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Crisis Management: DoorDash model ‘is unsustainable, Airbnb is the opposite’

Yahoo Finance Canada Videos

DoorDash and Airbnb officially went public this week. Both companies increased their price range in the days leading up to their public listings and still saw their valuations skyrocket.

Airbnb jumped 115 per cent above its IPO price, making it the biggest debut rally on record for a large U.S. listing, according to Bloomberg. Doordash increased about 80 per cent in its first day of trading.

Both startups have yet to post a profit, but investors are clearly excited about the future prospects at DoorDash and Airbnb. But according to strategy expert Mark Satov, Airbnb has the better business model and offers more over the long-term.

"DoorDash is drawing blood from a stone," he said. "Airbnb is just a more sustainable model."