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0 pointsaddicted1y ago0 comments

It’s pretty clear why “hire good people and let them do their jobs” wouldn’t work for AirBNB.

AirBNB is a company that’s entirely built upon getting around regulations and destroying wealth (but passing on the costs onto others).

Good people coming in to the company assume it provides some actual value so they don’t make decisions that are net negative and just ensure passing on the cost to others.

But this isn’t something that’s gonna be stated outright so it largely remains within the head of the founder so the ideas that make the company work also remain within the head of the founder which is why they’re essential for the company to tick.

0 comments

MailleQuiMaille1y ago

Yup. Uber, Airbnb, Spotify…All these companies we glorify for essentially being a well polished middleman are like this. Glad someone else sees it like it is.

j / k navigate · click thread line to collapse

0 pointsaddicted1y ago0 comments

It’s pretty clear why “hire good people and let them do their jobs” wouldn’t work for AirBNB.

AirBNB is a company that’s entirely built upon getting around regulations and destroying wealth (but passing on the costs onto others).

Good people coming in to the company assume it provides some actual value so they don’t make decisions that are net negative and just ensure passing on the cost to others.

0 comments

MailleQuiMaille1y ago

Yup. Uber, Airbnb, Spotify…All these companies we glorify for essentially being a well polished middleman are like this. Glad someone else sees it like it is.

j / k navigate · click thread line to collapse