Tosi and Chesky were reportedly at odds with how they should get into the space — Chesky wanting to go for broke and create their own airline, while Tosi looked to start smaller by integrating themselves with a flight-booking company.
Sooo, what now?
In the announcement, Airbnb said the ousting of Tosi was part of their plan to build a “21st century company.”
The post also stated that Tosi “has decided to dedicate his full time and energy to his investment fund, Weston Capital Partners, while Airbnb’s head of financial planning and analysis, Ellie Mertz, will take over as CFO in the interim.
As for Airbnb’s future in 2018, Chesky stated that the company will not be going public this year.
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