We faced challenges in raising funds, with many investors not responding or passing on Airbnb, claiming it didn't fit their investment thesis or that the travel market wasn't big enough, but we eventually secured a $1.5 million valuation for Airbnb.

We provide landlords with insights on pricing and market trends, helping them understand how to maximize their rental income.

The real estate market is massive, with a $250 trillion asset class, and even raising significant funds will only be a small fraction of that.

The transition from air beds to allowing entire homes to be rented was crucial for Airbnb's growth, transforming it from a niche idea to a billion-dollar company.

The emergence of platforms like Airbnb has transformed the hospitality industry, allowing individuals to monetize their properties without traditional barriers.

During the pandemic, we lost 80% of our business in just eight weeks, which was a shocking and challenging experience for Airbnb.

The luxury sector is dynamic, valued at $370 billion today, and the luxury market has tripled in the last 20 years, with Gen Z expected to make up 30% of luxury consumers by 2030.

For Airbnb, the value is realized when users book and stay, but since travel is infrequent, measuring repeat usage can be challenging.

Airbnb's evolution from renting airbeds to entire homes illustrates the necessity of adapting your startup's approach to meet market demand.