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They launched in mid-2008 [0]. By 2011 they had been running a growing business for a couple of years; their Series A was in late 2010, apparently preceding th
by ScottBurson 10y ago
They launched in mid-2008 [0]. By 2011 they had been running a growing business for a couple of years; their Series A was in late 2010, apparently preceding this pitch deck (!).
I was imagining the market size question being posed at the seed stage. (And I suspect that whoever wrote the line I quoted above was thinking along the same lines.) If we could read AirBnB's YC application, would it have a similar estimate? I rather doubt it.
[0] https://en.wikipedia.org/wiki/Timeline_of_Airbnb https://en.wikipedia.org/wiki/Timeline_of_Airbnb
- pixelmonkey 10y agoI mis-labeled the pitch deck as being from 2011. It's actually from 2008. Described in this BI story as being a copy kept by an MBA student from that period when investors were snubbing them. http://www.businessinsider.com/airbnbs-first-pitch-deck-2015-3 http://www.businessinsider.com/airbnbs-first-pitch-deck-2015...
- ScottBurson 10y agoOh, okay. Well, point taken, then.