Airbnb's success story stands out in stark contrast to the struggles of other startups. Unlike Zillow's disastrous attempt at house-flipping, Airbnb has flourished for over a decade. Their revenue skyrocketed, tripling from $3.3 billion to nearly $10 billion. Even more impressive, they flipped profitability, going from annual losses of $4-5 billion to earning the same staggering amount. Perhaps the strongest indicator of their dominance is their resilient stock price. Unlike the post-IPO crashes
Those are fair points, but I can’t help but chuckle that they were brought to justice because they stole from millionaires and other billionaires to make their ill gotten gains. Probably woulda got away with it if they just stole from the poor and middle class.
Is that so for SBF? I genuinely have no idea.
Not quite as many as Madoff, but some notable folks and investors.