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As Airbnb prepares to go public, CEO Brian Chesky feels he has a great story to tell. Over the past decade, he has raised $3.2 billion from investors—and still has all of that in Airbnb’s coffers. It’s a fact he brings up repeatedly in interviews these days, as he no doubt braces for scrutiny that the public markets will bring.
It is indeed a significant achievement for a ...
At Airbnb’s board meeting two weeks ago, one topic took center stage: how to contain accelerating costs. It is a question that until relatively recently received scant attention inside Silicon Valley’s big-name startups. But a string of rejections by the public markets of some of the tech industry’s superstars has prompted companies once primarily concerned with rapid growth ...
SoftBank CEO Masayoshi Son plans to visit WeWork’s San Francisco office Thursday as the company’s senior leadership discusses decisions including potential layoffs of thousands of employees. The leadership team also is expected to consider a financial plan to present to the company’s board of directors in the coming weeks, people familiar with the matter said.
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