Airbnb CEO says most employees don't want full autonomy at work — and those that do should start their own companies [Business Insider]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Business Insider
Chesky, who inspired the term "founder mode," says those seeking full autonomy should be entrepreneurs. Brian Chesky doesn't think workers want autonomy as much as they say they do. The Airbnb CEO recently spoke with Fortune about his thoughts on the "founder mode" model of leadership. The term was popularized by Y Combinator founding partner Paul Graham in September. Graham said Chesky inspired it and that founder mode refers to being hands-on in the day-to-day details of a business, as founders do, rather than simply delegating everything in "manager mode." "I don't think employees want autonomy," Chesky told Fortune. "I think that is a giant misnomer. Do they want to have some element of autonomy of how they do their jobs? Yes. But I do not think that the vast majority of people are actually happier in a truly autonomous environment." To make his case, Chesky imagined a scenario where an employee was fully autonomous. "You're allowed to have your own budget, hire your
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News
- Roman Colosseum Opens For Gladiator Combat Thanks To Airbnb Icons [Forbes]Forbes
- Weaker Demand Outlook Dragged Airbnb (ABNB) in Q3 [Yahoo! Finance]Yahoo! Finance
- Weaker Demand Outlook Dragged Airbnb (ABNB) in Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Are Strong Financial Prospects The Force That Is Driving The Momentum In Airbnb, Inc.'s NASDAQ:ABNB) Stock? [Yahoo! Finance]Yahoo! Finance
- Airbnb, Inc. (NASDAQ: ABNB) had its "reduce" rating re-affirmed by analysts at Phillip Securities. They now have a $120.00 price target on the stock.MarketBeat
ABNB
Earnings
- 11/7/24 - Miss
ABNB
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form 4
- 11/7/24 - Form 144
- ABNB's page on the SEC website