The product management function has been dismantled. Chesky considers himself the CPO of Airbnb, but with the product function not being there anymore, he doesn't hold a CPO title.
The CEO owns a 2-year rolling roadmap, and the teams can only work on roadmap features, releasing every 6 months.
If things are not on track to ship, the founder personally jumps in to fix the issue at hand.
A company's market cap is not an indicator of the CEO's performance.
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