AirBnb is in an existential crisis right now... it might take years before their market recovers...
It makes absolutely sense to have enough money to weather this storm....
Even firing people costs money... even just keeping their lights on, and service at bay, (with no new features) costs money....
People that usually comment like the above are either: Young and inexperienced, or just not don't have real life experience on running a business. I used to think like that when I was young, but after some years of experience your view on things changes and becomes more nuanced.
It makes absolutely sense to have enough money to weather this storm....
Even firing people costs money... even just keeping their lights on, and service at bay, (with no new features) costs money....
People that usually comment like the above are either: Young and inexperienced, or just not don't have real life experience on running a business. I used to think like that when I was young, but after some years of experience your view on things changes and becomes more nuanced.