How to view interest income in valuing companies
I’d recommend adding Airbnb to that list. Incredible float which generated over $700 million of interest income in 2023 and an asset light business model.
Yes, that's another one, however I don't know the business very well.
I’ve got a couple of write ups on it if you ever get interested in it.
Never thought Airbnb as asset-light business model, but you are most likely correct. Good point.
I'd recommend doing the work. Airbnb is the world's largest accommodation provider, yet owns no property.
I’d recommend adding Airbnb to that list. Incredible float which generated over $700 million of interest income in 2023 and an asset light business model.
Yes, that's another one, however I don't know the business very well.
I’ve got a couple of write ups on it if you ever get interested in it.
Never thought Airbnb as asset-light business model, but you are most likely correct. Good point.
I'd recommend doing the work. Airbnb is the world's largest accommodation provider, yet owns no property.