Modern MBA

Data

Airbnb

The American marketplace that made short-term rentals mainstream, listing more places to stay than the largest hotel chains have rooms.

10 figures on Airbnb, drawn from 3 Modern MBA case studies.

The figures

US dollars8

Against its own chart
Operating income in millions · 2022$1,802M1st of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in 2022, in millions of dollars$1,802M1st of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in millions · 2021$429M2nd of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in millions · 2018$19M3rd of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in millions · 2017−$81M4th of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in millions · 2016−$133M5th of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in millions · 2019−$501M6th of 7 · top $1,802MWhy the scooter startups all went bankrupt
Operating income in millions · 2020−$3,590M7th of 7 · top $1,802MWhy the scooter startups all went bankrupt

Percentages2

Against its own chart
Gross margins of consumer electronics companies against consumer software83%2nd of 9 · top 89%Why Insta360 beat GoPro at its own game
Gross margins of platforms against brands and manufacturers73%2nd of 8 · top 82%Why Temu and Wish can't make money

Case studies covering Airbnb

Case study — TechnologyWhy Insta360 beat GoPro at its own gameGoPro invented the category. A startup took 82% of the market and now owns a future that nobody thought was possible.10 min readCase study — TechnologyWhy the scooter startups all went bankruptA Bird scooter grossed $2,000 a year, cost $1,300 to buy, and $1,000 to maintain. It lost money on every vehicle, always.15 min readCase study — TechnologyWhy Temu and Wish can't make moneyWish spent 90 cents of every revenue dollar on ads to buy customers worth $10. AliExpress never profited either. Temu is next.15 min read

New episodes

Don’t let an algorithm decide what you get to see.

Get an email the moment a new episode drops, with commentary that never made the final cut.

✓ One email per episode. Nothing else, ever
✓ No spam, no sponsors in your inbox
✓ Unsubscribe in one click