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Airbnb is a website for people to list, search, and rent a place. It has over 1.5 million listings in 34,000 cities and 190 countries. Founded in August 2008 and headquartered in San Francisco, California, the company is privately owned and operated by Airbnb, Inc.
As of July 2011, the company has raised US $ 119.8 million funding from Y Combinator venture, Greylock Partners, Sequoia Capital, Andreessen Horowitz, DST Global Solutions, General Catalyst Partners and an undisclosed amount from Youniversity Jawed Karim Ventures Partners, Keith Rabois, Kevin Hartz and, and private partners from A Grade and Guy Oseary Ashton Kutcher.
In April 2014, the company closed on a $ 450 million investment in TPG Capital at a valuation of about $ 10 billion.
As of March 2015, Airbnb is raising a new round of funding that will put the company at a valuation of $ 20 billion USD.
Shortly after moving to San Francisco in November 2007, Brian Chesky and Joe Gebbia created the original concept for the airbed & Breakfast in Industrial Design Conference organized by the Industrial Designers Society of America. The site originally provided short-lived, breakfast, and a business opportunity unique network for attendees unable to book a hotel in saturated markets.
At that time, roommates Chesky and Gebbia inability to pay rent for loft in San Francisco. They made their living room into a bed and breakfast, accommodating three guests on air mattresses and offers homemade breakfast.
In February 2008, technical architect Nathan Blecharczyk joined as a third party co-founder of the airbed & Breakfast. In the early stages of the company, the founders focused on the high-level event where scarce Accommodation replacement. The Airbedandbreakfast.com official website launched in August 11, 2008.
To finance websites, the founder of the version especially breakfast cereals, with presidential candidates Barack Obama and John McCain also was the inspiration for "Cap'n McCains'" Obama O "and . In two months, 800 boxes of cereal were sold at $ 40 each, which generated more than $ 30,000 incubation of companies and attract Paul Graham's Y Combinator.
After his inauguration, the site expanded to include real estate in the market between the hotel and CouchSurfing. In January 2009, Y Combinator invited Chesky, Gebbia and Blecharczyk to attend the winter of training.With incubator for three months the site has been built, they have used the Y-Combinator $ 20,000 investment to fly to New York to meet users and promote the site .They return to San Francisco with a business model profitable to present to the West Coast investors.
In March 2009, the name was shortened to Airbnb.com Airbedandbreakfast.com, and the content of the site has expanded from air and sharing bed space with a variety of properties including houses and apartments all households, private rooms, castles, boats, manors, tree houses, tipis, igloos, private islands and other properties.
One year later, there were 15 people working from Chesky and Gebbia loft apartment on Rausch Street in San Francisco. To make room for employees, Brian Chesky was up to his bedroom and living through Airbnb service until the company moved into its first office space of it.
The company continues to experience rapid growth through the years and in November 2010 raised $ 7.2 million in Series A funding from Greylock Partners and Sequoia Capital, and announced that among 700,000 nights booked, 80% have occurred in the past six months.
In February 2011, announced reservations Airbnb 1 million since its inception in May 2008.Then, in January 2012, announced the night Airbnb its 5 millionth international bookings via the service. In June 2012, the company released 10 million nights booked, the business doubled in 5 months. In this book, 75% of business comes from markets outside of the continental United States.
May 25, 2011, actor and partner in A-Grade Investments Ashton Kutcher announced a significant investment in the company and its role as a strategic advisor to the company brand.
By October 2013, Airbnb has served nine million visitors since its establishment in August 2008. In December 2013, the company reported it has more than six million new customers in 2013, and nearly 250,000 of assets was added in 2013.
In July 2014, Airbnb reveal design modifications to their websites and mobile applications, and introduce a new logo. Some are considered new symbol to be visually similar to the genitals, but a survey of consumers by Survata shows only a minority of respondents said that this was the case.
In June 2015, has decided to sponsor Airbnb Manor F1 Team. Their logos appear on the front of the vehicle on the nose and on other areas. it also appeared in the team and the drivers wear overalls.
In October 2015, Jersey City, New Jersey became the first city in the metropolitan area of New York to legalize Airbnb, and add it to their existing body of hotels and motels taxpayers. In the past, businesses were defined by planning law, but Mayor Steven Fulop said the city does not have enough inspectors to tackle the number of local units are rented, about 300 of which rent information via the service as of that date, and that rapidly developing technology like Airbnb makes doing so impossible. Under the new law, city Airbnb property tax paid 6 percent on assets in which employers temporary living space for travelers under 30 days, which is estimated to bring $ 1 in revenue for the city, and expand the capacity of tourism outside the city's 13 existing hotels. Airbnb also offers insurance protection for homeowners in the event of damage done to the residence of the tenant. The new law will not prevent organic associations from voting to prohibit the use in their buildings Airbnb