Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?
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NOVEMBER 18, 2020
One of the most highly anticipated startup IPOs of recent years, we now get a peek inside Airbnb’s business. So even before you get to product development (20% of revenue) or G&A (14% in 2019), you’re already looking at a narrower potential margin than you might expect from a marketplace or transaction platform.
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