01:59:00 · Brian Chesky, Jordi Hays
[01:59:00] S8: You could literally follow the tour from the data on Airbnb. Mhmm. When the World Cup came in Paris I'm sorry. The Olympics came in Paris, 700,000 people stayed in Airbnb. That's like eight, nine Olympic stadiums worth of people. In Milan, 200,000 people stayed in Milan and Cortino for the Olympics earlier this year. The World Cup's coming up in Mexico, US, Canada. We're expecting that to be the biggest event in Airbnb history. You're actually hitting on a really key point. The only maybe the reason Airbnb exists is this weird phenomenon where people list their homes for an event. Most people have only intention of listing one time, but about 50% of the people continue hosting. Yeah. And so it's kind of a hook. And a lot of people are like, don't want to host, but they do it once. They make a bunch of money. They realize it's not weird and they keep doing it. If it wasn't for this phenomenon, there may not have been an Airbnb. We used events to grow. So that is basically a core part of our strategy or Lollapalooza. [01:59:59] S1: Airbnb futures. I should be able to go buy buy I should be able to go, you know, see events that I know are gonna happen, Olympics, World Cup, and basically buy and then resell. I'm kidding.
02:00:11 · Brian Chesky
[02:00:11] S8: Oh, and then I wanna I wanna answer the second part of I think John's question which is personalization without being creepy. So right now, I think most websites and most apps don't really ask you questions. They infer things. Right? They think that if you ask somebody a question, that's friction. And so for twenty five years, this is Amazon, this is Instagram, this is basically every app, including Airbnb, we're mostly just looking at what you click on, what you book, your prior behavior, and we try to infer based on that what you want in the future. I think going forward, we're going to go beyond that. We're going to do two things. The first thing we're to do is we're going to ask you questions. That's what an agent does. An agent asks you questions. So your concierge for the world should ask you questions. You went to a travel concierge, but they they didn't ask you a question. That'd be pretty weird. So I think that's the social contract of the app is more conversational. We're gonna get more information. But the other thing is designing preferences. We found that people are fine giving us their information if they know why, where it's going, that it's vaulted, and what we're going to do with it. So we're going to develop a preferences panel. Like we announced today, one of the things I'm most proud of is the design of our privacy page. Most people, they either don't care about the privacy page and like the people that it's like their entry level work or they make it sometimes they make it purposely hard. But then I ultimately, that erodes trust. So we're making preferences. I want to basically build a preferences library where we show you, here's all the stuff we know about you. Do you want to edit anything? Do you want to add it? And here's what we're going to show to whom. And you can say, show this to the host. This is only available to an agent. This, no human can see. It's vaulted, but the app can see it and then eventually maybe it's encrypted. So that's kind of where we want to go.
02:01:55 · John Coogan, Jordi Hays, Immad Akhund, Brian Chesky, S2, Tae Kim
[02:01:55] S0: Mhmm. Twenty thirty four total solar eclipse in Egypt. You can stand at the pyramids and watch a book here every year and be future [02:02:03] S1: for cash today. You should start buying property [02:02:07] S0: all over [02:02:08] S5: I love [02:02:08] S0: it. Egypt and [02:02:09] S1: Last question. What what's the last major fitness or health unlock that you've had? And then we'll let you go. Interesting. [02:02:16] S8: Oh, very good question. Fitness or health unlock. [02:02:21] S1: Could be a habit, could be a supplement, could be anything. [02:02:26] S8: Great question. [02:02:27] S1: Sleep protocol. [02:02:28] S8: Actually, okay. If you're sleep I've been taking creatine five grams since I was like 17. But I read that they did some studies that if you didn't get a good night's sleep, you can take up to twenty grams of creatine and you are nearly as alert as if you got a full night's sleep. And I don't know seems to work. So [02:02:48] S0: If don't [02:02:49] S8: get a good night's sleep, instead of taking a normal dose of creatine, take a much higher dose. The only other thing I'd say is for those listening, I'm a big fan of compound movements. I think the most important exercise if you only do one is [02:03:01] S2: a squat. [02:03:02] S8: And I Sorry, [02:03:05] S1: Brian. I I don't mean to laugh at you. We have these sound effects. So John, talk [02:03:08] S0: sound like this. Can you push it? [02:03:11] S2: Makes my voice sound like this. Johnny was doing it to you during that last bit. And it sounds ridiculous. [02:03:19] S3: So you said Yeah.
