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EP124: This Week in the World of Airbnb

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Sinopsis

Trump is on our radar again this week as his travel ban on refugees from seven Muslim-majority countries has left travelers stranded at airports all over the world.Jasper is joined by Margot Schmorak, CEO and Co-founder of Hostfully, to discuss the details of Airbnb’s response to the executive order and tech executives speaking out against the policy.In other news, Jasper and Margot cover Airbnb’s milestone in becoming profitable in the second half of 2016, a complementary service (Traveling Spoon) that offers travelers a meaningful cultural experience, and Jasper’s personal update regarding an exciting new investment.Some of the topics coveredArticle #1: Airbnb Offers Free Housing to People Stranded by Immigration Order •CEO Brian Chesky is soliciting volunteers to host people in need •Airbnb will subsidize the cost in locations where free housing is unavailableArticle #2: Airbnb Reaches Profitability •Significant because other sharing economy firms are still losing money •Uber lost 3 billion last year