Brian Chesky

Rouse Street was the apartment that Jonay and I started.

And I said, we're going to act like a startup.

And the team just grinded really, really hard.

We weren't working like a big company.

We were a very small team, grinding really hard, focusing on obsessing over the customer experience, really looking at the data.

And we really got a lot of points on the board.

And then we really started taking these pods and we really started working with the teams, trying to coach them how we worked in the early days.

And I just think the pace increased, the intensity increased.

We really tried to bring in world-class people onto the team.

They got very, very focused.

We tried to get all the management and bureaucracy out of their way.

And it's been a couple years.

And in fact, we were doing this last year, but one of the things is, as you know, financial results are lagging indicators, especially when you're a big company.

So it takes sometimes a while to get the financial numbers to reflect what's happening inside the company.

But I feel like we're a startup again, more than ever.

We're like...

where we feel much younger and smaller than earlier.

And I think with AI, that would be the other thing, is 60% of our code is now written by AI, which is twice our benchmark of our competitors and peers.

And it's really, really helping us.

AI, I think, is a huge boon to us.