How Started Airbnb

Or How Guys went From Renting Air Mattresses To A 10 Million Dollar Company

how start airbnb

Two guys (Joe) and (Brain) San Francisco can’t pay rent

They think to rent out 3 air mattresses on floor to people and serve breakfast

2007

They make a simple website (a blog with maps) airbedandbreakfast.com

2 men, 1 woman showed up, paying $80 each

After guest left they thought this could be a big idea

(Nathan) They Invited roommate as a co-founder to build the site

Launched at SXSW – got two booking

Brain I hope it’s not the only idea you are working on (friend)

2008

Sold ‘Obama O’s cereal before the election for $40 each making first making first money $30,000

2009

Got $20,000 in first funding from Paul grahams Y Combinator

Were making $200 a week for months not growing

Realized photos of places were not pretty

Went door-to-door in NYC and take photos of listed house

One week later

Made $400 a week started to grow

Were rejected by a famous VC in New York (fred Wilson)

Barry manilow’s (a famous singer) drummer rents an entire house

Raised $600,000 seed around from sequoia

Raised $7.2 million then $112 million from many investors and ashton kutcher

hitasoft
Follow me

hitasoft

Appkodes Branded by Hitasoft Technology Solutions Pvt Ltd. Specialized in Mobile App Development For Both Android and iOS Devices. Transparent App Development Process That Brings Down Your Overall Development Budget Without Compromising the experience. Beautiful User Experience For Seamless Navigation, user retention and Communication. This Is Why We Are Trusted Mobile App and Web Development Company.
hitasoft
Follow me