Money > Property

Some Airbnb investors reportedly want to oust CEO Brian Chesky, blaming him for spiraling costs and a 'hasty' move to give full refunds on coronavirus cancellations

1 month ago   |   By Business Insider

Some of Airbnb's investors want CEO Brian Chesky to step down, The Wall Street Journal reported.
When Airbnb went out to raise money recently, some existing shareholders refused to invest unless Chesky was out or he hired someone to help him turn around the company.
Some investors and board members are upset about Airbnb's spiraling costs, including its money-losing Airbnb Experiences project.
Board members were also upset with Chesky because he didn't alert them before he decided to overrule the policies of its property manager partners and allow guests to get full refunds for...
Read more ...

 


Search by Tags

   Property      Money      Business      Companies      Investing      Investor  


Killing Eve season 3 finale review: Villanelle and Eve tale fails to deliver...

Killing Eve season 3 finale review: Villanelle and Eve tale fails to deliver killer ending

Killing Eve has bowed out for another season ***Warning: Major Killing Eve Spoilers Ahead*** So... Killing Eve is over for another season, and after a seriously strong round... Read more ...

The astonishing total cost of David Luiz's transfer from Chelsea to Arsenal...

The astonishing total cost of David Luiz's transfer from Chelsea to Arsenal revealed

Edu and Raul Sanllehi drove Arsenal's move to sign David Luiz from Chelsea last summer Cash-strapped Arsenal spent an eye-watering sum of money to sign David Luiz from Chelsea... Read more ...

Chrissy Teigen donates $200K to bail out people protesting George Floyd's death

Chrissy Teigen donates $200K to bail out people protesting George Floyd's death

Chrissy Teigen is helping bail out those protesting George Floyd's death Chrissy Teigen has donated $200,000 to help those needing bail money as a result of protesting George... Read more ...

Alford youngster Morgan laps lochs to raise hundreds for NHS charities

Alford youngster Morgan laps lochs to raise hundreds for NHS charities

A north-east youngster has completed more than 100 laps around the lochs by his house to raise money for NHS charities. Morgan Shand, 10, lives on a fishery near Alford and was... Read more ...

Money Heist: The Professor's city name revealed as star drops show secret

Money Heist: The Professor's city name revealed as star drops show secret

MONEY HEIST fans know each of the robber's city names which they first used to stop the police from finding out their true identity. While some of the robbers are still unknown... Read more ...

Financial expert reveals the five things if you want to make more money in...

Financial expert reveals the five things if you want to make more money in the next financial year

Financial experts have revealed five things Australians should check before June 30 to keep their household budgets healthy amidst the effects of COVID-19 lockdowns. Read more ...

BT launches search for startups to help it become greener

BT launches search for startups to help it become greener

The telecoms giant has pledged to use 90 per cent electric vehicles by 2030. It is currently using 23 Renault Kangoos, with 46 Read more ...

Centrica, Easyjet and ITV face FTSE 100 relegation

Centrica, Easyjet and ITV face FTSE 100 relegation

It could be the biggest shake-up since the financial crisis, reflecting huge share price moves during the virus crisis. The last FTSE 100 review was in March, before the virus... Read more ...

RUTH SUNDERLAND: Negative interest rates do harm

RUTH SUNDERLAND: Negative interest rates do harm

We are in desperate times and must consider desperate measures, but negative rates have harmful effects beyond the obvious hit on savers - and are not guaranteed to work. Read more ...

Elon Musk's £600m bonus could become £45bn bonanza

Elon Musk's £600m bonus could become £45bn bonanza

The 48-year-old qualified for an award of 1.69m shares last week after his company held an average market capitalisation of $100billion or more over a six-month period. Read more ...