How Airbnb bought San Francisco’s vote with $8M — and how it’ll defend itself nationwide
by Ken Yeung, VentureBeat
Less than a day after San Francisco voters went to the polls to decide on the city’s future, one particular ballot measure received quite a bit of attention. Proposition F, the so-called “Airbnb law”, sought to restrict short-term home sharing in the city, but it wound up being defeated. Even in victory, Airbnb is looking to learn from the campaign in order to proactively protect its survival.
At a press conference at the company’s headquarters, Airbnb’s head of global policy Chris Lehane touted how opponents of Prop F won. Citing the power of its community, Lehane described its members as evolving into a movement with the emergence of home-sharing clubs sprouting up in San Francisco to protect this way of life.