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Airbnb CEO Brian Chesky says post-pandemic, cities might actually want the company around
It has been a roller-coaster year for a lot of businesses, few more than Airbnb. The company saw an 80% drop in business last spring as the pandemic hit. It laid off a quarter of its employees, raised $2 billion in private funding and hurried the heck up and introduced Online Experiences like virtual cooking classes to try to make any money at all. But by December, it had recovered enough for a blockbuster initial public offering and a profitable third quarter. Now the company is preparing for the return of its core business and its preexisting challenges, like being blamed for housing shortages. Molly speaks with Airnbnb CEO Brian Chesky.
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