Brian Chesky on Airbnb's Ethos of People-First Capitalism

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  • čas přidán 23. 07. 2024
  • While many CEOs choose to stay out of the public eye during times of crisis, Airbnb CEO and co-founder Brian Chesky has always opted for the opposite. It was no different during the Covid-19 pandemic, when travel came to a standstill and the company was forced to restructure. Chesky remained open, candid and transparent throughout the experience, and the company was able to navigate the crisis in stride.
    As part of Greylock's virtual speaker series Iconversations, Chesky joined Greylock partner Reid Hoffman to talk about how he guided Airbnb from an 80% loss within the first two months of the pandemic to a record-breaking IPO by the end of year; why Silicon Valley needs to redefine how it measures growth; how Chesky’s design background informs Airbnb’s business strategy; and, ultimately, the importance of putting people first.
    You can read the essay and transcript of this interview here: greylock.com/greymatter/airbn...
    Chapters
    0:00 Introduction
    2:22 Stakeholder Capitalism
    8:50 Identifying the Stakeholders
    16:08 Responding to Crises
    27:35 Maintaining Morale
    31:26 Staying True to Stakeholder Capitalism
    35:29 Making Difficult Decisions
    39:33 Taking Action During a Crisis
    44:00 Evolving Regulation
    48:04 What’s Next for Airbnb
    49:30 Lightning Round
  • Věda a technologie

Komentáře • 50

  • @MrBlereau
    @MrBlereau Před 3 lety +19

    I can listen to this guy all day. One of most interesting CEO by far when it's about giving long term vision

  • @elliswalker551
    @elliswalker551 Před 2 lety +9

    I don’t think I’ve ever seen someone nod their head so consistently and so aggressively

  • @adil-hussain-84
    @adil-hussain-84 Před rokem +3

    Three nice quotes from this video:
    1. "The absence of information is filled with dirt."
    2. "How you do anything is how you do everything."
    3. "It's hard to hate up close."

  • @ashalwalter3726
    @ashalwalter3726 Před 3 lety +37

    The economic crisis , corruption , unaccountability and unemployment by the Government is enough to push one into self financial ventures to seek financial sustainability and security.

    • @PedroGabriel-fb9ym
      @PedroGabriel-fb9ym Před 3 lety

      I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn’t mean security rather having different investments is the real deal… So l really appreciate your transparency

    • @boatengcolins5390
      @boatengcolins5390 Před 3 lety +1

      Investing in bonds , Equities still looking to add more to my portfolio

    • @emilialucious4068
      @emilialucious4068 Před 3 lety

      @@boatengcolins5390 I'm new to the investment world I need advice on growth portfolio

    • @joshwinter7172
      @joshwinter7172 Před 3 lety

      Social Security is not guaranteed because this money that was deducted from the salary of the senior citizens ( aged and retired workers ) during their contract of employment aren't given to some of them

    • @egganwhtye2071
      @egganwhtye2071 Před 3 lety

      Is there any guaranteed investement on earth ??Cryptocurrency, bonds and even equities are facing a volatility which has resulted to short in value .

  • @HassanWorld
    @HassanWorld Před 3 lety +19

    Brian Chesky will be a top 3 CEO in this decade.

    • @myaparker
      @myaparker Před 3 lety +1

      Agreed Elon musk Brian chesky comes to mind first

    • @ignoram9us
      @ignoram9us Před 2 lety +1

      Foregone conclusion at this point. Brian is in a class of his own.

    • @mariamaisu7271
      @mariamaisu7271 Před 2 lety

      Who's the other two?

    • @HassanWorld
      @HassanWorld Před 2 lety

      @@mariamaisu7271 Elon & Dr. Sam from CRISPR Therapeutics

  • @Itsmenawaj
    @Itsmenawaj Před 3 lety +12

    Love from Bangladesh. Now I am 13 and my plan is start a business within a month. And achieve financial freedom in 20 year old. And your video is so helpful so sir please upload videos regularly. Thank you

  • @Max-px5ym
    @Max-px5ym Před 2 lety +1

    Can't believe this has only 12 000 views. It should have a million

  • @angelsancheese
    @angelsancheese Před 3 lety +2

    Glad I came across this video. Brian should do more youtube interviews!

  • @robinmays
    @robinmays Před 3 lety +2

    Amazing talk! Thank you!

  • @ronaldolzheim363
    @ronaldolzheim363 Před 3 lety +4

    3:34 Reid Looks like a proud dad

  • @elinadiary9357
    @elinadiary9357 Před měsícem

    Super awsom great conversation

  • @mehnazyunus3321
    @mehnazyunus3321 Před 2 lety +1

    2:40 - What do you mean by stakeholder capitalism? What are some of the ways that it informs your leadership?
    16:30 - How did being a design-based company help with responding to the COVID crisis?
    27:40 - How did you maintain morale while downsizing?
    31:28 - When did you start adapting to the new travel patterns?
    35:28 - decision about going public
    39:34 - Decision around DC during the Capitol strike
    44:00 - treating regulators as stakeholders. How can founders help evolve regulations?
    48:13 - what's next for Airbnb?
    49:37 - lightning round

  • @hurleypiano3953
    @hurleypiano3953 Před rokem

    Terrific acoustics.

  • @ishangoswami9462
    @ishangoswami9462 Před 3 lety +1

    Best part start at 19:00

  • @alexN350z
    @alexN350z Před 2 lety +2

    Brian Chesky for President 2024

  • @julytwentytwentyone8750
    @julytwentytwentyone8750 Před 3 lety +1

    Damn Brian has a nice webcam

  • @CaptainPlanet007
    @CaptainPlanet007 Před 2 lety +2

    Brian Chesky has a ceo face.

  • @runderwo
    @runderwo Před 3 lety +6

    Spoken from the luxury of someone whose org has already reached escape velocity. It's natural that the established players would want newcomers to volunteer for psychological and organizational fetters like "stakeholder capitalism".

  • @gabbykoz8453
    @gabbykoz8453 Před 2 lety

    The stupendous tulip ethnically tumble because schedule lily signal despite a mixed approval. whole, odd voice

  • @hiufgterde
    @hiufgterde Před 2 lety

    they fired half of their staff and didn't give back any money to customers. So they can talk about how great they are all they want, but their actions show a different story

  • @piskunov57
    @piskunov57 Před 2 lety +1

    Is he on coke? What's with all the twitching and face touching

  • @maddygmail1218
    @maddygmail1218 Před 2 lety

    Just about to listen to your spin ,,,thanks for ruining my community and having a useless neighbours reporting process which I am guessing is all smoke and mirrors to appear ethical ,,I could go on but hey no point talking to a brick wall