AirBNB's Valuation 'Surprised Me a Bit' Says Andreessen Horowitz's Jordan

The transcript discusses the reaction to a company's $100 billion valuation, challenges of going public during a pandemic, and the adaptability of business models. It explores market exuberance, future outlook, and investment strategies, highlighting the importance of adaptability and market positioning. The conversation also touches on market valuations and future investment sectors.

What was the reaction to the company's $100 billion valuation?

• It was considered too low.

• It was not discussed.

• It was expected given the pricing.

• It was surprising to everyone.

How did the company adapt its business model during the pandemic?

• By expanding into new international markets.

• By focusing on local travel instead of global travel.

• By reducing its workforce significantly.

• By increasing prices for its services.

What is the concern regarding tech valuations mentioned in the transcript?

• They are not growing fast enough.

• They are too low compared to historical averages.

• They are only high in the public markets.

• They are disconnected from the real-world economy.

What advice is given to entrepreneurs about raising capital?

• Avoid raising money during uncertain times.

• Wait for the market to stabilize.

• Raise money now if possible.

• Focus on cutting costs instead.

What was the reaction of venture capital firms to the pandemic?

• They advised companies to expand aggressively.

• They warned companies to be cautious and cut costs.

• They suggested increasing marketing budgets.

• They recommended hiring more staff.

Which type of business model is the speaker most interested in for future investments?

• Subscription-based models

• Marketplace and network effect businesses

• Retail and e-commerce

• Manufacturing and production

What is the expected trend for tech companies in 2021 according to the speaker?

• A shift towards traditional industries

• A focus on reducing operational costs

• A decline in valuations

• Continued growth in marketplace businesses