Airbnb CEO weighs in on Uber crises: 'We are all learning'

Uber CEO apologizes after abusive rant caught on video

Uber in addition to also Airbnb were founded around the same time in addition to also helped kickstart what is usually sometimes called the sharing economy.

currently, Airbnb’s CEO Brian Chesky is usually watching as his peer deals with one crisis after another.

When asked about the struggles of Uber CEO Travis Kalanick, Chesky framed the issue as being partly the result of young tech executives learning on the job.

“I think in which all of us are on our leadership journeys frankly. I know Travis is usually. I’ve been on mine myself. i think we are all learning,” Chesky said Monday at event hosted by The Economic Club of brand new York.

“I think there’s a benefit to young people like us starting companies,” Chesky added. “We can come up with novel ideas. however This kind of also means we are learning on the jobs.”

Uber is usually currently conducting an “urgent” investigation in response to a former employee who went public with allegations of sexism in addition to also harassment at the company.

Uber customers also took issue with Kalanick’s decision to serve on Trump’s business advisory council. in addition to also Kalanick was caught on camera arguing with an Uber driver.

Related: Uber investors blast company culture

“I must fundamentally change as a leader in addition to also grow up,” Kalanick said in a statement after the video surfaced last week.

“We need mentors,” Chesky said at the event Monday, noting in which he has reached out inside past to business leaders like Warren Buffett in addition to also Sheryl Sandberg.

Uber is usually currently inside process of searching for a COO to help Kalanick run the business, just as Facebook CEO Mark Zuckerberg did by hiring Sandberg in 2008.

Chesky says he has not spoken to Kalanick about “his challenges,” however spoke favorably of the steps Kalanick has taken so far.

“I think he’s doing everything he probably should be at This kind of point, which is usually to say he’s owned up to every problem,” Chesky said. “Every time there’s a challenge in which broke out, he apologized, he’s owned This kind of in addition to also he seems to have established a step forward.”

Uber in addition to also Airbnb are currently the two most valuable U.S. tech startups, respectively — in addition to also neither appears to plan on going public anytime soon.

“Our investors are very patient. None of them are anxiously waiting for us to go public,” Chesky said of Airbnb during the interview, which took place at — of all places — the brand new York Stock Exchange. “At least right currently we can take big bets as a private company.”

Airbnb closed a $1 billion round of funding last week, giving This kind of even more runway to stay private longer.

sy88pgw (brand new York) First published March 13, 2017: 3:55 PM ET

Airbnb CEO weighs in on Uber crises: 'We are all learning'

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