Tag: Airbnb
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Every few years, Airbnb puts out Experiences with some type of rebrand. They want to be a superapp — but that’s never going to happen. Here’s why… The Ultimate Superapp: WeChat The biggest superapp in the world is China’s WeChat. You can do anything on Wechat: talk to friends, pay…
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In 2008, Brian Chesky was trying to raise $150,000. For this sum, you could’ve owned 10% of Airbnb. His friend Michael Seibel introduced him to 7 top investors, but Brian didn’t get a single check. Today, that 10% stake would be worth about $5 billion.* Let’s look at the reasons…
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In 2008, Airbnb was near death. Founders Brian Chesky and Joe Gebbia were living off dry cereal. If they didn’t raise this $500,000, it was probably over. This morning, I dug into the pitch deck Brian and his team used to raise that crucial round of funding. Framing the Problem…
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“One of the things with outliers is the ideas often seem completely nuts up front.” Marc Andreessen thought this couchsurfing app was crazy. Someone’s going to get murdered! A Startup Not Even a Mother Could Love Brian Chesky and Joe Gebbia, the Airbnb co-founders, pitched just about every investor in…
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+ Airbnb, Entrepreneur, Finance, Investing, Money, Silicon Valley, Stanford, Startups, Stocks, Tech, Venture Capital+
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“This is war. In a war between missionaries and mercenaries, the missionaries always win.” Brian Chesky Today, Airbnb is one of the most successful tech companies in the world. Its listings span the globe. Its market cap is over $90 billion. But back in 2011, Airbnb almost died. The assailant:…
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+ Airbnb, Entepreneur, Finance, Investing, Money, Silicon Valley, Startups, Stock Market, Stocks, Tech, Venture Capital+
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“At the time…we were trying to raise $150,000 at a $1.5 million post money valuation. So for $150,000 you could have owned 10% of Airbnb. And the majority of them didn’t even reply to the email.” That’s Brian Chesky, co-founder and CEO of Airbnb. In the history of Silicon Valley,…
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