Potential solution for Brian: Preferred Stock for Hosts as compensation?

[John-and-Heather0]

Here's a thought just trying to be constructive. Like many of you, I was taught long ago by a business mentor, "Pay people what they are worth, or they will take it from you."  The recent cancellation policy changes (against our will), value all of us who comprise the true assets of Airbnb at $0.  Or maybe, .125% of what was just taken from us when Airbnb unilaterally violated our cancellation policies.

So here's a solution: since Chesky is trying so hard to save his company and his IPO, what about a play to compensate hosts 100% for coronavirus cancellations by structuring preferred stock, available only to hosts, if or when the IPO happens? 

We just got the stick big time. We need a carrot. Otherwise, the company will just implode in the lack of trust.

[Susan17]

@Sharon1014

Wait for it...

The new resources will support Airbnb’s ongoing work to invest over the long term in our community of hosts who share their homes and experiences, as well as the work to serve all stakeholders in the Airbnb community.

Probably still won't stop them humiliating and making beggars of us, with their lunatic plans of sending out requests for charitable donations, in our names, from our former guests though.. 

[Sharon1014]

@Susan17  Mwahahaha… hilarious!  And yeah, they seriously need some mature adult common sense on board in management.  The kids are running the show at present and flip flopping all over the place.  That disconnect between where their heads are at (choose your location) and the reality check experience of hosts at ground level.  I do still have some hope that having their rear ends kicked so hard in all of this will be a wake-up call that it's time to grow up and get some professional risk management skills on board.

[Louise0]

@Sharon1014  the media release states "The new resources will support Airbnb’s ongoing work to invest over the long term in its community of hosts who share their homes and experiences, as well as the work to serve all stakeholders in the Airbnb community."  So, presumably, it's an injection of working capital. When an entity raises working capital by issuing equity it's usually a red flag.

[Juan63]

I thought that was a great idea weeks ago.