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Keith Rabois of Founders Fund + AirBnB's earnings & evolving customer base, SF BOE recall | E1388

This Week in Startups

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Are We Going to Have a Direct Democracy?

Inflation would typically affect wages. Most of the employees at the early stage startups we work at are more like engineers and designers who are paid and compensated at a very high rates to start. The cost of goods, like a door dash delivery Uber driver is going to significantly change. It has changed. That means the price of Uber and price of a Lyft just has to become expensive because the primary cost is significantly higher. Until there's autonomous driving, there's no way around that for Uber or Lyft. And so those costs go up.

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