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Airbnb
Airbnb, Inc. ( ), based in San Francisco, California, operates an online marketplace focused on short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. Airbnb is a shortened version of its original name, AirBedandBreakfast.com. The company has been the subject of criticism for lack of regulations and enabling increases in home rents. History After moving to San Francisco in October 2007, roommates and former schoolmates Brian Chesky and Joe Gebbia came up with the idea of putting an air mattress in their living room and turning it into a bed and breakfast. In February 2008, Nathan Blecharczyk, Chesky's former roommate, joined as the Chief Technology Officer and the third co-founder of the new venture, which they named AirBed & Breakfast. They put together a website that offered short-term living quarters and breakfast for those wh ...
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Joe Gebbia
Joseph Gebbia Jr. (born August 21, 1981) is an American billionaire designer and Internet entrepreneur. He is a co-founder of Airbnb and Samara, an accessory dwelling unit startup that was formerly Airbnb's design studio, and of Airbnb.org, the company's non-profit foundation. As of July 2022, his net worth was estimated at US$7.4 billion. Early life Gebbia was born August 21, 1981, in Atlanta, Georgia, the son of Eileen and Joe Gebbia of Italian ancestors.Joe Gebbia - Brookhaven City Councilman
retrieved May 8, 2016
He grew up in and has one sister, Kimberly. He pursued sports, music, and art throughout childhood, and worked several jo ...
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Lodging
Lodging refers to the use of a short-term dwelling, usually by renting the living space or sometimes through some other arrangement. People who travel and stay away from home for more than a day need lodging for sleep, rest, food, safety, shelter from cold temperatures or rain, storage of luggage and access to common household functions. Lodging is a form of the sharing economy. Lodging is done in a hotel, motel, hostel, inn or hostal, a private home (commercial, i.e. a bed and breakfast, a guest house (lodging), guest house, a vacation rental, or non-commercially, as in certain homestays or in the home of friends), in a tent, caravan/campervan (often on a campsite). Lodgings may be self-catering, whereby no food is provided, but cooking facilities are available. Lodging is offered by an owner of real property or a leasehold estate, including the hotel industry, hospitality industry, real estate investment trusts, and owner-occupancy houses. Lodging can be facilitated by an in ...
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Brian Chesky
Brian Joseph Chesky (born August 29, 1981) is an American businessman and industrial designer. He is the co-founder and CEO of the peer-to-peer lodging service Airbnb. Chesky was named one of ''Time'' "100 Most Influential People of 2015". Early life and education Brian Chesky was born on August 29, 1981, in Niskayuna, New York, the son of Deborah and Robert H. Chesky; His father is of Polish descent and his mother of Italian origin. Chesky's parents were both social workers. He has a younger sister, Allison.Gallagher, Leigh (July 1, 2015)"The education of Airbnb's Brian Chesky" ''Fortune''. As a child, Chesky was interested in art, drawing replicas of paintings, and design, redesigning shoes and toys. He later became interested in landscape architecture and design. In 1999, Chesky started attending the Rhode Island School of Design (RISD). He received his Bachelor of Fine Arts in industrial design in 2004. During his time at RISD, Chesky met Joe Gebbia, who would later be one of ...
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Nathan Blecharczyk
Nathan Blecharczyk (born 1983) is an American billionaire businessman. He is the co-founder and chief strategy officer of Airbnb, and chairman of Airbnb China. Blecharczyk was also the company's first chief technology officer. He had an estimated net worth of US$9.3 billion in July 2021. Early life and education Blecharczyk was born in 1983, the son of Sheila (née Underwood) and Paul Steven Blecharczyk, who is Polish-American. He grew up in an upper-middle-class family in Boston, Massachusetts. He attended Boston Latin Academy. During high school, he made money by creating his own software business. His web-hosting business provided services to spammers and was once listed on the Spamhaus's "Registry of Known Spam Operators (ROKSO)" which lists the top spamming services. He continued writing programs while attending Harvard University in pursuit of a Bachelor of Science degree in computer science, and made enough money to pay his tuition before abandoning his web-hosting busin ...
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Accomable
Accomable was an accessible travel startup that helped disabled people find and book adapted holiday accommodation worldwide online. Founded by Srin Madipalli and Martyn Sibley, two childhood friends who have Spinal Muscular Atrophy, the company was based in London, and was acquired by Airbnb in 2017. Background Accomable listed holiday accommodations with a range of accessibility features, including step-free entry, roll-in showers, hoists, height-adjustable beds and other equipment for guests with disabilities. Accomable CEO and co-founder, Srin Madipalli, developed the concept for Accomable in 2011 while travelling on a six month break from his City law job in London. Madipalli quit his law job and enrolled as an MBA at Saïd Business School (2013) where he developed an interest in tech and startups. The site was launched in the summer of 2015. Developments In May 2016, Accomable secured £300,000 seed funding from undisclosed private investors. The company also received a ...
