Localmind CEO: How to make your app a habit. Lenny Rachitsky shares his thoughts on how you turn your product from a novelty into something people use all the time.

“Authentic, local knowledge is what our members want the most, and Localmind connects you to it anywhere, in real-time. We are exhilarated to join Airbnb, because they create authentic, local experiences better then anyone else in the world.” – Lenny Rachitshky

Why did Airbnb just buy Localmind? Local expertise – VentureBeat
Neighborhoods is only live for seven destination cities, but Airbnb has said it wants to introduce the feature to additional markets around the world. Clearly, Airbnb views Localmind as a pivotal piece to understanding neighborhoods and better connecting its travelers to locals.

Airbnb Aims To Get More Social With Acquisition Of Q&A Startup Localmind – TechCrunch
Airbnb is announcing that it has acquired Localmind, a startup that allows users to post questions about specific locations, which are then answered in real-time by local experts.

Airbnb IPO raises at least $3.5 billion, challenging DoorDash and Snowflake for largest IPO of the year– MarketWatch
After pricing well higher than an already elevated range, vacation-rental company receives valuation topping $40 billion from Wall Street ahead of expected Thursday debut

Airbnb prices shares above target in 2020’s biggest U.S. IPO – Reuters
The IPO gives Airbnb a fully diluted valuation – which includes securities such as options and restricted stock units – of $47.3 billion, capping a turnaround in fortunes for the U.S. home rental firm that was hit hard by travel restrictions used to curb the COVID-19 pandemic.

 

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