Airbnb CEO Brian Chesky makes the case for why every company should be in 'founder mode' in the age of AI
On an episode of The Verge's "Decoder" podcast that aired on Monday, Chesky said that embracing "founder mode," a term that he helped popularize, is key to acting like a nimble startup.
"In the age of AI, my argument is you need to be founder oriented/founder mode, because you're going to need to be able to move like a startup to be able to adapt," he said. "I think these big, professionally managed companies aren't organized to be able to do that, so they don't bode well for this new world."
AI is likely the third big technological wave, Chesky said, after the personal computer and the internet. Embracing founder mode is key to hopping on the wave and remaining open to change, he said.
"All of us have to be moving as fast as we can," he said. "That has to do with culture. That's why, to me, so many roads lead back to the conversation we have with org charts and founder mode, because you don't want to miss the next wave."
Chesky talked about founder mode on the same podcast last year, saying people misunderstand the term. It's not about "swagger," he said, but instead about being focused on the details. The whole ethos is "that great leadership is presence, not absence," Chesky said last year.
The details — and larger vision — of Airbnb have changed recently, and Chesky said in the interview that it's partly to adapt to the new AI world. The company launched Airbnb Services, where people can book things like private chefs, photographers, and personal trainers.
As AI digitizes the world, Chesky said the launch is partly an attempt to fill the "void" that's being left, and that AI won't replace "jobs that are people-to-people oriented."

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San Francisco Chronicle
11 hours ago
- San Francisco Chronicle
One of California coast's most spectacular destinations could see vacation rental ban
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Gizmodo
11 hours ago
- Gizmodo
As People Ridicule GPT-5, Sam Altman Says OpenAI Will Need ‘Trillions' in Infrastructure
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Yahoo
13 hours ago
- Yahoo
Business travel surges as companies prioritize face-to-face meetings
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"This isn't just travel data; it's a window into corporate strategy and where the business travel industry is heading next," Mackintosh said in the report. Navan's data revealed an inverse relationship between business and leisure travel. As holiday and seasonal travel goes up, business travel dips. Additionally, TSA data showed a 1% dip in overall travel, underscoring the emphasis companies are putting on face-to-face interactions. The BTI notes that a comparison between Navan and TSA data reveals insights not only into how much people are traveling, but also why they are traveling at certain times. As the report states, business travel spikes correlated with corporate planning cycles and industry conferences. "What I think is most fascinating about that rate isn't the number alone, it's the growth rate relative to all other travel," Butte told FOX Business. The business travel and expense management platform observed that companies are taking more opportunities to have their employees connect face-to-face with clients, colleagues and peers. Navan found that despite economic uncertainty, there was an uptick in individual trip indicators, such as car rentals and personal meals over team events. Spirit Airlines Warns It May Not Survive Another Year While there is overall growth in business travel, there are still differences among several industries. Butte told FOX Business that Navan saw growth in travel for the financial services (+31%) and media and entertainment (+25%) industries. In contrast, the report showed nonprofit organizations (-5.1%), the hospitality and travel sector (-8.4%), and healthcare and life sciences companies (-15.2%) all reduced their travel spending. Government travel saw a modest 4.4% increase. Navan states in its BTI that it aimed to prevent COVID from skewing the data presented in the report — a point Butte also emphasized to FOX Business. This awareness of how COVID travel restrictions could impact the data influenced where Navan chose to set its baseline for comparison. "When we think about post-COVID, we look at 2023. As a CFO, as well as a public company board member, I actually think a post-Covid world almost demands more travel," Butte said. "In some ways, our data is kind of reflecting the importance of, even if you work remotely, you still need to connect, and that can be with clients or colleagues." As Navan noted an overall growth in business travel, Butte pointed out that international travel grew more than domestic. In the BTI, Navan found that domestic hotel spending grew by 12%, while international grew by 17%, and Butte has a theory on why that is the case — and it has to do with U.S. policies. "Our hypothesis is that companies may not be traveling as much to China, but maybe they're traveling more as a way to find sourcing for manufacturing in other geographies. So, we're not seeing the end to international travel. In contrast, we're seeing companies kind of lean in to finding newer relationships," Butte told FOX Business. Butte doesn't see the trend slowing down any time soon. Though she admits she is "bullish by nature," Butte predicts that travel growth will continue, not just among large companies, but also among small and medium-sized article source: Business travel surges as companies prioritize face-to-face meetings Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data