???? Interview with Shelley Tang – Airbnb a DoorDash IPO deep dive
In my first "More than Four" discussion, I talk all things Airbnb and DoorDash with Shelley Tang. Formerly at Goldman Sachs, she’s worked at tech unicorns like Affirm and is currently CMO at Pop a Bottle. In this episode, we discuss things like: What price will we buy Airbnb at? What do we mean when we say a company is overvalued? What does the future of DoorDash look like? Check out all of Shelley's writings on big-name IPOs: g Blog on Substack www.shelleyolivia.substack.com g Twitter www.twitter.com/shelleyyolivia Key Takeaways: [2:40] What happened last week with Airbnb and Door Dash [3:55] What does it mean when we say Airbnb and Door Dash are over valued? [5:40] Did Shelley invest into Airbnb or Door Dash, Why not? [6:55] Door Dash’s opportunity vs. current value [8:35] Why Door Dash is a great company [9:00] Does Door Dash have a moat compared to their competition [10:40] Dash Pass as a competitive advantage and the fly wheel effect [11:45] Added competition + valuation makes Door Dash a tough bet [12:35] Intro thoughts about Airbnb’s IPO valuation [14:10] How much are you willing to bet if you get terrible odds? [14:50] IPOs = “It’s probably overpriced” [15:35] What price would Shelley buy Airbnb at? [17:05] What Shelley likes about Airbnb [20:20] If Shelley was the CEO of Airbnb what would she implement for them? [22:15] Why John thinks Airbnb will be the Amazon of travel [24:20] Closing thoughts on Airbnb [25:55] What happens if Airbnb pulls a Tesla on us and shoots up in value?
