some of the biggest startups air bnb is able to debut in december and bumble and insta cart a reportedly probl prop 22 as well. it is the most expensive ballot initiative in california it could force companies to reclassify their workers which could up end their models. >>> we shall see, melissa, but one thing that could be to their advantage, there are more ways than ever to go public >> thank you >>> next guest is an air bnb investor venture capitalist rick heitzmann, great to see you. welcome back to the show dierdra mentioned the bad taste left in some investors mouth who invested in lyft and uber. what do you think will prevail in this pan ddemic trading environment. >> if you look at snowflake on the enterprise side, they have performed well but relating to the trance for ta pore /* -- transportation sector, people taking lifts have dramatically decreased also, you have seen seen pintrist double in price and others folks chasing growth, chasing a high return on investment in some of these consumer names >> for air bnb, i didn't think anybody would want to go to that environment dur

. >>> air bnb will prohibit halloween rentals. it comes nearly a year after a deadly shooting at a home in or indiana where five people were kill during a halloween party. air bnb says previously booked places will be canceled. it doesn't affect two and three-nile reservations with you they say it could change. >> bay area officials are working to get people into affordable homes have good news. it is a team effort. leslie brinkley has the story. >> a brand new house go project with a play ground and a zen garden? it was celebrated today. the complex celebrates emeryville and oakland. >> it not only is providing a safe sanctuary to 250 working families, formally unhoused and veterans, but it has onsite services. >> including free wi-fi to bridge the digital divide. people moved in months ago. but the so-called grand opening had to wait for covid protocols. this project was fast tracked as a private public partnership with the city working more than a dozen financial supporters. >> you see that. this project happened so quickly and

it is being called the spookiest air bnb stay on earth. look at those people definitely they he is came? the mayor of the unincorporated town is offering his mayor's la irr for three nights only. you can be mayor for the day at a cost of $31 plus taxes and fees. would you like to be in charge mayor for the day in hell? >> that doesn't sound appealing. that sounds more like what you might be interested in, larry. >> it sounds like what my kids would describe when they were living at home. when it came time for some tough love and discipline. kristen, how about you? >> why fly to michigan? we'll just pay $5 to come to larry's house. there you go. >> here we go. okay. we're even. we're even. >> shoppers trying on give workers a break. most americans don't plan to shop on the holiday and believe that retail workers deserve the day off. 76% of consumers said stores should stay closed on thanksgiving day. 75% said they plan to buy online. that's up from last year. most expected to spend b 540. a 15% drop from last year. amma, what do you think?

. >> okay, some of your famous acquisition, lyft and air bnb. which ones are you most proud of as far as investor capital g. one of our biggest returns continue to crush it and robert hood and kredit karma. ly lyft, there is a lot -- really all of these companies are trying to do something significant and you know kind of take you and make education available. all of these companies are trying to do something significant and that's really the journey. >> what are the things you are looking for when you are deciding on who to invest in, in leadership. what are you seeing in the leaders of the company you invest in that you like? >> i mean, you know, the results and tennacity. logan green, the ceo of lyft, he has the most profound vision of the future of transportation that i have been exposed to. i had the luxury of being exposed of the great thinking. he does not lose perspective for the near terms and what strengths he's trying to portray and that's unbelievable to watch. >> what's the most recent acquisition? >> one of mine is halburt, a small

her bnb survived i was surprised when we drove up and i still had a house. >>and as you drive down silverado trail. there's a lot of houses gone all of her bnb reservations have been canceled and now it's all about cleanup and recovery. >>ray can do whatever we can to get back up and running to tell you the i've been doing it so long, i'm not sure i'm going to open it back up. >>calfire expects to have the glass fire under containment by october 20th in the meantime owners of homes wineries and lonnie gray who longs trailside in they're just assessing the damage in trying to recover from the glass fire you see that i have plenty >>work to keep me going right now. and friends have been really supportive. >>reporting in calistoga sarah stinson kron 4 news. >>and coming up we will take a look back at the deadly tubbs fire on this 3rd anniversary we also have a live report from louisiana as hurricane delta is making its way to the gulf coast right now. and from kids soccer to tee ball up next. what does the future of youth sports in our state. well >>parents in

