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Honestly I think this just shows how disgustingly ridiculous Airbnbs spend rate is. In theory they should be able to shut down a ton of operational expenses lik
by tick_tock_tick 7y ago
Honestly I think this just shows how disgustingly ridiculous Airbnbs spend rate is. In theory they should be able to shut down a ton of operational expenses like advertising, customer support, etc and weather a storm like this with a combination of cash on hand and limited loans but their determination to light ever dollar they get on fire means they might go under.
- tmh79 7y agoIf the demand crash is transitive, then it would cost a lot to rebuild all of those things. They've definitely done the math. The reality is this is a very expensive crises for them.
- icebraining 7y agoSo what you're saying is that it's disgustingly ridiculous that they won't fire a bunch of people?