Can you believe I have actually made a video every week for 7 weeks!? That deserves a like AND a comment! Seriously though, I really appreciate you watching! More to come!
Love the contents, the way the ideas are shared and the video editing. 5 stars! Hoping to see a video about Palantir. We need someone to explain us in a structured way what they are selling. Thanks.
Hey Dave, Amazing job on the video! Your apple car one rocked also, loved the windows startup sound effect. Where do you find the time for all this? You must not sleep.
My friend, we'll call him or her, took a job at AirBnB over offers from Google and Facebook. I was impressed with his, meh, or hers decision. I thought it showed great forward thinking, on top of being smarter at 14 years old a decade ago, than I have ever been (assuming I'm getting smarter after 40... hardly) I never did ask him, um, or her what made him choose AirBnB, maybe it was the move in package, and this was about 2 years ago, before FB lost America (it is happening) in taking a bet on Democrat's, and continuing there attack on free speech, I will be delighted when Zuckerberg finally admits he should have stayed out of politics. There are literally 200 plus million with there bags packed ready to exit FB once and for all. Twitter may actually have a larger exodus. They seem hell bent on losing 80 million plus users just in America alone. I don't know if they've done there research in how exodus work. FB should know they will literally blow like a super volcano, they'll lose a bunch of users, try to block everyone leaving by using more dirty tricks that lost them all dignity and respect in the first place. Ultimately people will be so inactive, even the fudging they do with the numbers to attract advertiser's won't fool savvy adspace seekers, ad revenue will plunder, stock price will crash and then the volcano will blow when there site begins to look like a graveyard of closed accounts. Just like Friendster and MySpace (i miss it, less invasive, supported arts and creativity and privacy) Facebook will become a graveyard and all the little friends that Zuckerberg thinks he has, will turn there backs so fast. The difference between Zuckerberg and the philanthropists who are daring and making risk adverse bets to tackle tomorrow's problems is two fold, one, they have a product to, you Zuckerberg, do not. They are in most cases inventors of something cutting edge, you Zuckerberg, despite the claims of your movie, did not invent anything. You made an idea worse. I would venture to say if it weren't for wise minds around you, no way would you have navigated Facebook to profit. Luckily you made 1 good move, going public and 2, buying Instagram. But there's one more little issue. No matter how much money you spend trying to keep competition from reaching mass expansion, well 2 issues, Trumps social engine is going to be a hit. This doesn't guarantee you keep the left, what's funny though is if this does unfold this way, we'll get a better idea how much corruption went in to stealing the election. The other issue, and a huge issue for even Trump, Facebook (and I don't mean to help them with where they should be focusing, it's so obvious, if they don't know yet, they just don't get it) is viewed by the younger generation as there parents platform, and Twitter is the anti-cool. The kids are already meeting up on platforms I've never heard of, that have ways to hide and bypass there parents block features. AirBnB has such a huge leg up on everyone, I'm sure there will be an alternative for locals in different markets, chances are they'll be listed on both and AirBnB will either beat the price or deliver on a rewards program for a free night after a number of bookings. Honestly I've never stayed at an AirBnB nor do I have any idea if they have a rewards program or plans to maybe, bank, provide loan services or credit cards. I mean, I would. I would have a crypto currency and every property user would get a bunch of merchandise with the AirBnB logo on it for customers to keep when they stay at a property so that the name is even more engraved into the hearts and minds of folks around the world. But I'm not that smart my niece at AirBnB, Marianakaka Junipero Kayatewhey Germanonono is. (If that's a real person, wow, that's incredible, Go AirBnB.
I think a lot of people got scared off with just the general sentiment of “IPO’s are overpriced” but I’m a big fan of AirBNB and do see a lot of positives in their future!
Hey There - I agree with you on AirBnb. Thank you for the heads up on Nomadic Living, it was not on my radar. I will have to keep an eye out on the AirBnB site for an office space category. Around me there are are many options for remote working spaces you can rent daily weekly etc. I had not thought about that with AirBnb. One thing I have do not see in AirBnB reviews that I think is being missed is the "Experiences" offerings. It gives folks not owning property a potential "side hustle" to host hikes, site seeing etc. and folks like you / your family an opportunity to experience something new a Win Win (and more revenue for AirBnB).
