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From the article :
Airbnb was rejected by multiple major investors during its first year of operations, Chesky noted in a 2015 Medium post. “The investors that rejected us were smart people, and I am sure we didn’t look very impressive at the time,” he wrote.
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Today, Airbnb has a market capitalization of $75.13 billion.
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Y Combinator was responsible for one of Airbnb’s earliest investments, giving the then-startup $20,000 in exchange for 6%
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Full article :
www.cnbc.com
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Additional reading:
medium.com
^ SEE THE ACTUAL REJECTIONS OF AIRbnb (fascinating)
Airbnb was rejected by multiple major investors during its first year of operations, Chesky noted in a 2015 Medium post. “The investors that rejected us were smart people, and I am sure we didn’t look very impressive at the time,” he wrote.
---
Today, Airbnb has a market capitalization of $75.13 billion.
---
Y Combinator was responsible for one of Airbnb’s earliest investments, giving the then-startup $20,000 in exchange for 6%
---
Full article :
Airbnb CEO says his $75 billion company was rejected by investors—until a $40 box of cereal turned things around
Airbnb CEO Brian Chesky says his company was initially rejected by a dozen investors, and finally secured funding with the help of some $40 boxes of cereal.
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Additional reading:
7 Rejections
On June 26, 2008, our friend Michael Seibel introduced us to 7 prominent investors in Silicon Valley. We were attempting to raise $150,000…
^ SEE THE ACTUAL REJECTIONS OF AIRbnb (fascinating)
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