Jim Cramer on Airbnb: Alphabet Is Making Smart Investments

Jim Cramer is pleased with Alphabet's investment in Airbnb and said its $30 billion valuation is totally possible.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is pleased with Alphabet's (GOOGL) - Get Report investment in Airbnb and said its $30 billion valuation is totally possible. "I'm a huge Airbnb backer and user," Cramer said. "Alphabet is so smart to invest in [Airbnb]." Cramer also said Twilio (TWLO) - Get Report powers Airbnb and Facebook's (FB) - Get Report WhatsApp.