Airbnb employees chipped in $1 million to help hosts - Business Insider

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 .

Small carrot now that they’ve beaten the rental market with a stick.

Wow, these guys are impressively devoted to their business So nice when people have the passion and courage to save a drowning situation for the better helping to stay afloat those involved and in positive need

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