Airbnb cuts internal valuation

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BlindSux

New

BlindSux
Apr 3, 2020 12 Comments

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TOP 12 Comments
  • It needs to be cut more
    Apr 3, 2020 1
  • Uber
    dopdop

    Go to company page Uber

    dopdop
    Let’s remember that we all have friends and peers working there. The company is going through some shit, but there’s good people there and I sympathize with them.
    Apr 3, 2020 2
    • Airbnb
      fiver7iver

      Go to company page Airbnb

      fiver7iver
      Some of us need to wake up to reality though
      Apr 3, 2020
    • Uber
      dopdop

      Go to company page Uber

      dopdop
      Probably. A few I know there definitely need to get off their laurels and recognize you should always be planning for a winter. You can’t be working 20 hour weeks, get gourmet lunch forever and wait for an IPO. Sometimes you gotta crank and try out new LOBs if you want your company and colleagues to succeed.
      Apr 4, 2020
  • Agree 16% lol. They need to cut 61% at least. They are a pure play. While things will get better, I think it will take a long time and I don’t see it going back the way it was!
    Apr 3, 2020 1
    • Airbnb / Other
      b🧜🏻‍♀️

      Go to company page Airbnb Other

      b🧜🏻‍♀️
      16% is wrong. None of these reporters have any idea what they’re talking about.

      They’re using our new 409a (given by 3rd party to determine fair market value) compared to a preferred price (given by investors many years ago). 409a updates quarter by quarter, why not compare to the previous one? Of course the drop of the 409a now compared to an investor price years ago will be tiny.

      Airbnb can’t determine it’s own “internal valuation” that’s not how it works. Are people this dumb?
      Apr 4, 2020
  • Adobe
    eFPl21

    Go to company page Adobe

    eFPl21
    Probably need downsize 1/3
    Apr 3, 2020 0
  • lol, what are they smoking?

    reducing by 16% in the situation where your service won’t be needed at all for 1 year at least - what a joke

    companies go 2x down booking/boeing in the situation like this, and AirBnB - “ah we fine!”

    as guy above said probably 61% reduction would be more suitable
    Apr 3, 2020 0