What We’re Reading
Marker’s Weekend Reads: Brian Chesky on Rejection, Real Estate Feels the Compass Effect, Most-Viewed GIFs of 2020
Some of the great articles on Medium that we’ve been reading and talking about. Happy reading (and highlighting)!
Airbnb CEO Brian Chesky momentarily found himself at a loss for words on Bloomberg TV when host Emily Chang reported shares were set to trade at $139, more than double the IPO’s price of $68. The home-rental company closed its first day with a mind-boggling $100.7 billion market cap. Mario Gabriele broke down the company’s S-1 filing earlier this week in Marker, and it’s a testament to how far the company has come. “Next time you have an idea and it gets rejected, I want you to think of these emails,” Chesky wrote on Medium after posting screenshots of rejection emails from investors back in 2008. At the time, he was trying to raise $150,000 at a $1.5 million valuation, and the company was on the brink of collapse. — Gloria Oh, Senior Ideas Editor, Marker
