Brian Chesky - Scaling Airbnb, Founder Mode, and What’s Next for Travel | Prof G Conversations

[@themuppetman9]

Scott, I love your work, love this podcast, but I would have liked to see more challenging questions in this interview. I understand youre an investor, but this is a very polarizing company. A lot of people outright despise this company and the effect its had on the housing market. It would have been nice to hear if the CEO of the company had any input on what the future of the company may look like given potential future regulation. A great example of said regulation would be in Long Beach NY, you can only rent your property out in full 1 month blocks. Short term airbnb is banned. As a result, there isnt a lot of activity for abnb in that city.

[@Tpvu92]

Agreed, I would have liked more objectivity during the interview. Pretty disappointing

[@michaelcutestory]

totally agree. in some podcasts Scott talks in a graphic way about interviewers pleasuring their guests. He knows what he's talking about, he's one of them when he talks to someone he likes.

[@Nicole-yy1kn]

He was always a beta male like that

[@mandicdotcom]

He can't be objective as a shareholder... It's in his interest for Airbnb to be presented in the best possible light and for the share price to go up.

[@zooq-ai]

Great Interview. I would have loved Scott/Brian to touch on the regulatory regimes and how AirBNB will navigate that.

[@cheeseisgross6366]

Thank you Brian for being realistic about current AI capabilities and have a vision for it at the same time

[@Kosmicray]

wish you could of touched on the pushback from cities and permits for airbnbs.

[@marcialabrahantes3369]

he did touch on the "houses being built" part. so long as there's high supply of homes => high supply+ low prices for airbnbs

[@nlabanok]

We've thrown in the towel on abnb because of the Russian roulette level of lack of predictability and fairness in the hosts' cleaning fees...while many hosts still require guests take out the trash, start the dishwasher, and take off the bed linens (i.e. things normally defined as cleaning). Additionally from an ethical perspective, abnb is definitely exacerbating the housing shortage and high cost in resort towns in the mountain west. In this regard, abnb proponents claim they're increasing the use of underutilized real estate assets when, in reality, they're housing already housed people in locales already facing housing shortages.

[@michaelcutestory]

yup, I myself am mostly using hotels, too. $300 cleaning fee on top and I have to clean? No, thank you :)

[@jayzang15]

This was great, and insight and what the future could bring with Airbnb platform. Thanks again!

[@nickjerrat]

Wow what a great interview. The social network aspect of airbnb is potentially huge.

[@harshmittal63]

For my future self - In 15 Years, AirBnb will be a 1Trillion USD company. Current Business ~ 100B USD 1 Trillion USD = 10 Such Verticals * 100B USD They are 9 to go. As Brian mentioned about launching 2-3 such verticals every year and given the growth they are sitting on, It'd take 3 years to hit 9 such businesses and those businesses would take 50% of the time which Airbnb Short term Rental took to become 100B USD Let's account 7.5 long years to fill the gaps - which gives a rough estimate that Airbnb will take 15 years to create 9 AirBnbs. I believe in Brian and his team's design capabilities to re-design a real world social network.

[@ZrianFilms]

Amazing AirBnB plus community network idea!

[@iDalisMediaTV]

This guy has been through it, talk about riding the storms, I remember when Air B & B started taking off, then the bad guests started coming in and throwing massive parties and damaging properties, and it was a swell of media, and they weathered that storm, I thought they were done then, then the city ordinances and at every turn he was blocked, this guy is the terminator. he loves his company he has weathered many storms. he's earned his stripes.

[@drekmastermind]

Couldn't last 10 minutes. This man forgot how to talk without pitching his company. Dude, this is not a VC meeting.

[@RR-et6zp]

lmao

[@eamoncluneable]

Great perspective, thanks for that!

[@kevoreilly6557]

Great interview - I’ll be keeping my shorts in place

[@mariannerady1137]

I have had about 50% luck with airbnb. People cancelled on me last minute, also the extra fees are out of control. In spring I went to a location that didn't exist. Yes the customer support helped me but stll I lost money and half a day. All in all just not a good customer experience, so I prefer to use booking.

[@alexmacgregor]

Great episode!

[@contrary8880]

Great interview 😁

[@tyrellcobb4665]

I think they should clean up their core business before getting wild ideas about verticals and expanding into other categories etc. If the trend continues they might not have much of a core business left if a competitor shows up. Many people -both renters and rentees - are just dying for an airbnb alternative at this point.

[@juxworks]

Airbnb has to address the regulatory hurdles that is ever increasing to become hosts in major cities. As an example, in Hong Kong, short term stay is illegal and those who are on the Airbnb platform without a hotel/guest house license are doing it at the risk of being fined or put in jail (even tougher in Singapore where the government subsidised housing can be taken back). I hope Airbnb can be on the front foot to lead engagement efforts with local government bodies to develop regulation to facilitate short-term stays.

[@floodsimple1094]

Love the community idea…

[@tk1576]

yeah airbnb is fucking up the real estate market even more, we just don't build enough

[@MadisonSalsa]

Great content

[@DividendFactory]

Partnering in the details.

