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Airbnb to Launch ‘Host Endowment’

By Cory Weinberg
· · Source: The Information

Airbnb said Friday it would set aside 9.2 million shares for an endowment that would eventually fund improvements to the site recommended by the home rental site’s hosts. The company said a new advisory board of hosts would help direct the funds once the endowment reaches $1 billion in value. The announcement likely represents the company’s effort to ensure hosts feel included by the potential...

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