Chesky also says he took some advice from Elon Musk of Tesla. Musk cautioned him against becoming a company that gets so big that it enters what he calls the “administration era”: a phase of 10 or 20 percent growth that a company settles into after the “creation era” and then the “building era” and signals a mature business. “Airbnb will never be in an administration era,” Chesky vows. “It will always be in a building era. It will always be in a phase 1,