air bnb is preparing for an ipo by the end of the year. >>> trending for you this morning, a new beatrom the late hip-hop star notorious big. take a listen. ♪ >> the 23-year-old previously unreleased and now the soda giant transformed it. pretty cool. >> he's been gone 23 years. wow. >>> all right. trending for you this morning. distance learning and zoom calls inspired one dad to create an amazing costume. it's greg and he built this set up. so, take a look at it. look closely. that's his daughter in the middle screen there and also all the other screens as monsteres. yes, he says that every year his kids challenge him to make them unique costumes and today big halloween show airs next friday, october 30th. starting monday, listen up, everyone. today is filling that virtual plaza and we want to see you, yes, you, people from here in the bay area. we want to see you a part of the big event. i already sent that out to a few people. look, you should do it. >> exactly. i told a friend, too. i'm like, come on. get your family to do it. let's get some bay area spirit right there. >> let's

help scale and particularly around these platforms that he has added so much value to looking at air bnbtwo very different platforms, jon >> gus, ys, markets holding on solid gains here with he see green arrows for other asset classes as well. energy, financials, yields as we continue to have one eye on the white house and the list of positive covid-19 ketests and another eye on stimulus negotiations don't go anywhere. so, we got griswalda. dinner's almost ready. but one thing we could both agree on was getting geico to help with our renters insurance. yeah, switching and saving was really easy! drink it all up. good! could have used a little salt. visit geico.com and see how easy saving on renters insurance can be. find a stock basedtech. on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. morgan stanley has a new note on where we stand as pertains to the vaccine time line, which companies are leading the pack matthew harrison is the author of that piece and joins us

. >>> air bnb warning it can take legal action should any guests throw halloween parties. the company banned one night reservations in the bay area and throughout u.s. the company says the policy is designed to protect hosts and neighbors. >>> daily coronavirus cases across the country reached a new high. thursday more than 88,000 cases were reported. there were also more than 1,000 deaths. today dr. anthony fauci commented on the situation in a discussion with the silicon valley leadership group. >> one of the things that's of great concern to me is that as we enter into most regions of the country, into the cool months of the fall and cold months of the winter, much of what is going to be done is going to be done indoors. and indoors, when you have a respiratory disease, is a very problematic situation. >> with the numbers surging in midwest, governor of illinois has banned indoor eating and drinking in chicago. officials in wisconsin say they can run short of icu beds in two to six weeks. in south dakota, positivity rate is 46% meaning nearly half of all tests are comin

with halloween tomorrow, it's expected to be busier than usual out and around in the bay area but air bnb is issuing a warning against house parties guests who violate that company's policy on parties could face legal action the warning also comes as we approach the one-year anniversary of the shooting that broke out at a halloween party at a home in orinda which had been rented out on air bnb. >>a south bay church is being taken to court for violating pandemic health orders. the violation is costing church $5,000 a day santa clara county is suing the church to try to put a stop to large indoor services which the county says. >>are hindering efforts to curb the spread of coronavirus but as kron four's rob fladeboe tells us the church says the health order violates freedom of religion. >>san jose's calvary chapel here on hillsdale avenue has been holding indoor church services attended by several 100 people in violation of the santa clara county health order that says no more than 100 people can do so the county on friday announced it is suing the church for violating social distancing pro

>>but the air bnb in the bnb that they rent out have visitors at that actually still standing and so she's feeling quite grateful today i'll show you perspective where this trailer is. >>and then the bmv is right over there and it's still standing. she says she's. >>so grateful for she's owned it for 30 years having. >>some of the same visitors every year just loyal people coming back to enjoy the calistoga area, but she said she's going to have to suspend all reservations indefinitely as they work to rebuild some of the fences and the trees are down and of course right now no one is allowed in many take a look at this video. we're looking at video now of dutch henry wineries less than a mile then here and you can see that got heavily destroyed destroyed. we know that 67,484 acres burned destroying hundreds of homes businesses and structures in both napa and sonoma counties and we know dozens dozens of others were damage. we do have an update from firefighters, cal fire saying that they have gained 74% containment that's 4% more then 24 hours ago so that is progress and the acreage i

