Tech Earnings: $UBER, $ABNB, $PTON + OK Boomer: Gen Z joins the workforce | E1320
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 5 November 2021
⏱️ 62 minutes
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| 0:00.0 | Okay, we've got a jam packed news show for you today. We're going to break down the earnings |
| 0:04.1 | report for Uber, Airbnb, and Peloton. These are all stocks that were greatly, greatly impacted |
| 0:10.8 | in many different ways by the pandemic, both shelter at home, which made everybody buy a Peloton |
| 0:16.8 | and deliver Uber Eats. But it shut down all of Airbnb. Remember, they had to lay off 25% |
| 0:22.7 | of the company. Then everybody yolo a year and a half later wants to get out and to do longer stays |
| 0:29.6 | Airbnb has an incredible business and longer stays now that they didn't have previously |
| 0:34.9 | and Peloton is suffering because they have supply chain issues. After everybody was buying |
| 0:38.4 | machines because they couldn't go to the gym, what a mess we sorted all out. And then we're going |
| 0:43.0 | to do our first edition of Okay Boomer, in which producer Rachel explains to me as a member of Gen X |
| 0:50.8 | and representing I will represent the boomers as well. What is going on in Gen Z land? We're going to |
| 0:56.4 | have these generational discussions every Friday on the show stick with us. |
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| 1:57.5 | Okay Uber, which you may have heard I was a third of fourth investor in 11 or 12 years ago, |
| 2:02.9 | reported their Q3 earnings today and they grew revenue 72% year over year, which is amazing but |
| 2:09.9 | keep in mind that's pandemic Q3 to this year's Q3. Obviously things started to open up this year |
... |
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