163: Should You Buy the Airbnb IPO? With Forbes' Tom Taulli

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8 • 518 Ratings

🗓️ 8 December 2020

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tom Taulli has been in the tech industry for some time. While in the eighth grade, his dad bought him a computer and just left it on his desk. So he started to figure it out. And yes, he became obsessed with this machine. Then when he was a freshman in high school, he started to code and sold some of his programs to magazines (in the early 1980s, these publications had listings of code for readers to type in!) From all this, he knew he wanted to be a part of the tech world.

Although, it was not until college that he started his first business. You see, he was fairly bad at taking exams. What to do? Well, he created software for exam preparation. He would sell this to a national provider of bar exam preparation. The business would then go on to grow, as they added more and more exams.

But the biggest venture of his was launched in 1997. It was Hypermart.net. Think of it as kind of a first-generation Shopify. From the start, the growth was strong and they would sell the company to InfoSpace.com.

In the meantime, he has always been writing, such as for Forbes.com, Bloomberg.com, Kiplinger and BusinessWeek. He has also written a variety of books, mostly on tech and finance. His latest include Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems.

As of now, he is an advisor to some awesome startups.

Listen to ILAB 163 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Masterworks
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Time Stamps:

08:44 – How did you get into the world of start-ups and IPOs?
12:40 – How does buying IPOs differ from regular stock?
15:58 – How does a company go from private to public?
19:50 – Is this a good time for AirBnb to go public?
21:02 – Do you see AirBnB financials to justify their increase in valuation?
22:04 – Do you see them profiting in the immediate future?
25:04 – Why do they focus on the hosts more than the guests?
26:37 – What are some of the pros for AirBnb?
30:09 – What are some of the risks with AirBnb?
32:05 – Should you be concerned that some of the Hotels are running similar packages?
33:05 – Can you see AirBnb expand into other profitable areas, like the AirBnb Experience?
34:40 – What do you recommend to be a maximum price point for entering the AirBnb IPO?
35:53 – Are their other stocks you would recommend as alternatives to IPO?
36:54 – Why is AirBnb not profitable?
37:52 – “travel and tourism will continue to be important it’s not going away” - Tom Taulli
38:43 – What are some of the tips and tricks to get in on the lowest level possible?
40:50 – Are you looking to buy into AirBnb?
43:26 – Johnny & Derek Recap

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Transcript

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0:00.0	Hey bosses, before we kick off this week's episode, I want to take a second to tell you about our
0:04.3	sponsor, masterworks.io. Masterworks is the only platform to trade blue chip art. You can buy
0:11.9	pieces in works from artists like Banksy, Cause, Monet, so much more. In fact, works like these
0:19.5	have outperformed the S&P by 180% from 2000 to 2018.
0:25.5	If you want to get in on this investment, you can head over to masterworks.io, where they have
0:30.5	a waiting list. But because you are an invest like a boss listener, you don't have to wait in that
0:35.8	list. In fact, it's over 20,000 people, but we're going to skip you right to the front just use code iLab at sign up so go to masterworks dot io use code i l a b and you'll skip right to the front of the line i'll tell you more about masterworks after the break until then let, let's get the show started. Welcome to the
0:55.8	Invest Like a Boss podcast. I'm Sam Martz. And I'm Johnny FD. We're self-made entrepreneurs who invest
1:00.6	our own money and use modern technology to invest like a boss. Join us each week for exclusive
1:04.9	interviews with our network of modern investors, business owners, and multimillionaires to discover new
1:09.4	ways to invest our hard-earned cash. Hey bosses, this is Johnny and welcome to episode 163 of the Best Like a Boss podcast. I'm here in Shulaka. Sorry about the gardener sweeping in the background, but Derek, welcome to the show. Hey, thanks, Johnny. It's kind of like that, what's that called the, the ASMR? It's, it's kind of relaxing.
1:29.1	Yeah, okay. Maybe I should put the microphone right next to their brooms. They're using these really old traditional brooms. Yeah, they're cool. I like it.
1:38.8	They sound really loud like the old witches type brooms. Yeah, that's what they look like. Exactly. Like, they're literally made out of the material.
1:48.6	Super fun times.
1:51.8	Well, not too much more exciting going on over here.
1:54.7	I'm still in L.A., and we are on total lockdown.
1:58.7	We can't really do anything.
2:35.8	Can't even eat outside. Everyone's supposed to stay home, but, you know, they're not really following that. You know, what's funny is my girlfriend predict that back in, like, July or August, she said, you know, she's like, watch, you know, right now during the summer, the governments aren't going to be able to control people or force them to stay inside. So they're going to just let people, you know, go out and kind of relax things. But as soon as winter hits, December 1st, they're going to lock everything down. And I thought she was crazy. I thought like, like, no way. That doesn't make any sense. But she was right. You know, the Ukrainians know about government lockdown.
2:41.7	So I guess if anyone would know, the Eastern Block would definitely know.
2:43.1	Yeah.
2:48.9	So I'm staying at a beautiful pole villa here in South Sri Lanka.
2:50.0	The weather is amazing.
	...

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