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> Airbnb was never profitable (I think)

Do you have any sources for this?



AirBnB first announced profitability in 2018, followed by 2019.

https://www.bloomberg.com/news/articles/2019-01-15/airbnb-sa...

That said, I'm not sure how many asterisks are attached to the definition of profitable. Likewise, the fact that a company that holds no substantial assets while operating in the face of most regulations only became profitable in 2018, while clearly being the market leader, makes me wonder what is going on with their financials. It should not take 10 years for a company like AirBnB to become profitable, it should take closer to 5.

I know they had a disagreement with their CFO in 2018, and it took them the better part of a year to find a replacement. Admittedly, the replacement seems incredibly qualified.

https://www.cnbc.com/2018/11/26/airbnb-hires-cfo-dave-stephe...


No they didn't. Literally the first sentence of your Bloomberg link includes "based on a common measure that excludes some expenses."

They made an EBITDA (operating) profit. They were not a profitable company.


What has happened to HN that asking for sources/evidence is now something that gets you downvoted? Asking for supporting evidence should never get downvoted.




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