Great video. Keeping my $ABNB. How am I hearing about this Maine trip of yours from a RUclips video!? This was a needed week off but looking forward to getting back to DumbMoney next week so hopefully your not leaving for Maine anytime soon
Hey Dave, good video... Huge Air B n B fan here I always reach for an Air B n B reservation first and foremost. Now my grown daughters do the same. So many interesting places and people... All over the world. Thx for so much valuable info from you and the guys!!!
Thanks Dave. Great stuff. Do you think there's any information arb opportunity here? I know many others are also optimistic about ABNB so I'm curious how much of you think your bullish case is already priced in.
My neighbors (Boy Scout Family network 🤓) where all doing remote work and digital learning and they were starting to post their work life during pandemic. I was like , why the heck we didn’t think of that? So we did that twice during 2020 (using Airbnb) and now I’m a stick holder 😅😂🤣
The $68 price of the IPO was nearly impossible to get, so it doesn't count as something we could get. The stock has moved mostly sideways outside of the IPO price. So the headline on this video is a bit misleading.
I’m a fan of Airbnb, But lately the price and fees are seem to be a bit higher than hotel and plus my little one is only 16 months, hotel is for me at the moment, feel like my baby will blow someone’s house up hahaha. But will be investing in the stock for sure lol
Well yeah because there's no demand for hotels right now. You're in a small building with a bunch of people during a pandemic, hotels are ghost towns right now.
Would've been great to have gotten in prior to January, but now it seems to be jumping all over the place, hitting a peek around March 15th. Now it's dipping again for some reason. Weird.
We gonna talk about how the income losses were related to the one time IPO and that the revenue decline from 2019 when it was close to 5B revenue or you just gonna cherry pick? Let's take a look at Marriott. 2B revenue in 2020 with around a 50 Billion valuation, slower projected growth rate, old industry being disrupted. Cherry-picking feels nice doesn't it?
@@nonenone4815 "cherry picking" Hardly. Company hasn't generated an income ever and somehow the market cap is 100b? The revenue doesn't justify it's 100b market cap at any point. Yeah I am cherry picking...
IDK I think they need to be more up front with their prices ... I was booking a Airbnb for next month and go to checkout and there's all these surcharges the one that got me was a 90$ cleaning fee!!! like bro iam not gonna make a 90$ mess long story short ended up booking a hotel a lot cheaper
Tell that to the hotels too with their resort fees, I booked at Harvey’s for 50 a night and after all was said and done it came out to $125! I canceled and switched to my parents time share.
I know Chris doesn't care about or even look at fundamentals, but you seem to have some interest in the fundamentals so why not mention that this company has lost a massive amount of money, they are expecting to lose a boatload of money again this year, and this still blows my mind, they are expecting to lose a ton of money even NEXT year in 2022! I don't even know how this company can incinerate this much cash? Current valuation is $116 BILLION dollars. You are just asking to lose your shirt if you hold long term, and good luck when the lockup expiration comes. Plus they have endless competitors now: Vrbo, Booking, HomeToGo, Google, Holidu, Tripadvisor, Agoda, Expedia, Trip and others...
Wow. I would recommend covering your short ASAP. The losses from last quarter was due to stock options they had given to employees coupled with the worst quarter due to covid. Cover your short ASAP. If you’re a share holder don’t fall into the fear by these fear mongering comments. Airbnb has been around for 10+ years and this is the tipping THANKS to Covid. It’s a household name now.
Even if they double 2020 revenue, they are still trading at a 16 P/S. I'll wait until the world is back to normal to take on an investment, but your thesis on its future success is right.
Hi great video!! We own a big Airbnb corporate Housing business in Dallas and Houston. We will be happy to meet you one day! Will be happy to get input from someone like you how do we run the business. Maybe even get you as investor on our Dallas company. And of course maybe we can do all of that as your new RUclips video. Please look online for " F.A.D Furnished Apartments Dallas " Ask for Zak and I will be more than happy to meet you on zoom or in one of your bars in Dallas :)
Can you believe I have actually made a video every week for 7 weeks!? That deserves a like AND a comment! Seriously though, I really appreciate you watching! More to come!
1 Like + 1 Comment has been awarded 🥇
That’s a great strike! Are you going to do 2 per week?👀
Love the contents, the way the ideas are shared and the video editing. 5 stars!
