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Everybody has known that for awhile, even without perusing a prospectus. Sales and marketing has been 30%+ basically forever, though undoubtedly Airbnb has enough brand recognition and loyal customers that if you turned off marketing spend then revenue would drop but not to zero. So Where Does Airbnb They Go From Here?
A recent post by Sabrina Wu and Vivek Ramaswami of Madrona , shows what roles AI agents are already impacting in a company’s P&L: Taxes & Interest: Emerging AI solutions are optimizing tax management, sales tracking, and financial reporting. Goldman Sachs CEO recently suggested that AI could take over writing IPO prospectuses.
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