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Tech Brew Ride Home

Fri. 11/16 - How Much Money Does Airbnb Make?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 16 November 2018

⏱️ 21 minutes

🧾️ Download transcript

Summary

Airbnb opens the kimono, a disc-less Xbox, Facebook pushes back on controversy, SpaceX gets a key go-ahead, and the weekend longreads suggestions. Links: Airbnb booked more than $1 billion in third quarter revenue (CNBC) Microsoft’s Building a Disc-Less Xbox One for Release in 2019 (Thurrott.com) Facebook Morale Takes a Tumble Along With Stock Price (WSJ) ‘I Don’t Really Want to Work for Facebook.’ So Say Some Computer Science Students. (NYTimes) Major SMS security lapse is a reminder to use authenticator apps instead (The Verge) The Betterment Weekend Longreads: THE GENIUS NEUROSCIENTIST WHO MIGHT HOLD THE KEY TO TRUE AI (Wired) Are Killer Robots the Future of War? Parsing the Facts on Autonomous Weapons (NYTimes Magazine) The Internet Has a Huge C/C++ Problem and Developers Don't Want to Deal With It (Motherboard) How Superhuman Built an Engine to Find Product/Market Fit (First Round Review) THE HAIL MARY PLAN TO RESTART A HACKED US ELECTRIC GRID (Wired) Space Camp grows up (Mashable) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Ride Home for Friday, November 16th, 2018. I'm Brian McCullough.

0:09.2

Today, Airbnb opens the Camono. a discless Xbox might be coming,

0:15.0

Facebook pushes back on controversy,

0:18.0

SpaceX gets a key go ahead,

0:20.0

and the Weekend Long Reed's suggestions.

0:23.0

Here's what you missed today in the world of tech.

0:26.0

It's become something of a regular thing for big unicorn companies to begin releasing data on

0:34.8

their revenue numbers shortly before starting the process of going public. Uber does it, W-W-W-W-W- time we have a peak inside AirB&B's Camono.

0:47.0

spoiler alert, they've got quite a nice little business there.

0:51.0

In a memo release today, Airbnb says it recognized quote

0:54.9

substantially more than $1 billion in Q3 revenues is on track to report

1:01.9

EBITDA profits for 2017 and earned $100 million on 2.6 billion dollars in revenue in 2017.

1:10.0

Quoting from CNB.

1:12.0

CEO Brian Chesky said the company would be ready to go public by mid-2019 but the company

1:19.1

hasn't decided when.

1:21.6

Airbnb is one of the most valuable startups in the U.S. at $31 billion.

1:27.0

The FCC has officially given SpaceX permission to deploy over 7,000 Starlink Internet satellites

1:42.0

as part of a full network of 12,000 satellites that it hopes to

1:46.3

eventually launch to blanket the globe with Internet access.

1:52.1

Quoting the Washington Post,

1:53.4

SpaceX's Starlink program launched its first test satellites in February.

1:57.8

The FCC gave SpaceX approval the next month

...

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