Hoping to see a video about Palantir. We need someone to explain us in a structured way what they are selling. Thanks.
Hey Dave, Amazing job on the video! Your apple car one rocked also, loved the windows startup sound effect. Where do you find the time for all this? You must not sleep.
My friend, we'll call him or her, took a job at AirBnB over offers from Google and Facebook. I was impressed with his, meh, or hers decision. I thought it showed great forward thinking, on top of being smarter at 14 years old a decade ago, than I have ever been (assuming I'm getting smarter after 40... hardly) I never did ask him, um, or her what made him choose AirBnB, maybe it was the move in package, and this was about 2 years ago, before FB lost America (it is happening) in taking a bet on Democrat's, and continuing there attack on free speech, I will be delighted when Zuckerberg finally admits he should have stayed out of politics. There are literally 200 plus million with there bags packed ready to exit FB once and for all. Twitter may actually have a larger exodus. They seem hell bent on losing 80 million plus users just in America alone. I don't know if they've done there research in how exodus work. FB should know they will literally blow like a super volcano, they'll lose a bunch of users, try to block everyone leaving by using more dirty tricks that lost them all dignity and respect in the first place. Ultimately people will be so inactive, even the fudging they do with the numbers to attract advertiser's won't fool savvy adspace seekers, ad revenue will plunder, stock price will crash and then the volcano will blow when there site begins to look like a graveyard of closed accounts. Just like Friendster and MySpace (i miss it, less invasive, supported arts and creativity and privacy) Facebook will become a graveyard and all the little friends that Zuckerberg thinks he has, will turn there backs so fast. The difference between Zuckerberg and the philanthropists who are daring and making risk adverse bets to tackle tomorrow's problems is two fold, one, they have a product to, you Zuckerberg, do not. They are in most cases inventors of something cutting edge, you Zuckerberg, despite the claims of your movie, did not invent anything. You made an idea worse. I would venture to say if it weren't for wise minds around you, no way would you have navigated Facebook to profit. Luckily you made 1 good move, going public and 2, buying Instagram. But there's one more little issue. No matter how much money you spend trying to keep competition from reaching mass expansion, well 2 issues, Trumps social engine is going to be a hit. This doesn't guarantee you keep the left, what's funny though is if this does unfold this way, we'll get a better idea how much corruption went in to stealing the election. The other issue, and a huge issue for even Trump, Facebook (and I don't mean to help them with where they should be focusing, it's so obvious, if they don't know yet, they just don't get it) is viewed by the younger generation as there parents platform, and Twitter is the anti-cool. The kids are already meeting up on platforms I've never heard of, that have ways to hide and bypass there parents block features.
AirBnB has such a huge leg up on everyone, I'm sure there will be an alternative for locals in different markets, chances are they'll be listed on both and AirBnB will either beat the price or deliver on a rewards program for a free night after a number of bookings. Honestly I've never stayed at an AirBnB nor do I have any idea if they have a rewards program or plans to maybe, bank, provide loan services or credit cards. I mean, I would. I would have a crypto currency and every property user would get a bunch of merchandise with the AirBnB logo on it for customers to keep when they stay at a property so that the name is even more engraved into the hearts and minds of folks around the world. But I'm not that smart my niece at AirBnB, Marianakaka Junipero Kayatewhey Germanonono is. (If that's a real person, wow, that's incredible, Go AirBnB.
I think a lot of people got scared off with just the general sentiment of “IPO’s are overpriced” but I’m a big fan of AirBNB and do see a lot of positives in their future!
Their CEO was speechless on the day of the IPO when it jumped to a $100+ billion valuation!
Have been missing the dumb money live episodes this week!
Me too. Chris & Jordan are both on spring break with their families but we’ll be back with more next week!
"I invested in airbnb pre-ipo" so with other words you will only talk good about this company, period. Thanks for letting us know anyway
Awesome video, Dave! Really well explained and such smooth transitions. I love Airbnb as well from the few stays that I have had
Thanks Daniel!