hong with smoky skies by destination the cougar lane home of a couple who live in part-time an air bnb at the rest of the year they say they've been told that of the nearly dozen properties in their neighborhood only one is still standing that one i could see on the ridge above. here's video of one of their neighbors homes which has been completely leveled by the fire closer to the address i was trying to get to i was stopped by a downed power line smoke still billowing out from several spots along the canyon well i was not able to officially confirm that the couple's home was lost it certainly doesn't look good. >>and they're already bracing for the worst i'm an optimist said everybody kept saying oh everything's gonna make it even well another fire to see a jump around in. >>i was trying to hold out hope. >>and i handled it differently, you >>so you don't know what we're doing a pretty good job just just been focusing on what we need to do and what their kids we lost and what we need to cancel and you realize so we should cancel directv but all the stupid things you know because what

an air bnb and how the community is remembering those that died. promises to get you in the spirit from the comfort of your car and the ballot boxes are filling up as the clocks tick down to election day. >> a little worried about the mail but i felt like a crop off option would be more efficient. >> twhar the deadlines? we clear up confusion to make sure your vote counts. >> outrage involving silicon valley's largest chamber of commerce. >> some are calling them racist. >> this photo and the caption do you really want to sign on to this was posted on the homepage of the silicon valley organization's website and part of a facebook ad campaign attacking a city council candidate that supports defund the police. but it struck a nerve for many people. >> i was disgusted, disappointed and angered immediately. >> the controversial photo is not in san jose. it is unclear where it was taken. >> words and images are powerful. the last thing that i want is for people to be deceived thinking low income families will hurt them or that black people are dangerou

living on cooler lane part time since 2012 the rest of the year they rent their home out as an air bnb they say that they've been told that only. maybe a dozen properties and their area are still standing but they're unsure which home that is. >>you feel that really get touch. hundreds if not thousands of in a million had such deep sold to it. >>stressful times this is the 3rd time that the couple has been evacuated since 2017. their home was spared in the past but it just doesn't look like they weren't as lucky. this time around are hard stuff and go out to those folks. the glass fire also just ripped through a well known santa rosa ranch on sunday night the pony express is a nonprofit providing therapy to children for more than 30 years now the owner's home and all the barnes completely destroyed but the horses that were left behind actually survive there okay, they were rescued by the community animal response team the ranch owner linda aldridge she had to make the gut-wrenching decision to leave her 12 rescue horses behind sunday night as the glass fire just move so quickly their w

mike, thanks we've got a news alert right now here on air bnb. we have more >> according to a source familiar with the company's plans, air bnb is aiming to go public in december or even a little bit earlier reuters first reporting that development not long ago of course, much of the plans rest on market conditions. but notably, the aim is to not too long after the -- they fetched $18 billion and that was down from the previous funding round of more than $30 billion this is reflective of the recovery we've seen from air bnb this year. of course, this business and bookings just fell through when the pandemic hit it has really benefited from travel in a post covid-19 world. back to you. >> that's really interesting lots of money out there as we have seen with the spac craze. raising a fresh $3 billion of the float will keep an eye on any more developments there. thank you. we'll have much more throughout the next two hours on the president's diagnosis. up next, ed mills will join us and look at the policy implications later in the show, mark mohane

year after a shooting broke out at a halloween party at a rented home a home that was rented on air bnb well the family is inviting the public to come out and decorate the fountain between now and wednesday. >>a family really appreciate the support that we have been getting worse since we have got a contract with you know a lot of people in there in the community. it's been marvelous, you know reaches all you know the sun typically a lot have reached out to >>well 5 people died and 4 others were injured, there's still no arrest in that case. against halloween parties in san francisco, the castro, you know it's normally a magnet for nice parties and fun gatherings, but no not this year officials are worried about the rise in covid cases and they do not want to see the city back sliding out of the yellow tear we've made so much progress kron four's maureen kelly talked with the mayor about her concerns. >>it seemed like it was going to be an epic halloween this year, it's on a saturday. there's a full moon here in a city where people love to dress up and have fun but now we have the spect

you got a huge game here, let's not be too greedy, maybe a little registering when ever lyft or air bnbends you a text message, they're using twilio software. last week by the way, we learned twilio acquiring segments. i think it is a smart move number five, well, everybody's favorite, square yes, the digital point of sale who would thought the point of sale is this plug in your phone with a fall business kicker and under appreciated payment act and paypal and venmo square reports in less than two weeks. stocks pull back and earnings, i would buy them fourth is zoom video are you surprise that this did not make the top three zoom stocks have surged more than 300%. i am still a believer even up here all those gains have been rolled back and it is the end of zoom it will be a buying opportunity. people say oh god, all cramer does is zoom yes, i have. >>> take that. >> by fantasy players. that one is mine and it is in the lineup, okay >> number three, fastly. not my lineup. fastly printed out some revenue, tik-tok, they thought this was a one off problem. this whole group is under pressure

