Airbnb co-founder Joe Gebbia is stepping down

Airbnb co-founder Joe Gebbia is stepping down


Joe Gebbia, co-founder of Airbnb and chairman of Airbnb.org, during South By Southwest (SXSW) festival in Austin, Texas, U.S., on Sunday, March 13, 2022.

Matthew Busch | Bloomberg | Getty Images

Airbnb co-founder Joe Gebbia announced Thursday he is stepping down from his role in the company.

The 40-year-old has been with the company since its inception in 2007 and will remain on the board of directors.

“After great consideration, I’ve decided to step back from my full-time operating role at Airbnb,” Gebbia said in a letter to employees. “The primary reason for this transition is that this is the only company I’ve ever helped build, and my brain is bursting with more ideas to bring to the world.”

This is a developing story. Please check back for updates.



Source

Air traffic control shortages add to U.S. flight delays
Business

Air traffic control shortages add to U.S. flight delays

The Hollywood Burbank Airport air traffic control tower stands on October 6, 2025 in Burbank, California. The Federal Aviation Administration (FAA) stated the airport currently has no air traffic controllers in its tower amid the ongoing federal government shutdown. Incoming flights are being delayed for over two hours, with control duties currently being handled by […]

Read More
What the government shutdown means for commercial real estate
Business

What the government shutdown means for commercial real estate

The sunset is reflected in the windows of the US Capitol as a man runs on the National Mall in Washington, DC, on October 1, 2025, the first day of the US federal government shutdown. Andrew Caballero-reynolds | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter […]

Read More
Gold prices keep rising, and jewelry companies are sounding the alarm
Business

Gold prices keep rising, and jewelry companies are sounding the alarm

Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has […]

Read More