Smash Notes

Back to Airbnb CEO Brian Chesky: “I Was a Great Founder and a Terrible CEO”, with Brian Chesky.

Why Does Brian Chesky Talk to Employees Who Do Not Report to Him?

Brian Chesky talks to employees two or three layers below his direct reports so he hears from the people doing the work, not only from the executives above them.

Right after COVID, executives called the move undermining, going around them, and micromanaging. Feelings had to come second while the company was in crisis and had to be saved. Letting executives own the details had already run for 12 years, and the company was doing well probably in spite of his leadership, not because of it. The company had the curse of a business model that was too good. eBay had a great business model and did not have to be great at execution. Amazon had a horrible business model and low margins, lived by execution, and won because execution compounded. The wilderness years were his own mismanagement, and the business model was lucky.

One executive asked whether the work was her job or his. It should never be either. He stays in the detail so he has the information, instead of only giving orders or only handing the work off. Every public-company board has an audit committee, and the word audit means they know every detail, so the chief executive should know every detail too. With AI, a prompt can find anything, which makes AI a way to see past the executive suite. In a company Guy Raz puts at 8,000 people, Chesky picks key projects and has the full chain of command in the room.

Grokipedia·Brian Chesky

Transcript

Airbnb CEO Brian Chesky: “I Was a Great Founder and a Terrible CEO” ·

How I Built This with Guy Raz

More from this episode

  1. Why Did Brian Chesky Feel Lonely After Airbnb Went Public?Brian Chesky says he felt lonely the day after Airbnb went public because the rush ended and his life felt no different than the day before.
  2. Why Does Brian Chesky Say He Was a Great Founder but a Terrible CEO?Brian Chesky says he was naturally a great founder and naturally a terrible chief executive. He calls that a classic story.
  3. Why Does Hiring Great People and Getting Out of Their Way Fail?Brian Chesky says hiring great people, trusting them, and getting out of their way is what a mature company does, and it is a death sentence for a young…
  4. Why Can't a Company Grow Faster Than Its Chief Executive?Brian Chesky says a company cannot grow faster than its chief executive's learning curve, and he believed the limit of Airbnb's potential was the limit of him.
  5. What Did Barack Obama Tell Brian Chesky About Loneliness?Brian Chesky says the chief executive job can be lonely in a way founding was not.
  6. Why Does Brian Chesky Watch How People Treat His Assistant?Brian Chesky asks his assistant how nice people are to her, because success makes everyone nicer to him and he becomes a bad read of character.
  7. Why Did Fast Success Make Airbnb Sloppy?Brian Chesky says fast success made Airbnb sloppy because the company forgot how hard the first product was to create.
  8. How Did COVID Change the Way Brian Chesky Runs Airbnb?Brian Chesky says the pandemic was the first moment he had to be a good chief executive, because it was life or death.
  9. How Does Brian Chesky Get Honest Pushback?Brian Chesky gets honest pushback at Airbnb by keeping people who can afford to tell him the truth, then by taking the opposite side of his own idea so the…
  10. Why Is Killing a Project After Six Months a Leadership Failure?Brian Chesky calls it a failure of leadership when a team spends six months on a project and he has to kill it.
  11. What Is Airbnb.org's Plan for Free Housing?Brian Chesky says Airbnb.org is going to try to provide a million nights of free housing a year, for five years, for people in crisis.

People

More answers like this

More with Brian Chesky

More with Guy Raz

Related episodes

Plays from this note through the rest of the episode.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.