I predict that cities like Barcelona and Venice are going to limit the number of people who are able to come in during any period of time. I think so Barcelona, for example, had on average 20 million tourists per year coming and visiting. There are cities in Europe right now that are completely given over to Airbnb's at this point. But I also think that the local residents enjoyed the peace and quiet and they're the ones who get to vote.
As loans get more expensive, what are the ripple effects for start-up companies in the tech industry?
(00:21) Bill Mann discusses: - Uber's 1st-quarter results and CEO Dara Khosrowshahi's declaration of profitability in 2023 - Pfizer's results beating expectations despite demand for its Covid vaccine is falling - Why he's more interested in the Federal Reserve on Wednesday than the jobs report on Friday
(10:49) Alison Southwick and Robert Brokamp continue their conversation with Bill Mann about how the "new normal" is affecting the tech industry in Silicon Valley.
Investments discussed: UBER, PFE, MRK, AAPL
Host: Chris Hill Guests: Bill Mann, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices