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Airbnb valued at $100 billion following blockbuster IPO — equivalent of more than five Expedias

GeekWire

In its IPO filing, Airbnb listed Expedia Group as well as Booking Holdings as two competitors. Meanwhile, its net loss more than doubled to $696 million for the first nine months of this year, sparked in part by the decline in the travel business due to COVID-19. By comparison, Expedia Group posted revenue of $4.2 billion.

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Some things Jeff Bezos can do with his $193 billion

The Verge

Forbes pegs his net worth around $193.2 For instance, last year, Bezos’ ex-wife, Mackenzie Scott, gave away $4 billion in four months — and her net worth is only a paltry $60 billion by comparison. Michael Lewis would absolutely get a book deal about it. His solution is increased wages and social safety net programs.

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How effective altruism went from a niche movement to a billion-dollar force

Vox

I had asked the people at the “let’s all give our money to buy the world’s poor malaria bed nets” conference to buy me a plane ticket ? Obviously the money should go to bed nets! In June 2022, the crypto market crashed , and Bankman-Fried’s net worth, as estimated by Bloomberg , crashed with it. Flash forward to 2021.

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