Earlier quoted context omitted.
Would you call Tesla a tech company?
Yes. They make and sell technology to customers.
Then under your definition, Otis elevators and GE and Boeing and are also tech companies.
Airbnb S-1
271–280 of 471 posts
Re: Airbnb S-1
#272Earlier quoted context omitted.
> Amazon doesn't make anything. Kindle. Firestick. Echo / Echo glasses/earbuds/wearables. Delivery drone (prototypes). Luna controller. The new AZ1 chip inside Echos. They own Ring (doorbells) and Eero Wi-Fi routers. They custom design[1] their own internal routers, chips, storage and compute servers and network cards, they own Annapurna. [1] https://www.geekwire.com/2017/amazon-web-services-secret-wea...
Sure. Their biggest production line is probably the robots that are at work in their warehouses. But it's all still a rounding error for the core Ecommerce & data center businesses.
> biggest production line is probably the robots that are at work in their warehouses
pffft. Robot roles for their warehouses is a distinctly bounded and rather small "marketplace". Kindle sales likely outnumber this by at least 3 orders of magnitude. Not to mention Alexa technologies.
Re: Airbnb S-1
#273Earlier quoted context omitted.
Would you call Tesla a tech company?
Yes. They make and sell technology to customers.
Tesla is a tech company, and Facebook/Amazon/Google are not? Maybe your definition is “right” in some sense, but is also useless, given that it’s not the definition anyone else is using.
Re: Airbnb S-1
#274Earlier quoted context omitted.
How can an unprofitable companies rack up $1.3b in taxes?
Well, you spend money as part of doing business, but then, in theory, you make some money. This is revenue. Revenue is taxed at 21% in the US as of the 2019 tax year. Now, if you screw up, and the IRS catches you, you owe penalties. And you owe interest on the money you didn’t pay. And these can add up, especially, like the S-1 filing says, if you have irregularities dating back 7 years. I’m sure they will have to ma…
You probably shouldn't be opining on these matters if you don't understand the distinction between "revenues" and "profits".
Re: Airbnb S-1
#275A few random observations I found interesting: - Looks like they are significantly leaner now as a result of COVID. Cost of revenue is at an all-time low in Q3 (17% of revenue on p164). There's a lot of focus the drastic cuts to Sales and Marketing, but it looks like there's a fair amount of increased discipline across the board. - It's interesting that Operations and support looks to be very similar in both the firs…
I'm curious why you think AB&B qualifies as a "tech" company
I think you're confusing them with wework which is famously know for being a real estate company masquerading as tech.
Airbnb has made some non-trivial open source contributions that I'm aware of at least. There's a very popular eslint style guide based on their internal policies and they've also created an svg animation library (the name eludes me) which is popular with designers as it accepts Adobe AE as input.
Re: Airbnb S-1
#276huh > Most of our guests discover Airbnb organically, with approximately 91% of all traffic to Airbnb coming through direct or unpaid channels during the nine months ended September 30, 2020. Anyone know what % of traffic to Bookings and Expedia (and others) are paid vs unpaid? 91% unpaid seems really high, and I wonder if it's because Airbnb is so differentiated / people want to "Airbnb" a place (vs. "stay somewhere…
They reached verb/noun status year ago so 90% isn't surprising. If your mom wants to rent out her guest house does she type "gig economy app that let's me rent out my place" or airbnb?
Re: Airbnb S-1
#277Earlier quoted context omitted.
How are they going to do that at the place where you're not legally allowed to be staying? This was reckless and stupid of them and demonstrates what AirBnB often does -- that they put their business above the safety of their guests and hosts.
What do you mean? Airbnb is perfectly legal in China, subject to the guest registration requirements mentioned here.
It was not when they first started operating there which is the context with which the conversation was being had.
Re: Airbnb S-1
#278Earlier quoted context omitted.
This seems incredibly dangerous as visitors on a tourist visa are required to register themselves with the local police within 24 hours of arriving at their destination. Trying to stay under the radar seems like it courts risk of deportation, as I've known _lots_ of folks who got a visit from police at their place of stay who were not aware of this. Virtually all of them settled things fine but it was more headache t…
I can say that while staying with locals I never registered or being asked to. And it went like this for a couple of months. Not only with Chinese, but also expats. I mainly got my accomodation though CouchSurfing (I wasn't aware of BeWelcome nor TrustRoots back then) The hosts seemed to have guests very often and we were never asked to pretend to be friends from home or anything. This happened not only in the main c…
Yes, many people do in fact break the law and get away with it. This should not be surprising.
Re: Airbnb S-1
#279Airbnb sucks. They wouldn't let me delete my account without providing them my photo ID. Something they never asked for when I created my account. Reduce churn by being total assholes. Great.
Re: Airbnb S-1
#280Earlier quoted context omitted.
I'm curious why you think AB&B qualifies as a "tech" company
I think you're confusing them with wework which is famously know for being a real estate company masquerading as tech. Airbnb has made some non-trivial open source contributions that I'm aware of at least. There's a very popular eslint style guide based on their internal policies and they've also created an svg animation library (the name eludes me) which is popular with designers as it accepts Adobe AE as input.
Lottie[0] is the animation library