Airbnb CEO says he changed how he ran the business during the pandemic and now follows a simple rule Steve Jobs used
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In order to reevaluate how to run Airbnb during the pandemic, CEO Brian Chesky said he leaned on a principle that Steve Jobs used at Apple regarding how leaders should spend their time. In a recent appearance on the "This Week in Startups" podcast, Chesky said when the vacation rental company lost about 80% of its business in just eight weeks after COVID-19 shut down the tourism industry, he used the time to adjust how the business operated.
AI Summary
Main Idea: Airbnb CEO Brian Chesky says the pandemic pushed him to change how he runs the company, and he now follows a Steve Jobs-inspired rule to keep Airbnb focused on only a few big priorities.
Key Points:
- Airbnb lost about 80% of its business in just eight weeks after COVID-19 shut down travel.
- Chesky used that crisis to rethink how he led the company and how decisions were made.
- He says advice tied to Steve Jobs led him to keep Airbnb working on no more than he can personally focus on.
- Chesky says this has made Airbnb more accountable and efficient, with most of his time now spent on product, marketing, and hiring.
Impact on the People
Negative Impact
Chesky’s tighter control could slow Airbnb’s changes and leave some hosts or guests facing delays or fewer new features.
Positive Impact
A sharper focus on product and service may make Airbnb more reliable and easier to use for travelers and hosts.
How did each entity affect people?
Rate how each entity in this article affected the American people.
- Primary:Airbnbcompany
- Primary:CEO Brian Cheskyperson
- Major:Steve Jobsperson
Candidate Entities8 candidates · 5 weighted vote min · 70% decision
- AirbnbcompanyPrimaryEvaluated
Company at the center of the story, described as changing how it operates after the pandemic.
Include 0 (0%)Ignore 0 (0%)5 to threshold - CEO Brian CheskypersonPrimaryEvaluated
Airbnb CEO and central subject of the article; his post-pandemic management approach is the main focus.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Steve JobspersonMajorEvaluated
Historical business figure whose management principle Chesky says he adopted and references throughout the article.
Include 0 (0%)Ignore 0 (0%)5 to threshold - ApplecompanyContextCandidate
Company associated with Steve Jobs and the management example discussed in the article.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Hiroki AsaipersonContextCandidate
Named former Apple marketing executive whose involvement is described as instrumental to Airbnb’s restructuring.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Jony IvepersonContextCandidate
Named former Apple executive whose advice and perspective Chesky says influenced Airbnb’s changes.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Jason CalacanispersonMinorCandidate
Podcast host quoted as the interviewer in the discussion with Chesky.
Include 0 (0%)Ignore 0 (0%)5 to threshold - This Week in Startupsmedia outletMinorCandidate
Podcast where Chesky made the remarks; included as the interview venue/source of the comments.
Include 0 (0%)Ignore 0 (0%)5 to threshold
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