How Boxes of Cereal Led to the Creation of Airbnb

How Boxes of Cereal Led to the Creation of Airbnb

Assessment

Interactive Video

Business, Religious Studies, Other, Social Studies

University

Hard

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The transcript details the early days of Airbnb, starting with the founders' initial idea, which was met with skepticism. They first experimented by turning their home into a bed and breakfast during a design conference. To fund their startup, they sold collectible cereal boxes themed around the 2008 presidential candidates. Despite initial struggles, they joined Y Combinator, which helped them grow during the Great Recession as people sought affordable travel options and ways to save money. The combination of economic conditions and growing social media comfort contributed to Airbnb's eventual success.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the interview with Paul Graham?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Great Recession impact the growth of the speaker's company?

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