Hey There - I agree with you on AirBnb. Thank you for the heads up on Nomadic Living, it was not on my radar. I will have to keep an eye out on the AirBnB site for an office space category. Around me there are are many options for remote working spaces you can rent daily weekly etc. I had not thought about that with AirBnb. One thing I have do not see in AirBnB reviews that I think is being missed is the "Experiences" offerings. It gives folks not owning property a potential "side hustle" to host hikes, site seeing etc. and folks like you / your family an opportunity to experience something new a Win Win (and more revenue for AirBnB).
Dave plz keep these stock research story telling type videos they're amazing best channel on RUclips
This video has a great flow and quality to it! Something fresh in the sea of seemingly same looking stock videos.
@@hannahmorrison7725 Have you been hacked or something?
Always enjoy a good Hey There, Dave Here video! 😃👊💥
Thanks 👍
Love the evolution of your channel, looked like vlogesque at first now more financial. You just gained a new sub! Keep up the great work.
Love what you doing and thankx keeping posted
I love Airbnb ❤️. After using their site for the first time I won't even look at a hotel the same way again. Great video Dave!
Hey Dave love your vids ^_^ and love how you explain complicated things to simple thank you
love to see someone soo serious about their work
Great video. Keeping my $ABNB. How am I hearing about this Maine trip of yours from a RUclips video!? This was a needed week off but looking forward to getting back to DumbMoney next week so hopefully your not leaving for Maine anytime soon
Hey Dave, good video... Huge Air B n B fan here I always reach for an Air B n B reservation first and foremost. Now my grown daughters do the same. So many interesting places and people... All over the world. Thx for so much valuable info from you and the guys!!!
Definitely long AirBNB! 😎🚀
Great investment advice Dave! Your content is always on point
I used airbnb to find a place to live over the summer when I had to relocate for my internship. I probably wouldn't host people in my house though.
In the fishing world a lot of pro's use it for tournaments because it's cheaper and safer to park a boat at a house then a hotel.
New favorite RUclips channel? Definitely!
Thanks Dave. Great stuff. Do you think there's any information arb opportunity here? I know many others are also optimistic about ABNB so I'm curious how much of you think your bullish case is already priced in.
My neighbors (Boy Scout Family network 🤓) where all doing remote work and digital learning and they were starting to post their work life during pandemic. I was like , why the heck we didn’t think of that? So we did that twice during 2020 (using Airbnb) and now I’m a stick holder 😅😂🤣
You always find a clever way to remind me to like the video 👌
The $68 price of the IPO was nearly impossible to get, so it doesn't count as something we could get. The stock has moved mostly sideways outside of the IPO price. So the headline on this video is a bit misleading.
love your dedication and quality of work
Great video! Airbnb is an essential part of my recovery trade plans.
$3 _billion_ in share based compensation following the IPO made the decision for management to go public easy lol
AND they under-priced the IPO by $4 billion
Dave i need to know if you edit your videos yourself! amazing editing
He does, I asked in the last one, amazing, right?
@@TylerLukey that’s crazy, he is an artist 😂
So knowledgeable Dave, should have had you take my SATs
I do Airbnb as a guest and a host. It’s potential is through the roof!!
Hey there Dave, next contest let one of us subs stay at your house as you host LOL!
Haha.Mayyyyybe
I have done air B and B prior to the Van demac lol! My sales dropped drastically.
I do believe they are on the comeback and I will probably put one of my properties back into the air B and B platform great video.
They last 3 stocks you did videos on have literally gone down ever since lol the Dave curse
Hey there, Jim here. This boomer thinks you deserve 1,000,000 subscribers ++ Keep up the great work. 68 and counting.
Dave you are a living legend. By far one of my favorite youtuber.
You have nothing better to do.
ABNB is my biggest holding, Dave. Love this.
Another great video! Could you do one on Snowflake?
I’m a fan of Airbnb, But lately the price and fees are seem to be a bit higher than hotel and plus my little one is only 16 months, hotel is for me at the moment, feel like my baby will blow someone’s house up hahaha. But will be investing in the stock for sure lol
Well yeah because there's no demand for hotels right now. You're in a small building with a bunch of people during a pandemic, hotels are ghost towns right now.
Needed my dumb money fix this week
I’ve got ya covered! More LIVE shows next week
Great video, extremely well done 👍
I'm bullish on ABNB as well
Without discussing the risks, this is just a commercial. C'mon.
The risks are the. Economy crashes and people have no money.
Great video Dave!!