02:03:19 · Tae Kim, S2, John Coogan, Brian Chesky, Jordi Hays
[02:03:19] S3: So you said Yeah. [02:03:20] S2: I really like compound lifts. [02:03:22] S0: Compound lifts. [02:03:23] S8: That's that's good. That's exactly how I'd wanna be able to say it when I'm saying talking about the clock. By the way, before we go, I just wanna tell you something. Please. Are you guys still interested in doing the Olympics [02:03:34] S1: 100 ready. Ready. [02:03:36] S8: We packed our we've been talking to people and I want you to know that we're gonna make this happen. [02:03:41] S0: I I'm very excited. We're gonna make it happen. The team is pumped up right now. Everyone's fired up. [02:03:46] S1: We're fired up. Congrats to the whole team on the on on all the new releases. Great progress. [02:03:53] S0: It's fantastic. [02:03:53] S1: Always fun. [02:03:54] S0: Have a great rest your day. Congratulations. Goodbye. Yes. So the [02:04:01] S1: chat guest, very fitting. Yes. So unfortunately, the chat effect the [02:04:05] S2: Guest cannot hear it. [02:04:07] S1: Only only you can and the two of us. But we're gonna keep using it strategically. [02:04:16] S2: It's really good effect. I was so skeptical when you launched these buttons. I was like, can we get the comedic timing to work? Will it hit? We can. [02:04:26] S0: Yes. It's working beautifully. Well, our next guest, get that button ready because I think we're gonna be using it again. It's Marcus Malone from Minted, New York. Did I say your last name correctly or did I mispronounce that? Bodged. It's Milioni. Milioni. I'm sorry.
02:04:26 · John Coogan, Marcus Milione, Jordi Hays
[02:04:26] S0: Yes. It's working beautifully. Well, our next guest, get that button ready because I think we're gonna be using it again. It's Marcus Malone from Minted, New York. Did I say your last name correctly or did I mispronounce that? Bodged. It's Milioni. Milioni. I'm sorry. [02:04:41] S4: Yeah. I've been getting Malone my whole life. So it's fine. I'm used [02:04:43] S1: to it. [02:04:44] S0: It was it was it was written sort of tiny on my sheet but [02:04:47] S1: Dude, it's it's incredible. It's an on the show. Way way overdue. Yes. I've been following your [02:04:52] S4: Yeah. Thanks for having me. [02:04:53] S1: For a long time now. You've been absolutely on a tear and yeah, we're we're excited to have you. Since it's your first time [02:05:01] S0: Yeah. Zoom out for us. [02:05:02] S1: Out for Background. You know, all that stuff. [02:05:06] S4: Alright. So I don't know how far back do you want me to go. Just go [02:05:10] S1: all the way to the lax days at least. [02:05:12] S4: Alright. So I played lacrosse in college. I played at Saint Joe's University in Philly. Then moved to New York. After I graduated, I was working at a smaller regional bank doing commercial real estate debt [02:05:26] S0: Yeah. [02:05:27] S4: Until, like, a year or a few months into COVID. As COVID started, Minted kind of spawned after I I was posting on social media, Instagram, TikTok. Were you just doing accounts [02:05:44] S0: first or or were you like, I'm gonna I'm gonna build something or was it experimental? Like, was the actual flow?
02:05:44 · John Coogan, Marcus Milione, Jordi Hays, Immad Akhund
[02:05:44] S0: first or or were you like, I'm gonna I'm gonna build something or was it experimental? Like, was the actual flow? [02:05:52] S4: Well, I was a little bored during COVID. I was at my parents' house. [02:05:56] S0: Thought I [02:05:57] S1: was You didn't love regional banking? What's Yeah. We love regional banking here. [02:06:04] S4: Yeah. So I thought I was taking a long weekend at my parents' house and COVID would like blow over over a long weekend. And then so I just started posting about things I liked, mainly around like fashion and fitness on on Instagram and TikTok, and then [02:06:18] S5: Mhmm. [02:06:19] S4: The brand kind of spawned out of that. [02:06:20] S0: Yeah. What was the first format? Direct to camera, like scripted, unscripted just yapping, get ready with [02:06:28] S4: Phone in front of my face Okay. Yapping. Yeah. I guess that was mainly TikTok. And then Instagram was more just like outfit photos. [02:06:35] S0: Okay. [02:06:35] S4: Like I like putting outfit outfits together.