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No Soft Landing (EP.282)

Animal Spirits Podcast

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Airbnb

Airbnb had a blowout quarter. They think the whole remote work thing, people being able to travel more is a huge thing. The stock was still down 10%, which I think people were worried that we're just going to go into recession. Their losses are shrinking for 1, 2, 3, 4, 5 quarters. But their share count keeps rising. Investors getting diluted as generally.

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