Shopify President Harley Finkelstein on Earnings, Colorado’s Crypto Push & CrowdStrike CEO George Kurtz on Cybersecurity

TechCheck

CNBC

Disruptors, Tech, Technology, Cnbc, Management, Business, Faang, Investing

4.5 • 66 Ratings

🗓️ 16 February 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We start today’s show sharing highlights from our Deirdre Bosa’s recent interview with Airbnb Co-Founder and CEO Brian Chesky after the rental company’s latest earnings beat the Street. Then, Shopify President Harley Finkelstein breaks down the e-commerce firm’s Q4 results, and CNBC’s Kate Rooney covers Colorado’s push to start accepting cryptocurrency for taxes. Next, our Jon Fortt recaps his conversation with Google Cloud CEO Thomas Kurian, focusing on earnings and how a rising rate environment could affect the platform. Later, cybersecurity firm CrowdStrike Co-Founder and CEO George Kurtz also joins to discuss last year’s uptick in ransomware attacks, and our Julia Boorstin reports on media conglomerate ViacomCBS posting its quarterly results and rebranding to Paramount.

Transcript

Click on a timestamp to play from that location

0:00.0	I'm John Ford.
0:00.8	You're listening to CNVC's Tech Check.
0:02.9	Our show is live weekdays at 11 a.m. Eastern.
0:05.9	Listen in.
0:28.3	Good way. Good Wednesday morning. Welcome to Tech Check. I'm Carl Kintanilla with your Dr. Bosa and John Fort.
0:36.0	Today, Airbnb investors are here to stay. Bookings up 59 year on year. In just a moment, we'll hear from Brian Chesky about the quarter.
0:39.5	Plus, a reality check, Roblox misses on the top and the bottom line.
0:42.2	Shares down 24%. And then shopping for growth.
0:44.0	Shopify warns 2022 revenue won't rise by as much as last year.
0:48.6	Stock is down.
0:49.7	Shopify's Harley Finkelstein is with us in just a few moments deep.
0:53.9	Well, let's dig into Airbnb's record quarter.
0:56.6	Our shares are edging higher on the back of earnings, stopping Wall Street's estimates,
1:00.6	and issuing strong revenue guidance driving those results.
1:03.9	Airbnb's average daily rates, they were up 20% year-over-year, up 36% over two years.
1:10.3	I cut up last night with CEO and co-founder Brian
1:12.6	Chesky. He attributed part of the increase in ADRs to inflation. He also told me that rising
1:19.0	inflation could be an opportunity to attract more hosts to the platform. Have a listen.
1:24.1	The only other thing I'd say about inflation is inflation is obviously hitting families and people around the world pretty hard.
1:30.2	Just like people were financially constrained in the 2008 economic crisis, they turned to hosting.
1:36.0	So we think this is an opportunity for many people to consider hosting.
1:41.0	Now, Chesky, who's in Miami as part of his own Airbnb tour, told me that he plans on listing his own home to understand the supply side of the business better.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.