Airbnb was founded in August 2008 by Brian Chesky and Joe Gebbia. It is headquartered in San Francisco. It is a portal where anybody can post and rent their vacant rooms as a vacation home. It has got 15 Lacs of accommodation in around 34000 cities and 191 countries.
There is a story behind Airbnb. Founders Brian Chesky and Joe Gebbia moved to San Francisco in 2007. At that time, Chesky and Gebbia were not able to afford the rent for their loft in San Francisco. In October 2007 they developed a concept for Air Bed & Breakfast. They converted their living room into a bed and breakfast, which could accommodate three persons on air mattresses. They provided them homemade complimentary breakfast. They made a website named airbedandbreakfast.com. Initially, the site offered short-term living accommodation along with breakfast and a business opportunity. This offer was very attractive for the middle class or lower middle-class families because it was very expensive to get hotel accommodation near the central market.
Nathan Blecharczyk joined as a co-founder in February 2008. They launched airbedandbreakfast.com officially in August 2008. The site was shortened to Airbnb.com in March 2009. They expanded from air beds and shared rooms to entire homes and apartments, private rooms, boats, manors, castles, tipis, igloos, private islands, tree houses and many other properties.
After a year they had 15 persons working for them as full-time employees. All of them were sitting at their San Francisco Apartment. To make space for them Chesky moved to another place through Airbnb. He stayed as a guest until they had an office. There was a steep rise in the growth and today it’s a multi-billion dollar company.
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