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Fortune
Fortune
Alena Botros

Airbnb's CEO has a new way of describing the current state of the tech industry. And it's a twist of Warren Buffett's 'swimming naked'

Photo of Brian Chesky. (Credit: Michael Nagle/Bloomberg—Getty Images)

The tech industry’s era of “exuberance and euphoria” is coming to an end, according to  Airbnb’s chief executive Brian Chesky. 

He’s got a lot of layoff data to back him up.

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