it would be like when air bnb goes public, they put it in the tech index rather than call it lodging, which it clearly is i think it's a missed opportunity to reclassify this sector for the 20th century. as long as they keep visa, mastercard separated from amex and discover, this sector will continue to be an outperformer and loser for people who own it. >> pete, you owe capital one is that now the best bang for your banking buck? >> each one of us breaks these down i think it's 64% coming from the credit card side it's a little bit different. each one of these points to steph's points are complete ply different, one from another from another. i would say my knowledge in the option world is what makes jpmorgan so intriguing for me, scott. i can literally look out to november, sell the 105 calls and get a little over $2 if i can do that for the next ten months and the stock does what it's been doing for the last six months, trading close to 100, i know steph had just moved back up towards 100, but it's been in a fairly tight range for a long period of time. if i can take in $2 every mo

killed last year when the shooting broke out at a halloween party at a home that was rented on air bnbily is inviting the public to decorate the fountain. >>family really appreciate the support that we have been getting worse since we have got in contact with you know a lot of people in there in the community. the margin this you know reaches all you know the sun typically a lot have reached out to us. >>in addition to the 5 people who were killed. and they're also for others who were injured in that shooting and there still has been no arrest. >>well a new school named after a former first lady is now open in the east bay, michelle obama elementary school in richmond is the first bay area school to be named in honor of mrs. obama students and staff participated as you can see in a virtual ribbon cutting ceremony for the grand opening yesterday. the school has formally the location of woodrow wilson elementary school. the contra costa unified school district chose the new name though of the former first lady because they say that name resonated more with who they are as a community. >>

. >>> former apple design chief has a new client, air bnb.y famous design chief as a consultant is the man behind some of the most iconic products of our generation, from the candy colored imax to the ipod smart phone and he will help dejoin the next airbnb products and services it's built on its brand and design-driven approach it helps drive more direct bookings than, say, relying on google he is also the latest hire in an incredibly volatile year and ahead of ipo which a source tells me could happen as soon as december other names to come over to airbnb include david stenchson and catherine powell, global head of hostings there have been notable departures look greg greeley and belinda johnson who remains on airbnb's boards. it will hit markets with a newer executive team and larger losses amid the pandemic. guys, when it comes to -- i was reminded that airbnb's logo was a little bit controversial when it came out in 2014. i will leave you guys to imagine what some suggested it said. perhaps we could get a logo redesign from ive and his te

friends and family will gather in orinda tonight to remember those killed in last year's air bnb halloween shooting. people already bringing the signs and flowers to orinda. one of the five people who died in the gunfire when it erupted during the packed party inside a short-term rental unit. four more people were injured. the case still unsolved. her family just wants justice. >> that's all we can do is just say forever in our memory until we get justice and i hope and pray one day we do. >> one year later, orinda has put together guidelines for homeowners during short term renters and tried to ban parties by not allowing one-night bookings for halloween. >>> another surge in coronavirus cases. the u.s. reporting more than 80,000 new infections yesterday alone. a new record for daily cases breaking the previous record set friday. another nearly 1,000 people died. in california, confirmed infections are now past 900,000. more than 17,000 people have died. >>> at least 12 healdsburg district staff members were infected over the last ten days and the hospital is not considering it an outbrea

. >>> friends and family will gather in orinda tonight to remember those killed in last year's air bnb people are already bringing signs and flowers to orinda. 19-year-old oshana tompkins was one of five people who died when gunfire erupted during a packed party inside a short-term rental unit. four more people were injured. the case still unsolved. her family wants justice. >> that's all we can do is just say forever in our memory oshiana until we get justice and i hope and pray one day we do. >> orinda put together guidelines for homeowners doing short-term rentals. they do not allow one-night bookings for halloween. >>> the nfl is reportedly looking to allow a limited amount of fans to attend the super bowl. so, for now, the league is planning a 20% capacity crowd. that would mean about 13,000 fans will be able to fill the stands at raymond james stadium in tampa. >>> trending for you this morning a group of southern california county fishermen won't have to lie when they say they caught a fish this big. check this out. a 361-pound tuna. this was caught off the coast of orange count

