Three individuals showed up at their doorstep at night. They forthwith unveiled a website that provided Airbeds and homemade breakfast for only $80 Per Night.
The duo rented out their apartment to designers who were hunting for a place to stay. There was a significant scarcity of hotel rooms & accommodations for the participants and the audience.īoth the guys were out of work and had a week's rent to pay for their San Francisco apartment, this was when the light struck. Then, come to the scene, the Industrial Designer Conference held in San Francisco. The story of the world's largest online marketplace for lodging, Airbnb, revolves around Airbeds and rents.īack in October 2007, the to-be founder of Airbnb and his fellow roommate Joe Gebbia were searching for ways to pocket extra cash. Ideally, if you're an ordinary person and you've just solved your problem, you might have solved the problem for millions of people, said the Co-Founder and CEO of Brian Chesky. Instead of solving high-profile problems, try to solve something that's deeply personal to you. When you start a company, it's more an art than a science because it's totally unknown.
Airbnb commenced its journey from shared spaces & Airbeds to 6,000+ Properties in 192 Countries - including castles, private islands, apartments, and manors - with a Company Valuation of $38 Billion today.
