4 ms·
Wow, the financials are a little bit surprising (in how bad they seem to be, but in actuality might be okay) Amazing growth and story up to 2018 (only $20M los
by darkwizard42 6y ago
Wow, the financials are a little bit surprising (in how bad they seem to be, but in actuality might be okay)
Amazing growth and story up to 2018 (only $20M loss on $3.5B rev), clear investment in the marketing side that leads to the 2019 loss, but now curious if they can rebound when the world opens up.
Investing in Airbnb is definitely a bet on their model righting itself in a reasonable time frame. I wonder if their IPO price will have to reflect current realities instead of just future potential (given it probably won't improve its profitability for 2 years now)