was among 5 people who were killed in a shooting at a halloween partying at a home at a rented air bnb. >>the family is inviting the public to decorate the fountain. >>family really appreciate the support that we have been getting worse since we have got in contact with you know a lot of people in there in the community. the margin this you know reaches all you know the sun typically a lot have reached out to >>in addition to the 5 people who were ki led 4 others were injured at that party and there's still been no arrest in the case. >>well in the north bay sonoma city council member and former mayor david cook has been arrested now on child molestation charges. we have a picture of heat, the alleged assault was reported on monday. cook was arrested tuesday night and released on bail wednesday morning he served on the scene on the city council since 2012 and was mayor in 2015. we'll take a break we'll be right back. humira patients,... ...this one's for you. you inspired us to make your humira experience even better... with humira citrate-free. it has the same effectiveness you know a

people killed last year as shooting that broke out at a halloween party at a home that was rented on air bnb the family is inviting the public to decorate the fountain between now and wednesday. >>family really appreciate the support that we have been getting worse since we have got a contract that you know a lot of people in there in the community. it's been marvelous, you know reaches all you know this and that's typically a lot have reached out to us. >>5 people died 4 others were injured there still have been no arrests in the case. >>well this is what halloween typically looks like in san francisco, thousands of people in costumes flocking to the castro district. the san francisco leaders are issuing a warning about partying in the city this weekend mayor london breed visited businesses out in the excelsior district today, the mayor says the city may be in the state's least restrictive reopening tear but the state is starting to see a rise in the number of new covid-19 cases and hospitalizations. >>but i'm concerned about right now is that as we go into the whole halloween weekend and p

>>on cougar lane part time since 2012 the rest of the year they rent their home out as an air bnb they say they've been told only one of almost a dozen properties in their area is still standing but they're not sure which home that is. >>we feel that really get touch. hundreds if not thousands of la times and then bill you had such deep sold to it. >>this is the 3rd time the couple has been evacuated since 2017. their home was spared in the past but right now it doesn't look like they may be as lucky this time around. >>how about 70,000 residents in napa sonoma county still cannot go home tonight because of the glass fire and new evacuation orders are still being issued kron four's ella sogomonian is in our newsroom with details ella can pound the newest evacuation orders are for the napa county area so take a look at the screen there have been. >>upgrades from warnings so people should have already left if they were between old toll road and pope valley road from inquiry to a yet the springs road. all recreational areas in or near the robert louis stevenson state park including table

were killed last year after a shooting broke out at a halloween party at a home that was rented on air bnbiting the public now to decorate that found. >>family really appreciate the support that we have been getting worse since we have got a contract that you know a lot of people in there in the community. it's been marvelous, you know reaches all you know the sun typically a lot have reached out to >>yeah in addition to the 5 people who were killed. 4 others were also injured and they're still no arrest in that case. in the east bay, the murder investigation is under way after a man's body was found in the berkeley hills who was along grizzly peak boulevard. police say that's where the victim was shot and killed that road was closed for hours yesterday morning as investigators comb the area for evidence. >>hearing the helicopters going overhead with yeah ok what's going on some things going on and then we just noticed that there was a crime scene up the hill. >>so far there have been no arrests, anyone with information on this crime is asked to call oakland police. we'll take a break here

that a lot of traditional real estate has been disintermediate yated by things like e-commerce, air bnb and reworks and other digital mod tha els that disrupted real real estate and really that's where we see the future of real estate. you can see that today in the s&p 500 where tower trade and they're trading at a significant premium to traditional real estate vehicles. >> so i'm wondering if it's coming a little bit too late, mark covid-19 has only exacerbated the shift. you're trying to sell hotel properties at a time where i'm sure they're very devalued and buy digital properties where everybody wants them >> yeah, look, it hasn't been easy i think if we think about the move that we made last week and selling our lodging assets, it was really an important move for us and we began that process really in earnest in january. we tried to restructure our hotel loans. we had had an asset we thought was attractive and very sellable and the most thing is to return cash back to the balance sheet and continue the rotation which very successful over the last 40 months the so as for asset price