On May 5, Airbnb announced that it would lay off about 25% of its workforce, that is 1,900 people, in response to the current drop in demand due to the crisis. It also announced that it would stop non-core business initiatives such as Transportation, Airbnb Studios, Hotels and Lux. These changes occur despite the significant US$2 billion capital injection that it had received just a few weeks earlier. But this is not the end of Airbnb; on the contrary, they will be with us for a long time.
The economic recovery in the State will be for everyone, so everyone must participate.
Vacation rental units are not a new phenomenon. However, Airbnb disrupted the market through its technology platform. This is an attractive source of income as Airbnb, HomeAway, and their peers shift the responsibility for real estate investment to individuals, rather than relying on larger developers or operators. With this shift, these companies spurred a new wave of development and ownership structures that seek to profit from unattended lodging demand. (more…)
SAN FRANCISCO, Ca., June 2, 2020 /BUSINESS WIRE/ — Stateset Inc., a smart workspace for B2B eCommerce companies to optimize gross merchandise volume (GMV) directly on a global business network of merchants, retailers, vendors and lenders, today announced Vikal Kapoor, Co-Founder and Chief Executive Officer, will be presenting at the Bank of America Securities 2020 Global Technology Conference.
Stateset Inc. is scheduled to present on Tuesday, June 2, 2020 at 1:00 p.m. PT (4:00 p.m. EDT) and will be available live via webcast, accessible from the Investors page of Stateset’s website. An archive of the presentation will also be available by request. (more…)
In this founder advice segment we go back to our European roots interviewing Yetunde Oshodi-Fraudeau, of Cook’n with Class. Cook’n With Class is a French cooking school that started in Paris in 2007 by Chef Eric Fraudeau a professional French chef with over 30 years of experience in France, the United States, Canada, & Mexico. In 2015, Chef Eric and his wife Yetunde opened a second school, Cook’n with Class Uzès in the South of France in a medieval city called Uzès on the doorsteps to Provence. The school offers day classes in French cuisine with market to table classes, French desserts, and baking classes, & wine and cheese tastings. We also host culinary holidays and tours for a full immersion in French culture and cuisine both in Paris and in southern France.
You can sign up to one of their virtual cooking classes here, and subscribe to their YouTube Channel to get a “taste” of what they do. (more…)
This isn’t just another list of “Best Web Hosts” for your website or a comparison of website hosting providers. This post is meant to provide you with the best practices that we’ve gotten from over 15 years of running and hosting our own websites and businesses online. So if you see a web host or a registrar that isn’t on this list, it’s been excluded on purpose, if you have a question about a web registrar of a web hosting company then ask in the comments and we’ll do our best to reply to you in a timely manner. (more…)
In 2002, Joan Magretta published a fascinating article in the Harvard Business Review (HBR) titled “Why Business Models Matter.”
For years prior, the talk of “business models” was considered sheer poppycock by people in the tech world, but 2002 was right when the internet bubble burst. Investors were keen to stay away from anything and everything that had to do with tech. It was time to discuss business models.
Magretta made an excellent observation; it was that “good business models begin with the insight into human motivations” – basically a foundational element of what we today call human-centered design. (more…)