Airbnb Coronavirus Situation ( Airbnb Business ) | My First Million Podcast

Name: Airbnb Coronavirus Situation ( Airbnb Business ) | My First Million Podcast
Uploaded: 2020-03-31T00:00:06+00:00
Duration: 19 s
Channel: Sam Parr
Description: In this excerpt from the My First Million podcast, host Sam Parr talks about his personal connection to Airbnb through his wife’s employment, and…

31 Mar 2020 · 0 min

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In this excerpt from the My First Million podcast, host Sam Parr talks about his personal connection to Airbnb through his wife’s employment, and reflects on the company’s situation during the early COVID‑19 pandemic. He references a recent talk by Airbnb CEO Brian Chesky, who highlighted the company’s history of surviving crises (the 2008‑09 financial crash), his recent conversation with former President Obama, and the firm’s preparedness for travel‑industry disruptions. Parr expresses frustration about shareholder expectations surrounding Airbnb’s upcoming IPO, worries that the market may be disappointed, but ultimately conveys cautious optimism that Airbnb will rebound once the pandemic eases.

Right, my wife works at Facebook. Brian Chesky gave a big talk the other day.
Airbnb.
Uh, what did I say? Facebook. Oh, she used to work at Facebook. She works at Airbnb now. Uh, Brian Chesky gave a talk because it's not good, obviously.
Yeah, they're in the travel space.
They're in the— it's not good at all because they're going to go public and our family was expecting a nice little right, you know, it would have been whatever. Uh, anyway, um, yeah, shareholders, I'm very upset, but I think it will bounce back. And Brian gave a talk the other day, he goes, just everyone think about this, we started this company in 2008, okay? We have been through this, we have planned for this, we expect, we already know what's going to happen. He goes, I just spent an hour on the phone with Obama. And we talked, and he like was like kind of making in a cool way. And he goes, uh, he was like, I— we, we plan for this. Not this, but we plan for— we know what happens to travel industry when bad things happen. And he goes, we thrived in '08 and '09. You know, we were just getting started, but we started on paper the hardest time. He goes, we will get through this. It can work. And let's just work together and execute. And will come out on the other side. Fucking fingers crossed, man.
Yeah, that's, uh, that's great. You know, it's actually— it's good for all businesses if, you know, the more businesses that survive and thrive, uh, the better, because the whole economy gets impacted by it. So, um, yeah, rooting for that to happen.