The Big Read: The Master of Destruction Rides AgainRead more

The People With Power at Airbnb After Shakeup

In 2017, Airbnb CEO Brian Chesky restructured the fast-growing travel company to more closely resemble Amazon, a company whose handling of diverse business lines he had long admired. Reflecting Airbnb’s expansion into new areas, he created four separate product divisions and brought in a top Amazon executive to lead home rentals, the company’s core business.

Three years later, the Amazon influence is fading. Two executives recruited from the retail giant, including the head of Airbnb’s homes unit, left last week in a management shakeup. A third had already departed. The travel company’s organizational structure now bears little resemblance to the 2017 plan that gave weight to new ventures. 

Instead, Chesky is focusing on sustaining home rentals as Airbnb scrambles to bring back revenue lost when the coronavirus pandemic brought global travel to a near standstill. Our org chart shows the revamped leadership team that will have to steer the company through the crisis while deciding when to go public.

Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Microsoft's Satya Nadella, left, and Peter Lee. Photo by Bloomberg, Microsoft
How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
Satya Nadella didn’t want to hear it. Last December, Peter Lee, who oversees Microsoft’s sprawling research efforts, was briefing Nadella, Microsoft’s CEO, and his deputies about a series of tests Microsoft had conducted of GPT-4, the then-unreleased new artificial intelligence large-language model built by OpenAI.
Art by Clark Miller
The AI Age e-commerce ai
How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core.
Chris Britt, co-founder and CEO of Chime.
Exclusive startups Finance
Chime’s Slowdown Highlights Limits of Bank Disruptors
Chime found a way to offer zero-fee banking services without being a bank itself. But that approach is starting to show its limits.
Art by Clark Miller
The Big Read markets Finance
The Master of Destruction Rides Again
In the spring of 2022, the irascible Wall Street short seller Marc Cohodes was in a particularly foul mood.
Art by Mike Sullivan
startups asia
Venture Capitalists Face Pressure to Divest From China
Silicon Valley venture capitalists are coming to terms with a new reality: Their once-prized China investments may be victims of a simmering cold war.
Art by Clark Miller.
Social Studies culture
The Day TikTok Went Dark in India
On June 29, 2020, as thunderstorms swept Mumbai and daily Covid-19 cases in India surged by almost 20,000, millions of people began experiencing a flood of network errors on their mobile devices.