Airbnb CEO Brian Chesky on the next chapter: “We're now beginning to prepare the next chapter of Airbnb, and I want Airbnb to be one of the most important companies of our generation. And to do that, we're going to need to do more than one thing. We're going to have to do multiple new things. We're going have to have multiple new products and multiple new services.” When the pandemic hit, Airbnb flipped the switch on profitability like no other. Their free cash flow (FCF) margin skyrocketed from a modest 2% in 2019 to a remarkable 41.5% today, positioning them as one of the most profitable com...
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