This document summarizes key information about Airbnb, including their products, financial details, history, competitive landscape, and growth opportunities. It notes that Airbnb raised $450 million in 2014, giving them a valuation of over $10 billion. Their secret to success includes having over 800,000 global listings across 190 cities, allowing customers to earn money by renting their spaces. While hotels are the main competition, Airbnb's growth is staggering with no true competitors and still room for further expansion.
3. Financials
April 2014: $450 Million Investment
Valuation of approx. $10 Billion
Estimated $250 revenue in 2014
4. History
August 2008: Founded
January 2009: Invited to Winter YC Batch
March 2009: Airbnb.com
July 2011: Raised $112 Million
October 2013: Raised $200 Million
April 2014: Raised $450 Million
July 2014: Rebranding
5. Whats Hot
Rebranding
Airbnb Open
Host Protection Insurance
Growth
6. Secret Sauce
Global
o 800,000+ Listings
o 190+ Cities
Only viable option other than hotels
Customers make money (the renters)
