Brian Chesky

So we thought, well, what if we basically put together a whole collection of almost like Airbnb certified hosts that can manage your Airbnb for you? So we could basically create a marketplace where we match people with homes but don't have time with people. The best hosts in Airbnb don't want to expand, but they don't have a home.

So we thought, well, what if we basically put together a whole collection of almost like Airbnb certified hosts that can manage your Airbnb for you? So we could basically create a marketplace where we match people with homes but don't have time with people. The best hosts in Airbnb don't want to expand, but they don't have a home.

So we thought, well, what if we basically put together a whole collection of almost like Airbnb certified hosts that can manage your Airbnb for you? So we could basically create a marketplace where we match people with homes but don't have time with people. The best hosts in Airbnb don't want to expand, but they don't have a home.

And these would be people that only manage a few properties, so they're not going to be managing you and 100 other homes, maybe three, four, or five other homes. And so that is what we built. We built a network of co-hosts who will host your property with you and take care of your home and your guests. The average rating of a co-host is a 4.86. 73% are super hosts. And we have...

And these would be people that only manage a few properties, so they're not going to be managing you and 100 other homes, maybe three, four, or five other homes. And so that is what we built. We built a network of co-hosts who will host your property with you and take care of your home and your guests. The average rating of a co-host is a 4.86. 73% are super hosts. And we have...

And these would be people that only manage a few properties, so they're not going to be managing you and 100 other homes, maybe three, four, or five other homes. And so that is what we built. We built a network of co-hosts who will host your property with you and take care of your home and your guests. The average rating of a co-host is a 4.86. 73% are super hosts. And we have...

10,000 of them today in 10 countries, including, of course, here in the United States. So if anyone's listening and they'd like to make $20,000 a year with a house they already have and do very minimal work, you can go online. You'll go to the co-host network. We'll match you to the very best person for you. You'll have some choices.

10,000 of them today in 10 countries, including, of course, here in the United States. So if anyone's listening and they'd like to make $20,000 a year with a house they already have and do very minimal work, you can go online. You'll go to the co-host network. We'll match you to the very best person for you. You'll have some choices.

10,000 of them today in 10 countries, including, of course, here in the United States. So if anyone's listening and they'd like to make $20,000 a year with a house they already have and do very minimal work, you can go online. You'll go to the co-host network. We'll match you to the very best person for you. You'll have some choices.

It's basically like 80 different factors to match you to the right co-host. Most importantly, where are you located? We want somebody near you. And then you negotiate the rate. So how do you how do you pay them? They take a cut on your bookings and you decide that cut or you negotiate together and they give and it can be based on whatever service you want.

It's basically like 80 different factors to match you to the right co-host. Most importantly, where are you located? We want somebody near you. And then you negotiate the rate. So how do you how do you pay them? They take a cut on your bookings and you decide that cut or you negotiate together and they give and it can be based on whatever service you want.

It's basically like 80 different factors to match you to the right co-host. Most importantly, where are you located? We want somebody near you. And then you negotiate the rate. So how do you how do you pay them? They take a cut on your bookings and you decide that cut or you negotiate together and they give and it can be based on whatever service you want.

They can do all the hosting for you or they can do just some of it. So it's totally in your control. So, again, just to bring it all back. I think this is going to lock hundreds of thousands, potentially even millions of homes in Airbnb. And I think most importantly, this is going to lock more real people, regular people,

They can do all the hosting for you or they can do just some of it. So it's totally in your control. So, again, just to bring it all back. I think this is going to lock hundreds of thousands, potentially even millions of homes in Airbnb. And I think most importantly, this is going to lock more real people, regular people,

They can do all the hosting for you or they can do just some of it. So it's totally in your control. So, again, just to bring it all back. I think this is going to lock hundreds of thousands, potentially even millions of homes in Airbnb. And I think most importantly, this is going to lock more real people, regular people,

renting the homes they live in, rather than more furnished, dedicated rentals, which is what more likely a third-party property manager would likely do. So that's the main thing we announced. But of course, that's not it. Because as you know, twice a year, we want to make these big upgrades.

renting the homes they live in, rather than more furnished, dedicated rentals, which is what more likely a third-party property manager would likely do. So that's the main thing we announced. But of course, that's not it. Because as you know, twice a year, we want to make these big upgrades.

renting the homes they live in, rather than more furnished, dedicated rentals, which is what more likely a third-party property manager would likely do. So that's the main thing we announced. But of course, that's not it. Because as you know, twice a year, we want to make these big upgrades.

We can talk a little bit more, maybe, if you want to go into later, why we do these, because it's a different way. We develop software a little more like a hardware company. where instead of just doing this continuous development every hour of every day, we do some of that. We try to have these big single moments where we bring a lot of upgrades together.

We can talk a little bit more, maybe, if you want to go into later, why we do these, because it's a different way. We develop software a little more like a hardware company. where instead of just doing this continuous development every hour of every day, we do some of that. We try to have these big single moments where we bring a lot of upgrades together.