The episode opens up with a look at Airbnb's decision to exit the Chinese market, a move that I see as part of a larger exodus of foreign tech companies who've been unwelcome in China and continuously managing complicated relationships with the Chinese government's regulators. Next, as we see foreign companies exiting China, the government has pledged to now support its domestic tech enterprises. Is this the end of China's "crackdown on tech" or just more posturing? Also covered in this episode, SoftBank's LatAm division leaving to start a new outside venture and Ford CEO Jim Farley's comments on taking Ford's EV sales direct-to-consumer, potentially cutting out Ford's vast American dealership network.
#podcast #Airbnbstock #techindustry
Winner Take All