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Business Wars Daily

‘Rethinking the Home,’ Airbnb Becomes a Builder

Business Wars Daily

Wondery

News, Daily News, Business News, Business

4.6716 Ratings

🗓️ 12 December 2018

⏱️ 5 minutes

🧾️ Download transcript

Summary

Today is Wednesday, December 12, and we’re looking at Airbnb vs. housing developers.

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Transcript

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0:00.0

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To join, search McMillan online community.

0:49.3

One, three.

1:08.9

The From Wondry, I'm David Brown, and this is Business Wars Daily on this Wednesday, December 12th.

1:13.4

Airbnb wants to build you a house. Yes, you heard me right,

1:19.0

the company that popularized homes sharing all over the world now wants to design and build homes for sale.

1:26.8

The idea comes from an Airbnb think tank called Semsara, which CEO Joe Gebia created two years ago.

1:32.5

Once the company was worth billions and had loads of data on how we choose, use, and share housing, Gebia thought it was time to dream up a disruption.

1:36.1

So, he put some Airbnb dreamers to work, and a new division called Backyard was born.

1:43.0

But Backyard is no traditional housing developer, like

1:46.1

D.R. Horton or Lenar Holmes. It's an incubator, experimenting with ways to build housing that's

1:52.2

designed for sharing from the start. Gebia position's backyard is a laboratory, attempting to

1:58.2

solve social, environmental, and even cultural problems of not

...

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