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Homestay
Homestay (also home stay and home-stay) is a form of hospitality and lodging whereby visitors share a residence with a local of the area (host) to which they are traveling. The length of stay can vary from one night to over a year and can be provided for free (gift economy), in exchange for monetary compensation, in exchange for a stay at the guest's property either simultaneously or at another time ( home exchange), or in exchange for housekeeping or work on the host's property ( barter economy). Homestays are examples of collaborative consumption and the sharing economy. Homestays are used by travelers; students who study abroad or participate in student exchange programs; and au pairs, who provide child care assistance and light household duties. They can be arranged via certain social networking services, online marketplaces, or academic institutions. Advantages and disadvantages Homestays offer several advantages, such as exposure to everyday life in another location, the ...
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Homestay
Homestay (also home stay and home-stay) is a form of hospitality and lodging whereby visitors share a residence with a local of the area (host) to which they are traveling. The length of stay can vary from one night to over a year and can be provided for free (gift economy), in exchange for monetary compensation, in exchange for a stay at the guest's property either simultaneously or at another time ( home exchange), or in exchange for housekeeping or work on the host's property ( barter economy). Homestays are examples of collaborative consumption and the sharing economy. Homestays are used by travelers; students who study abroad or participate in student exchange programs; and au pairs, who provide child care assistance and light household duties. They can be arranged via certain social networking services, online marketplaces, or academic institutions. Advantages and disadvantages Homestays offer several advantages, such as exposure to everyday life in another location, the ...
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HotelTonight
HotelTonight is a travel agency and metasearch engine owned by Airbnb and accessible via website and mobile app. It is used to book last-minute lodging in the Americas, Europe, Japan and Australia. History HotelTonight was founded in December 2010 by Sam Shank, Jared Simon, and Chris Bailey. When it first launched in January 2011, the mobile app was only available in the US and on Apple products. The app launched on Android devices in July 2011 and now includes cities in Europe, Canada, Central America and South America. Fundraising In May 2011, the company raised a $3.25 million Series A round from Battery Ventures, Accel Partners, and First Round Capital. In November 2011, they raised $9 million from Accel Partners, Battery Ventures, and First Round Capital. In June 2012, a Series C round from U.S. Venture Partners, Accel Partners, Battery Ventures, and First Round Capital raised another $23 million. In September 2013, the company raised $45 million in a Series ...
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Nasdaq-100
The Nasdaq-100 (^NDX) is a stock market index made up of 101 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the NASDAQ Financial-100. History The NASDAQ-100 was launched on January 31, 1985 by the Nasdaq. It created two indices: the NASDAQ-100, which consists of Industrial, Technology, Retail, Telecommunication, Biotechnology, Health Care, Transportation, Media and Service companies, and the NASDAQ Financial-100, which consists of banking companies, insurance firms, brokerage firms, and Mortgage loan companies. The base price of the index was initially set at 250, but when it close ...
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Online Marketplace
An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process. In an online marketplace, consumer transactions are processed by the marketplace operator and then delivered and fulfilled by the participating retailers or wholesalers. These type of websites allow users to register and sell single items to many items for a "post-selling" fee. In general, because marketplaces aggregate products from a wide array of providers, selection is usually more wide, and availability is higher than in vendor-specific online retail stores. Since 2014 online marketplaces have become abundant. Some online marketplaces have a wide variety of general interest products that cater to almost all the needs of the consumers, others are consumer specific and cater to a particular segme ...
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San Francisco, California
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and ''Baghdad by the Bay''. San Francisco and the surrounding San Francisco Bay Area are a global center of economic activity and the arts and sciences, spurr ...
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Bed And Breakfast
Bed and breakfast (typically shortened to B&B or BnB) is a small lodging establishment that offers overnight accommodation and breakfast. Bed and breakfasts are often private family homes and typically have between four and eleven rooms, with six being the average. In addition, a B&B usually has the hosts living in the house. ''Bed and breakfast'' is also used to describe the level of catering included in a hotel's room prices, as opposed to room only, half-board or full-board. International differences China In China, expatriates have remodelled traditional structures in quiet picturesque rural areas and opened a few rustic boutique hotels with minimum amenities. Most patrons are foreign tourists but they are growing in popularity among Chinese domestic tourists. India In India, the government is promoting the concept of bed & breakfast. The government is doing this to increase tourism, especially keeping in view of the demand for hotels during the 2010 Commonwealth Games ...
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