Airbnb employees chipped in $1 million from their own pockets to help economically devastated hosts, and that says something beautiful, and scary
Airbnb employees thought that 2020 would be a time of celebration for them as the short-term rental startup was expected to go public in one of the most anticipated IPOs of the year.
Employees contributed $1 million collectively to a $17 million fund that will offer up to $5,000 to badly hurt hosts. . But there are some hopeful signs of how this could change, and the sharing economy could truly become a win-win.As the COVID-19 crisis brought travel to a screeching halt, the people that rent rooms, condos and all sorts of other abodes on Airbnb suddenly found themselves with little to no income.
GoFundMe campaigns have sprung up across the nation to help small businesses like bookstores and restaurants survive until the virus recedes and people begin to roam about again.a program intended to help at least some of its highest-rated hosts, known as "superhosts" to survive. The fund is limited to superhosts who can prove Airbnb is their main source of income, have been on the platform for at least a year and have two or less properties .
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