#growth Tech News.
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The latest growth news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks growth across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Airbnb shares have fallen 11% over the past five years as of June 10, trading sideways. The company benefits from a powerful network effect with 5.5 million hosts and 9 million listings, plus 2.5 billion total guest arrivals since 2007. Its brand ubiquity and 91% direct or unpaid traffic in 2020 strengthen its competitive moat.
The Vanguard Russell 1000 Growth ETF (VONG) offers large-cap stability with a 0.06% expense ratio, while the iShares Russell 2000 Growth ETF (IWO) provides small-cap growth exposure at 0.24%. IWO has a higher 1-year return of 32.40% versus VONG's 21.20%, but VONG has lower volatility with a beta of 1.16.
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