To be fair the loss in 2019 is largely attributed to the drastic increase in marketing spend, but also their increase in product development cost line item. Nei

To be fair the loss in 2019 is largely attributed to the drastic increase in marketing spend, but also their increase in product development cost line item. Neither of those increases led to a significant increase in revenue though. Makes me wonder what the 2020 story would have been without COVID. Personal bias makes me think Airbnb is here to stay and the marketing spend can definitely be cut back. The timeline to revenue growing back against their costs is probably 2 years with this pandemic though and that hurts anyone who is looking to invest and hold.