Would've been great to have gotten in prior to January, but now it seems to be jumping all over the place, hitting a peek around March 15th. Now it's dipping again for some reason. Weird.
dude what camera do you use & how do you do the blur ?
Im dumb. I like money. This feels like home.
How did you invest pre IPO in 2018, through what platform?
I got shares through Forge Global (they were called Equidate at the time)
@@HeythereDavehere gotcha thanks for the reply
What were the 3 reasons for their current valuation?
Where ya going this summer?
3.38B revenue (2020)and the market cap is 100b
Net income - 4.58b (2020 data)
Good luck
We gonna talk about how the income losses were related to the one time IPO and that the revenue decline from 2019 when it was close to 5B revenue or you just gonna cherry pick? Let's take a look at Marriott. 2B revenue in 2020 with around a 50 Billion valuation, slower projected growth rate, old industry being disrupted. Cherry-picking feels nice doesn't it?
@@nonenone4815 "cherry picking"
Hardly. Company hasn't generated an income ever and somehow the market cap is 100b?
The revenue doesn't justify it's 100b market cap at any point.
Yeah I am cherry picking...
IDK I think they need to be more up front with their prices ... I was booking a Airbnb for next month and go to checkout and there's all these surcharges the one that got me was a 90$ cleaning fee!!! like bro iam not gonna make a 90$ mess long story short ended up booking a hotel a lot cheaper
Tell that to the hotels too with their resort fees, I booked at Harvey’s for 50 a night and after all was said and done it came out to $125! I canceled and switched to my parents time share.
I know Chris doesn't care about or even look at fundamentals, but you seem to have some interest in the fundamentals so why not mention that this company has lost a massive amount of money, they are expecting to lose a boatload of money again this year, and this still blows my mind, they are expecting to lose a ton of money even NEXT year in 2022! I don't even know how this company can incinerate this much cash? Current valuation is $116 BILLION dollars. You are just asking to lose your shirt if you hold long term, and good luck when the lockup expiration comes. Plus they have endless competitors now: Vrbo, Booking, HomeToGo, Google, Holidu, Tripadvisor, Agoda, Expedia, Trip and others...
True, lots of competitors - but much like Peloton, I think Airbnb has the brand advantage. Peloton is also not profitable.
Wow. I would recommend covering your short ASAP. The losses from last quarter was due to stock options they had given to employees coupled with the worst quarter due to covid. Cover your short ASAP. If you’re a share holder don’t fall into the fear by these fear mongering comments. Airbnb has been around for 10+ years and this is the tipping THANKS to Covid. It’s a household name now.
Great video
Glad you enjoyed it
35mm at f1.8?
35mm f/1.4!!
"Longer Home Stays < Hotels" ... I think you meant to type ">" instead
Oops. Well I think < was referring to the *cost* of staying for longer, but poorly worded title for sure!
Even if they double 2020 revenue, they are still trading at a 16 P/S. I'll wait until the world is back to normal to take on an investment, but your thesis on its future success is right.
Thanks, Dave!
Thank you Shon!
Hi great video!!
We own a big Airbnb corporate Housing business in Dallas and Houston.
We will be happy to meet you one day!
Will be happy to get input from someone like you how do we run the business.
Maybe even get you as investor on our Dallas company.
And of course maybe we can do all of that as your new RUclips video.
Please look online for
" F.A.D Furnished Apartments Dallas "
Ask for Zak and I will be more than happy to meet you on zoom or in one of your bars in Dallas :)
Love Air BNB! ❤️
NGL, thumbnail got some creepy vibes
@daveHanson I got an email from you? Do you send out emails to your viewers??
Loved this one Dave. BTW-If you want my Maine food and experience list hit me up. My email is the same as always or pick a platform DM :).
Hey J would love it! I’ll hit you up.
Smash the like button!!
SMASHED! 👍 thanks Pedro
👍👍👍
Dave, change your hairstyle. Please. 80s is gone
How about you change your attitude. Spreading unnecessary negativity was so 80’s. His hair is fine
haha… the thumbnail photo was recycled - I’ve had 2 haircuts since for a less shaggy version of the 80s
@@Puffintrading helping him to improve. I guess you like to give only compliments to people...
Be nice to Dave, he's a Hockey Legend! He's a member of "The Hanson's".