Deborahears, my wife and i have traveled across the country, especially across the towns, to learn about those parts of the american story. For conversation about future travel, i am glad to welcome the. Eo of airbnb, brian thank you so much for joining us. I have questions about your business in the olden times, in the future times. I want to start with one big picture question about all the enterprises that have an affected by the enterprise, yours has to be most affected. You are about mobility, and people have not been mobile. What is the main lesson, surprise, or discovery that you personally have taken from the experience in the last eight months or so. Ourn we lost about 80 of business in eight weeks, that we had spent about a decade building. That was quite surprising. What may have been even more surprising what is what happened next. What happens next is people, no matter the circumstances, in the midst of the pandemic, still had the desire to travel. They did not want to get
People have not been mobile. What is the main lesson, surprise, or discovery that you personally have taken from the experience in the last eight months or so. Ourn we lost about 80 of business in eight weeks, that we had spent about a decade building. That was quite surprising. What may have been even more surprising what is what happened next. What happens next is people, no matter the circumstances, in the midst of the pandemic, still had the desire to travel. They did not want to get on planes, they were not necessarily traveling for business, they did not want to go to a hotel or crowded tourist district, but they did want to get in a car with a tank of gas and go to a community, and often some of them were getting homes with airbnb. So i think there is just a fundamental desire that people have to travel, to connect, the see the world, and i dont think that anything can stop it, let alone a pandemic. Obviously, people have to do it responsibly, but there is still a very strongwil
Travel, i am glad to welcome the. Eo of airbnb, brian thank you so much for joining us. I have questions about your business in the olden times, in the future times. I want to start with one big picture question about all the enterprises that have an affected by the enterprise, yours has to be most affected. You are about mobility, and people have not been mobile. What is the main lesson, surprise, or discovery that you personally have taken from the experience in the last eight months or so. Ourn we lost about 80 of business in eight weeks, that we had spent about a decade building. That was quite surprising. What may have been even more surprising what is what happened next. What happens next is people, no matter the circumstances, in the midst of the pandemic, still had the desire to travel. They did not want to get on planes, they were not necessarily traveling for business, they did not want to go to a hotel or crowded tourist district, but they did want to get in a car with a tan
Something i know its something we didnt see as an ideal tool in our institutional context. And i think, you know, different Central Banks around the world did Different Things and we can observe how those things work, but i dont think we regard that as a firstorder tool or something we would be likely to use. There are other things that we need to look at. And i would say yield curve control, sort of shortterm yield curve control is something thats worth looking at. Not at all something that we havent looked at it, but it will be something that we look at when the time comes and the last thing ill say is, you know, i think our tool kit, well use it aggressively to the extent we need to. Yeah. To achieve our mandate. So one of the questions i got from someone today, who knew i was going to be asking you questions, was, is there an unintended consequence of in a reasonable growth, low employment near the target rate inflation rate, is there an unintended consequence of easing into that e
And pfizer is demanding the state of nebraska not use any of its drugs to carry out the death penalty. The state planning to execute chemicals with a cocktail of drugs, three of which pfizer makes. Emily this is Bloomberg Technology. Coming up, stitch fix goes public. We discuss what sets the online Styling Company apart. Plus, elon musk reveals Tesla Semitruck to much fanfare, so will it up and a band upend the industry . And one of apples most anticipated new devices will not be available for the Holiday Shopping season. Why customers will have to wait until next year to get the homepod. First, to our lead. Shares of stitch fix topped at the open but then cooled off on its first day of trading. One highprofile backer is still bullish. I spoke with him earlier today and asked what he sees that other investors do not. Have early in my career, i the opportunity to get very close to the Management Team at dell, the computer company, where i worked on wall street as a sell side analyst. O