Airbnb is launching its biggest redesign in a decade. Travel may never be the same ✈️
 | Presented by |  | | | | “Where are you going?” These are the four words that sit in a search bar atop of Airbnb’s app, a company that has 6 million listings across 72,000 cities. You can literally type in just about anywhere and find a place to stay. Chances are, however, that maybe a couple dozen cities come to mind, like New York, Rome, or Tokyo. But did you consider Riverdale, Georgia—where you can rent a home with a professional recording studio for $600/night? Probably not. Brian Chesky, CEO of Airbnb, wants to change this with the company’s biggest redesign since its Y-Combinator days. Now, Airbnb will begin listing properties, not by location, but by category. They will begin serving up their most remarkable properties tied to the things you want to do, completely agnostic of location. It’s a moment Chesky wants to seize to reshape the travel industry out of the pandemic, as many of us have more flexible work and travel schedules. But what does it mean for the future of cities…especially those that might not want to host a bunch of Airbnbs? Read our story here. —Mark Wilson, @ctrlzee | | | | | |
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| NEWS | Coinbase collapses along with crypto: What you need to know |  | Cryptocurrencies have taken a beating this year, and it’s affecting more than just the digital coins themselves. | |  | Yesterday after the bell, Coinbase Global announced its Q1 2022 earnings. The poor results sent shares plummeting. As of the time of this writing, they were down over 14.5% to $62.33 in pre-market trading, an all-time low. | |  | Coinbase went public in a much-hyped direct listing a little over a year ago, the first major crypto exchange to list on U.S. markets. Shares peaked in October at just over $319. | |  | Quarterly revenue fell 27% from a year ago, a decline that was led by fewer users placing crypto transactions on the platform. In its shareholder letter, Coinbase said further investment is key to continued growth in the sector. | | Check out the latest news stories here. | | | | | | |
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