[@dangerxxxxx]

The enthusiastic pivot towards leveraging the community and social economy potential of the Airbnb platform could be read as evidence that there is already saturation and risk of regulatory pressure, potentially pulling the rug out from the fundamental business?? Spooky- but the ideas batted around here do sound really exciting and genuine. Reacting to comments about housing issues and shortages created by short term rentals, if there’s anything Airbnb can do to help build housing to relive pressure would be great. How could Airbnb be part of the solution… somehow finance infill for example.. something comparable to the co-host concept…. But like ‘co-builder’ - get into development??

[@HKS-Digital]

Day 35: Please bring on Gary Stevenson (Garys Economics)! Thanks!

[@future62]

I concur!

[@funkyd04]

I'll keep liking your comment until he does

[@renaldobelfon1271]

Was just thinking this week that Airbnb can easily branch off into selling homes ala Zillow…I suspect this has been discussed

[@brucehicks5817]

Was this an interview or an airbnb fundraiser? 0 questions about the impact of airbnb on the housing market.

[@will.davlin]

socks to bed = new life experience after🛑🟣🔵🟥

[@samyueldanyo8679]

Uber and Airbnb will be competing soon?

[@Asdasdssd]

I’ll take a hotel over airbnb any day. Don’t wanna get defrauded while on vacay and receive no help from airbnb.

[@chrisg8995]

Wow, we’re not even going to mention the scourge that is short terms rentals destroying cities and their economies, eh? My bet is Brian agreed to this as long as that wasn’t brought up. Or worse yet, this was likely just a fluff piece and all questions were pre scripted, esp since Scott’s biggest position is ABnB. It all smells bad.

[@iDalisMediaTV]

Omg air b & b comminuty services like dates with people friends and romance in a strange city like a concierge service hell yeah. - yes membership!!!!

[@danswearingen]

I understand that Airbnb may be a well run company but they are a business with a lot of negative impacts on housing and the rental markets.

[@DSesignD]

Going after AirBNB isn't going to solve the housing crisis. We need more housing as a whole. Housing for workers, young families, and a growing population of retirement age people with no retirement funds.

[@greatgoodygumdrop]

Airbnb could do a community service- be a gateway to help rental market homeless- aibnb big negative on communities

[@SolaceEasy]

There's really no "there" with Air. Suspicious.

[@minionmememindset7889]

Why did he IPO the company if it’s still a startup? Why expand into more markets if Airbnb currently have little market share in their core market? The discussion around Founder Mode (flounder mode?) sounds more like creating a toxic work environment where management refuses to take accountability. Overall he sounded very confused about the fundamental direction his company should take.

[@SSSS7-p8f]

Hes going to run it into the ground. He has no cohesive strategy.

[@jottkaa]

I have ABNB on my watchlist since IPO. Since my largest portfolio position NFLX was up 10% on friday, I will sell some on mondy and buy my first ABNB. Thanks Scott for the great interview. Whenever you fly through Frankfurt/Germany or Curitiba/Florianopolis-Brasil, let me know and I'll spare you sitting alone at the bar. Cheers Jens

[@Plokhoj]

Sounds like Airbnb is going to add car sharing)

[@StevenS.-up2pp]

AirBNB: $180 a night for 5 nights "That'll be $1720.00 please" Me: *Shocked Pikachu face* I hate that company so much

[@garydalybookmob5180]

agree a total scam company

[@duskrider1724]

Hotels are better value.

[@garydalybookmob5180]

Totally. Hotels are so much better than the painful 'FEES" like a poison that keeps dripping.

[@obtain60]

Not if you need to rent multiple extra rooms for kids

[@s.flanders]

For big groups/families, hotels are not as good of an experience as a house or apartment.

[@vp0029]

Brian always sounds like he’s reciting from a script at drama school entrance auditions

[@gibber1sh-c6w]

Chesky looks like a guy with a court. Jony Ive must be milking millions out of Chesky by simply reciting Apple war stories to him.

[@Rollexm]

Meta is still shedding from over eating, I don’t think it’s AI playing a part.

[@neilmoran9988]

Hotels are way better

[@garydalybookmob5180]

Airbnb has created a new and great appreciation of hotels. Airbnb is like a once ripe apple gone rancid and rotten.

[@MrVito1180]

I love the company in spite of this guy leading it….

[@stevenlake8820]

I’m sorry but abnb is a horrible business. Every dollar of profit comes from misleading their customers and clients. Huge rip off and it’s only getting worse year after year. Love Prof G though

[@sevenRyeh]

Make sense but now you want to hold property? Male your money fast stay away from holding sublease with ci vo with busi ess owners those are not homes

[@greatgoodygumdrop]

Airbnbs way overpriced for rental market- like hotels- ripoff

[@oneyedman443]

The truth is the housing market, as a whole, Companies,such as Air BnB, and content creators such as the Prof are all the result of currency debasement. Educate yourself on this reality. Start with Lyn Alden( a previous G guest) and Saifedean Ammous, never a G guest. Saif on the G pod would be fun though .A truth sayer vs. a rent seeker😂

[@garydalybookmob5180]

I love hotels, motels and even airport pods before I ever think of airbnb. Just find the entire airbnb process with extra charges and fees and the total lack of customer service other than a painful and time consuming effort that takes longer to settle than the amount of days one has hoped to stay in a airbnb. Hotels are fucking so much better. Airbnb's in my city and my entire state are grossly expensive. I mean not just over priced but utterly out of customer reality. Though people have choice just that airbnb is a shithouse choice.