Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
11 Dec 2020 Acquired Airbnb
“I'm curious what they'll start reinvesting in now that they're through this period, and obviously have to show a really good quarter and next quarter after that in order to keep the investor excitement as high as where it is right now.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 11 Dec 2020
- Publisher
- Acquired
- Episode
- Airbnb
Transcript context
…Absolutely. Any other nuggets, or should we move on to narratives? Let's see. One thing to know before they IPOed is they had $2.7 billion of cash in the bank and then they had another $1.8 billion in marketable securities. They were going to double that cash because they were going to raise $2.4 billion. They ended up raising $3.5 billion. They now have a cash chest of $7 billion-ish. The company will continue to be able to weather storms for a while, it looks like. I'm curious what they'll start reinvesting in now that they're through this period, and obviously have to show a really good quarter and next quarter after that in order to keep the investor excitement as high as where it is right now. I'm just so confused. Maybe we should discuss the narratives.…
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