What’s going on? Disney announced stronger-than-expected 2Q/2021 earnings. What does this mean? Disney’s theme parks, experiences, and products segment speaks have been the main drivers that return profitability to Disney for the first time since the pandemic began. Most of the segment’s profit came from people buying merchandise. As Disneylands is getting busier again, it…
Tag: Airbnb
Ep 125: Airbnb’s official IPO
What’s going on? Airbnb finally moved onto the stock market and its shares initially more than doubled. What does this mean? Although the pandemic has made life difficult for Airbnb, but it surprised everyone by actually turning a profit, thanks to the trend of day trips. Airbnb thought it was about time to go public…
Journal Report 23: Airbnb’s IPO
What’s going on here? Airbnb finally filed for IPO (S-1 form link) on Nov 16, 2020, after 5 years of rumor. Its valuation is now ~ $18 bil, compared with the $31 bil valuation in 2017. Pricing terms are not yet set. Lead underwriters are Morgan Stanley and Goldman Sachs. Airbnb’s recent performance Gross Booking…
Journal Report 17: How to Kickstart and Scale a Marketplace Business (1)
How to Kickstart and Scale a Marketplace Business Phase 1: Crack the chicken-and-egg problem Part 1: Constrain the marketplace Part 2: Decide which side of the marketplace to concentrate on Part 3: Drive initial supply Part 4: Drive initial demand Phase 2: Scale your marketplace Part 1: Determine if you are supply or demand constrained…
Ep 108: AirbnBillion
What’s Going On Here? Airbnb welcomed a new $1 billion investment this week as private investors helped the accommodation marketplace #stayhome and #stayalive during the coronavirus pandemic. What Does This Mean? Neither Airbnb nor its two new investors gave all the details, but they did reveal that the investment was a mixture of equity and debt,…
Ep 102: Spotify Scrapped
What’s Going On Here? Spotify wrapped up last year with disappointing fourth-quarter earnings, something unbelievable for the streaming giant. What Does This Mean? Spotify added 11 million paying customers in Q4/2019, beating investors’ expectations and bringing the total number of subscribers to 124 million – more than double its closest rival. But it’s been spending big…
with HT 