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Shreel Dubey
Digital Marketing & ... • 4m
The Inspiring Story of Airbnb: From an Idea to a Billion-Dollar In 2007, Brian Chesky and Joe Gebbia struggled to pay rent in San Francisco. With hotels fully booked for a conference, they rented out air mattresses in their apartment, calling it "Air Bed & Breakfast." Seeing potential, they partnered with Nathan Blecharczyk to develop the idea. Investors rejected them seven times, and to survive, they sold custom cereal boxes, raising $30,000. In 2009, Y Combinator helped them refine their model. To attract hosts, they took professional photos of listings, increasing trust and bookings. Despite concerns about safety, they introduced a $1 million insurance policy for hosts. By 2015, Airbnb was valued at $25 billion, disrupting hotels with affordable, unique stays. COVID-19 almost crushed the company, but they adapted by promoting long-term stays and domestic travel. Today, Airbnb is a $100+ billion giant, proving that persistence and innovation turn small ideas into global successes.
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