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Meta's looming layoffs & path forward, Airbnb answers concerns & more | E1606
This Week in Startups
Is This Lyft's Third Riff?
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Zuck: I believe Zuck has so much pride and wants to win so badly that this moment in time, going from $360 a share to $90 a share, looking like a fool, will make suck, not break suck. He says the first piece of medicine is doing what he's never had to do, which is to say I was wrong. Jack said he was wrong for hiring so many people at Twitter this weekend. Brian Chesky made that huge riff. Now he's throwing a free cash flow. Dara at Uber made that giant one. And you look at Lyft, Stripe, Open Door, these cuts are happening. It may be their second or third riff
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