twitter.
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