Inside Airbnb: From 2008 to Now Into a Over $3 billion business
Startup Type:
Headquarter: San Francisco, USA
Current Status: Active (went public in 2020)
Founders: Brian Chesky, Joe Gebbia, Nathan Blecharczyk
Founded Year: 2008
Investors: Andreessen Horowitz, Sequoia Capital, General Atlantic
Funding Raised: Over $3 billion
What Is the business model of Airbnb?
Online marketplace for short-term home rentals, charging service fees to both hosts and guests
How Airbnb got started?
Started when the founders rented out airbeds in their apartment during a conference, they famously sold Obama O’s cereal to fund the idea.
what growth strategy has Airbnb followed?
Grew via word-of-mouth and a referral program, building a community of hosts and guests to scale globally
what are the top products/features of Airbnb
Airbnb online rental platform, Airbnb Experiences
what was the biggest challenge faced by Airbnb?
Facing legal and regulatory battles in many cities over short-term rental laws and hotel industry opposition