• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Airbnb

Airbnb Spends More Than $8 Million in San Francisco Fight

By
TIME
TIME
Down Arrow Button Icon
By
TIME
TIME
Down Arrow Button Icon
November 2, 2015, 4:25 AM ET
114171340
Moonrise over San FranciscoPhotograph by Getty Images/Flickr Select

This article is published in partnership with Time.com. The original version can be found here.

By Rishi Iyengar @Iyengarish

Airbnb has mounted a massive campaign to defeat a San Francisco proposal that would severely impact its business model, hiring a former political strategist and spending more than $8 million in the process.

A measure called Proposition F, which would limit the short-term housing rentals that have made Airbnb one of the fastest-growing companies in the U.S., will go before voters on Tuesday, Reuters reports.

Although the firm’s presence in its home base of San Francisco is not as large as cities like New York or Paris, passage of the measure would be a symbolic defeat that could provide a catalyst for other cities to implement similar restrictions.

Airbnb’s efforts to stall Proposition F — which include $2 million spent on sending 400 volunteers to visit houses across the city — seem to be working, with a recent poll showing 55% of residents plan to vote against the measure.

About the Author
By TIME
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.