profitability
Auto Added by WPeMatico
Airbnb is buying trust during the COVID-19 travel slowdown
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Airbnb’s recent moves in the wake of a global travel slowdown are interesting and worth understanding in chronological order. What it details is a company spending heavily today to keep up its future health. Demand will return to the world travel market in time — how much, no one knows — and Airbnb wants to be a well-liked participant in the return to form.
Building off our last look at the company, we should understand how Airbnb intends to not only survive, but come out the other side of the pandemic with enough user trust to get back to work.
An IPO promise
Powered by WPeMatico
Uber losses expected to hit $3 billion in 2016 despite revenue growth
Uber’s losses are growing from $2.2 billion last year to an expected $3 billion this year, according to multiple reports this week from The Information and others. It’s hard to fathom Uber operating so far from profitability at a time when it feels like an established mainstream brand on the global stage. Hip hop stars like Drake or Wiz Khalifa commonly name check… Read More
Powered by WPeMatico
How to estimate a company’s health without really trying
Within the past few months, NetSuite, Marketo, LinkedIn, FleetMatics and LogMeIn have each been acquired or merged for a combined value of more than $50 billion. At this rate, public SaaS companies may become an endangered species. Clearly, PE investors and larger technology companies sense opportunity and value. Read More
Powered by WPeMatico