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EP130: This Week in the World of Airbnb

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Sinopsis

Airbnb’s growth is in the news this week, and acquisitions are in the air. Having only spent $300 million of the $3 billion raised, Airbnb has capital available. And they will have to invest in order to facilitate the growth necessary to reach the publicized goal of $3 billion in profit by 2020.Jasper is joined by Hostfully Growth Guru, Silvia Li Sam, to discuss acquisitions that are already being negotiated as well as their suggestions for possible purchases. Jasper and Silvia cover the latest lawsuit against Airbnb as well, filed by apartment management company Aimco.Topics CoveredArticle #1: Airbnb’s Profits to Top $3 Billion by 2020•Ambitious but possible•Vertical acquisitions may facilitate growthArticle #2: Airbnb is Buying Luxury Retreats for Around $200M•Focus on high-end homes•$1,000/night or more•Airbnb will attain team and technology•Likely to occupy a separate section of the Airbnb siteArticle #3: Airbnb is in Talks to Acquire Social Payments Startup Tilt•Technology for group purchases is a good