It seems like it would take some serious ingenuity to make staying in strangers homes a normal occurrence. However it came from trying to solve a pretty simple problem. Brian Chesky and Joe Gebbia lived in San Francisco and as industrial designers. With the Industrial Designers Society of America coming to San Francisco, the two roommates saw an easy way to make some rent money. With the hotels in the area completely booked they bought three air mattresses and marketed the idea as “Airbed and Breakfast”, and actually had three guests the first night. By 2015 Airbnb had a valuation of $20 billion. From such humble beginnings came one of the biggest companies in the world. Chesky, who at 36 years old, is one of the youngest yet most influential entrepreneurs right now but is not content with where the company is at. Airbnb had partnered with the reservation app Resy to expand their services and help solve more of their customers problems. It is great to see how much can come out of a simple solution to a problem. I think this shows how important problem solving is to entrepreneurship and what can happen if you do it well.
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I think that Airbnb is an amazing idea, as years ago you would never think that people would possibly stay in a stranger’s house. These entrepreneurs proved that thought wrong. However, I wonder what percentage of people are still uncomfortable with this idea.
This is a wonderful alternative to costly hotels when staying in larger cities or areas where hotels are scarce. I wonder how the factors of security, safety, payment, zoning are tackled by this company.
Airbnb is such a cool idea! At first, I was hesitant to stay in one a few summer ago, but the experience turned out to be super enjoyable and a cheaper alternative to a hotel room.
Airbnb has had well recognized success across the country. It is amazing to see how a brilliant entrepreneurial idea can come by just looking for an opportunity in your nearby surroundings.
Airbnb is a really creative idea. Brian and Joe saw a problem and addressed it in an innovative way. Airbnb offers low cost accommodations as compared to staying at an expensive hotel.