Airbnb
airbnb.com | Traveltech, SharingEconomy
Year2008
RoundPre-Seed
Amount$600k
Overall
Storyline
14 slides
14 slides
1 slide
Welcome to AirBed&Breakfast, where you can book rooms with locals rather than hotels.
1 slide
Travelers are concerned about price, feel disconnected when staying in hotels, and lack a simple way to book rooms with locals or become hosts.
1 slide
We provide a web platform enabling users to save money, make money, and share culture by renting out or booking spaces.
1 slide
The temporary housing market is validated by platforms like Couchsurfing and Craigslist.
1 slide
The temporary housing market has a massive total available market of 2 billion trips worldwide, of which 560 million are budget and online bookings.
1 slide
Our product allows users to search by city, review listings, and book accommodations easily while also enabling hosts to post rooms.
1 slide
We take a 10% commission on each transaction, projecting significant revenue growth by 2011.
1 slide
Our adoption strategy involves targeting major events, forming partnerships with travel companies, and utilizing Craigslist for dual postings.
2 slides
While there are several competitors like CouchSurfing and Hostels.com, our unique advantages include being the first to market for transaction-based temporary housing and our user-friendly features.
1 slide
Our team includes experts in user interface, business development, and development, all with strong entrepreneurial and design backgrounds.
2 slides
We've garnered positive press and testimonials that highlight our value proposition and user satisfaction.
1 slide
We are seeking a $500K angel round to fund 12 months of operations, allowing us to reach 80,000 transactions and generate $2M in revenue.
