Airbnb
Airbnb is one of the greatest startup success stories of late.
It stumbled throughout its first year before exploding. Now, it has raised more than $3 billion at a $31 billion valuation and it’s nearing an IPO.
The founders shared its first pitch deck with an MBA student, back when it wanted to be an air mattress rental company.
We gathered all the slides for you, here.
Back then, Airbnb was called "AirBed&Breakfast."
In 2008, when Airbnb was founded, there were things like couch surfing, but there really wasn’t an easy way to book a room with a local, which the founders thought could be cheaper than hotels.
The solution was a "share culture," where locals could make money renting space on their floors via air mattresses to strangers.
See the rest of the story at Business Insider
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Source: Business Insider – ashontell@businessinsider.com (Alyson Shontell)