Airbnb Inc
European VCs urge tech start-ups to slash costs and extend the runway
skaman306 | Moment | Getty Images European venture capitalists are advising start-ups in their portfolios to cut costs and freeze hiring as economists warn that another recession is inevitable. Their counterparts in Silicon Valley are doing the same. Following a bumper 2021 that was full of IPOs and mega funding rounds, some of the most […]
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Start-up investors are warning of dark days ahead as boom times are ‘unambiguously over’
Sean Gladwell | Moment | Getty Images Slow your hiring! Cut back on marketing! Extend your runway! The venture capital missives are back, and they’re coming in hot. With tech stocks cratering through the first five months of 2022 and the Nasdaq on pace for its second-worst quarter since the 2008 financial crisis, start-up investors […]
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Sequoia coaches start-ups to cut costs or face a ‘death spiral’ amid stock market slump, bleak economic backdrop
One of Silicon Valley’s most successful venture capital firms doesn’t see the economy bouncing back anytime soon and is warning portfolio companies to tighten their belts in the meantime. In a 52-page presentation seen by CNBC, the Sequoia lays out a litany of risks making it harder for founders to raise money and operate. The […]
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Airbnb is closing its domestic business in China, sources say
Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb Inc., speaks during a news conference in Tokyo, Japan, on Thursday, June 6, 2019. Akio Kon | Bloomberg | Getty Images Airbnb is closing its domestic business in China, according to two sources familiar with the matter. The company is planning to tell employees in the […]
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Expect a rally Wednesday if there’s good news from retail giants and China, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday’s trading session will go. If we get more good news from China tonight “along with fine quarters from Target and Lowe’s … we’re going to have another one of these […]
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Cramer’s lightning round: I’m going to pass on Harley-Davidson
Harley-Davidson Inc: “We’re going to have to take a pass on it. … Even though it’s cheap, it’s not what we want.” Talos Energy Inc: “It’s a little small for me, but it’ll do the job. … I think you’ll do fine in that one.” AT&T Inc: “AT&T is making a comeback. … You can […]
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Airbnb just did its biggest redesign in a decade — here’s what’s new
Airbnb announced a handful of updates to its platform on Wednesday, with CEO Brian Chesky billing it as “the biggest change to Airbnb in a decade.” The features, announced during its virtual summer event, include a new way to search, the option to split stays between homes and additional guest protections. The updated app and […]
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Fanatics adds SoftBank executive, former Airbnb marketing chief to board of directors
A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | Getty Images Fanatics, the rapidly expanding sports e-commerce company, announced Thursday that it added SoftBank’s Lydia Jett and former Airbnb executive […]
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Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more
Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft tumbled about 32% after the ride-hailing company issued disappointing guidance for the second quarter and said it would increase spending to attract more drivers, […]
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Airbnb is seeing the benefits of pent-up demand for travel, says Tapas’ Greg Greeley
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Greg Greeley, Tapas Capital advisor and former Airbnb and Amazon executive, joins ‘TechCheck’ to discuss Airbnb’s quarterly earnings results, why he decided to leave Airbnb before the company went public and more. Source
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