Discover more
Curated from across
DancingDonut
Stealth3mo
Agreed. Also, It was listed at a massive premium. Shares doubled on listing. And that's the only gains it has to show for itself. Weak guidance + Founder selling shares + ESOP dilution + Overindexation on DEI & ESG vs shareholder wealth creation.
ZestyQuokka
Stealth3mo
Hotel booking increased in last 6 months, Airbnb revenue is going down
Also you are checking for 5Y, which include Covid years. That's fucked up data to analyse
PrancingPotato
Stealth3mo
It has become more expensive to stay at AirBnb these days. People are preferring hotels over it.
Saying this in global context.
There’s also short term rental laws passed in US earlier this year, which also puts dents in AirBnBs business.
GigglyPickle
Swiggy3mo
Founder mode