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Shuvodip Ray

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YouTube • 10m

In 2008, two roommates, Brian Chesky and Joe Gebbia, were struggling to pay rent in San Francisco. They decided to rent out three air mattresses in their apartment to attendees of a design conference happening in the city. They created a basic website, called it "AirBed & Breakfast," and offered homemade breakfast as part of the deal. They managed to make enough money to cover their rent and even got their first three guests. The experience inspired them to pivot their idea into what is now known as Airbnb, a global online marketplace that connects travelers with local hosts offering unique accommodations. Today, Airbnb is valued at billions of dollars and has revolutionized the hospitality industry.

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Do you know why Airbnb does not have the lowest price to higher price sorting on their website/app? Do they want people to stay in expensive hotels/ houses? (Ps: Typing error corrected!)

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