Brian Chesky

So there's only eight week window between resignation and resignation. He's not even there. It's not like Bezos retired, but he's the executive chair. I think that Tim Cook basically took Apple from $300 million to whatever, $3 trillion, added more than 90% of the market cap, and it's done very, very well. He's a great operator. A couple things to say, though.

Number one, just because Tim added $2.7 trillion in market cap and Steed added $300 billion doesn't mean that Tim did most of the work because he inherited the most valuable product of all time. And there was just really continuing momentum.

Number one, just because Tim added $2.7 trillion in market cap and Steed added $300 billion doesn't mean that Tim did most of the work because he inherited the most valuable product of all time. And there was just really continuing momentum.

Number one, just because Tim added $2.7 trillion in market cap and Steed added $300 billion doesn't mean that Tim did most of the work because he inherited the most valuable product of all time. And there was just really continuing momentum.

The iPhone. Probably the most successful product in the history of capitalism, right? I don't think that any other product has generated more profit. Maybe not more revenue, but more profit than the iPhone. The most successful company probably in the history of capitalism or at least certainly last 25 years. It's crazy when you think about it. Then ask yourself a couple other questions.

The iPhone. Probably the most successful product in the history of capitalism, right? I don't think that any other product has generated more profit. Maybe not more revenue, but more profit than the iPhone. The most successful company probably in the history of capitalism or at least certainly last 25 years. It's crazy when you think about it. Then ask yourself a couple other questions.

The iPhone. Probably the most successful product in the history of capitalism, right? I don't think that any other product has generated more profit. Maybe not more revenue, but more profit than the iPhone. The most successful company probably in the history of capitalism or at least certainly last 25 years. It's crazy when you think about it. Then ask yourself a couple other questions.

Let's imagine Steve Jobs didn't die in 2011. He died in 2005. right when the iPod video had just launched. Would they have come up with the iPhone? They might have. Would it have been the most successful consumer product of all time? Maybe not. I don't know who would have done it.

Let's imagine Steve Jobs didn't die in 2011. He died in 2005. right when the iPod video had just launched. Would they have come up with the iPhone? They might have. Would it have been the most successful consumer product of all time? Maybe not. I don't know who would have done it.

Let's imagine Steve Jobs didn't die in 2011. He died in 2005. right when the iPod video had just launched. Would they have come up with the iPhone? They might have. Would it have been the most successful consumer product of all time? Maybe not. I don't know who would have done it.

My general philosophy is that Tim was an incredible period where what they really needed to do was maybe not invent a new product, but take the most successful product of all time and scale it and manufacture it and make it a completely ubiquitous product. And he did that. But the technology industry, I mean, the word technology may as well be a synonym for the word change.

My general philosophy is that Tim was an incredible period where what they really needed to do was maybe not invent a new product, but take the most successful product of all time and scale it and manufacture it and make it a completely ubiquitous product. And he did that. But the technology industry, I mean, the word technology may as well be a synonym for the word change.

My general philosophy is that Tim was an incredible period where what they really needed to do was maybe not invent a new product, but take the most successful product of all time and scale it and manufacture it and make it a completely ubiquitous product. And he did that. But the technology industry, I mean, the word technology may as well be a synonym for the word change.

We're in the change industry. And it is very, very dangerous to not be constantly changing. And if you're a company that makes devices, the most important thing you need to do are make new tools, make new devices. I saw a Bloomberg report that said they're moving away from launches. They're moving more towards services. They're going more divisional.

We're in the change industry. And it is very, very dangerous to not be constantly changing. And if you're a company that makes devices, the most important thing you need to do are make new tools, make new devices. I saw a Bloomberg report that said they're moving away from launches. They're moving more towards services. They're going more divisional.

We're in the change industry. And it is very, very dangerous to not be constantly changing. And if you're a company that makes devices, the most important thing you need to do are make new tools, make new devices. I saw a Bloomberg report that said they're moving away from launches. They're moving more towards services. They're going more divisional.

I think that whenever Tim – my unsolicited advice is whenever Tim decides to retire – The next CEO should also be the chief product officer. I asked people who was the chief product officer at Apple when Steve was live, and everyone said Steve. It wasn't Phil Schiller. Phil Schiller was a great SVP of product marketing, but he wasn't the chief product officer.

I think that whenever Tim – my unsolicited advice is whenever Tim decides to retire – The next CEO should also be the chief product officer. I asked people who was the chief product officer at Apple when Steve was live, and everyone said Steve. It wasn't Phil Schiller. Phil Schiller was a great SVP of product marketing, but he wasn't the chief product officer.

I think that whenever Tim – my unsolicited advice is whenever Tim decides to retire – The next CEO should also be the chief product officer. I asked people who was the chief product officer at Apple when Steve was live, and everyone said Steve. It wasn't Phil Schiller. Phil Schiller was a great SVP of product marketing, but he wasn't the chief product officer.

That is a product company, and you really want to make sure long-term that a product person is driving the company. This goes to the very awkward thing that no one wants to talk about. Succession planning is hard because the people that are great product visionaries are typically young. They're young, they're less mature.