The Product

• Overall valuation now: ~$25 billion• Projected 2015 revenue: $900 million • Project 2015 operating loss: $150 million• Future:

– Predicted revenue of $10 billion – Looking to be profitable by 2020

Financial Background

Company History2007: The humble beginnings

Summer 2008: Airbed & Breakfast

Spring 2009: Y Combinator anyone? Rebranded as Airbnb

Spring 2011: 1 million nights booked!

Summer 2014: Complete visual overhaul/rebrand

Summer 2015: Airbnb is now valued at over 25 billion dollars

What’s hot? The controversies

What’s its sauce?

• Takes advantage of the sharing economy

• Servicing budget-minded people

• Unique comfortable space for rentals

• Push to grab market share (Homeaway)

Mr. Brian Chesky

The Competition

It’s growing, baby

THANK YOU!