What does a website platform need $850 million more for? 1. I'm sure their staff costs are massive. They have offices around the world, yet the one they hire m

What does a website platform need $850 million more for? 1. I'm sure their staff costs are massive. They have offices around the world, yet the one they hire most for is in SF, one of the most expensive places in the world. 2. I'm also sure there's a fair amount of pet projects going on which are not essential or even important to the business. If you look at their departments page [1], you see they have a whole lot of departments, some of questionable impact on the business. I also heard they also have their own machine learning group that they are looking to grow. This and a whole lot of other things that you'd expect in cash-printing tech giants like Google or Apple but not startups like Airbnb. 3. They even recently launched their own in-house design studio [2] So yea, $850m is a lot of money but given their expenses I'm sure it'll be gone in no time. And since you made the comparison with Tesla: Look at Twitter. Where is their money going? They compare to AirBnb as AirBnb compares to Tesla. Their product is a glorified website that displays 140 character messages. They have raised about $750m in VC, 2.1b in their IPO and their quarterly revenue is about 600m. As Peter Thiel said, there must be "a lot of pot smoking going on"... [1] https://www.airbnb.com/careers/departments https://www.airbnb.com/careers/departments [2] http://www.dezeen.com/2016/08/05/airbnb-launches-internal-design-studio-samara-future-house-prototype-yoshino-cedar-house/ http://www.dezeen.com/2016/08/05/airbnb-launches-internal-de...