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Niket Raj Dwivedi
ย โขย
Medialย โขย 1y
โSaturday Startup Nugget Story- 3โ AirBnB cash crunch and their innovative solution to make some quick cash. Flashback to 2008, Airbnb was facing a money crunch. So, the smart founders had a wild idea โ sell cereal! They created special boxes, "Obama O's" and "Cap'n McCain's," and priced them at a whopping $40 each. But here's the twist โ it wasn't just about money; it was about turning a tough time into something fun. "Obama O's" had 'O'-shaped cereal for hope, and "Cap'n McCain's" playfully showed McCain as a navy captain. These weren't just cereals; they were a symbol of Airbnb's clever thinking and ability to make the best out of a tricky situation. Those pricey cereals not only helped Airbnb stay afloat but also became cool collectibles. It's like turning a breakfast idea into a success story! The founders chartered into unknown territory to make ends meet. Sometimes such hacks keep companies alive.
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