What do you do when you HAVE TO attend an important event in a new city, and most
It was October 2007, and Amol had to attend the International Designer’s Conference in San Francisco. Too bad the hotels were charging over $ 300. He couldn’t make it there without a good hotel deal, and found a site.
“I found this website called Air
Cut to Brian Chesky,
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“They had quit their jobs to be entrepreneurs, also known as unemployed”, Nathan chuckles now. “That’s when we had the idea, why not rent out the bedroom to designers coming into town”, he says.
So Nathan moved out, and AirBnB started.
“It wasn’t much of a bedroom. There were no beds, so instead of calling it a bed and breakfast, Joe put on an air bed, and called it air bed and breakfast”, Nathan says. Amol paid $80 a night, stayed for 5 nights and became the first of 80 million AirBnB guests.
That weekend the trio hosted three guests, a 35 year old woman from Boston, a father of four from Utah and Amol. They made a cool $1000. Later the boys sat thinking if such a diverse group found their offering interesting, there could be a real business opportunity there.
You know the rest of the story.
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