Owler Company Timeline: Airbnb
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From hand gluing cereal boxes to generate money, to a $10 billion valuation in just six years, Airbnb has disrupted the vacation rental business and continues to grow internationally. A COMPANY HISTORY May 2014 Powered by
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This full and free Airbnb company timeline looks at how the couch-surfing company went from a barely-surviving business to a thriving marketplace valued at $10 billion. Explore Airbnb's history through trends in employees, revenue, acquisitions, and funding, and learn where & when they've expanded and had significant events - all in this free report! Check out Owler.com for more great insights on Airbnb and 800,000+ other companies!
Transcript of Owler Company Timeline: Airbnb
From hand gluing cereal boxes to generate money, to a $10 billion valuation in just six years, Airbnb has disrupted the vacation rental business and continues to grow internationally.
A COMPANY HISTORY
May 2014 Powered by
AIRBNB | TIMELINE OVERVIEW
2008 2009 2010 2011 2012 2013 2014
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
AUG 11, 2008launches as AirBed and Breakfast
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AIRBNB | FUNDING
$500M
$300M
$100M
$200M
$400M
$800M
TOTALRAISED
$600M
$700M
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
2008 2009 2010 2011 2012 2013 2014
$200M
Dec 2012
$112M
July 2011
$7.2M
Nov 2010
$20K
Dec 2008 $600K
Mar 2009
$450M
April 2014
$6.6M
Feb 2012
AXEL SPRINGER
ANDRESSEN HOROWITZDST GLOBALGENERAL CATALYST PARTNERSCRUNCH FUNDJEFF BEZOSASHTON KUTCHERSEQUOIA CAPITAL
GREYLOCK PARTNERSSV ANGELYOUNIVERSITY VENTURESELAD GILJEREMY STOPPELMAN
Y COMBINATOR
SEQUOIA CAPITALYOUNIVERSITY VENTURES
TPGT. ROWE PRICE
SEQUOIA CAPITALDRAGONEER
$776.4M
TOTAL FUNDING TO DATE
$1.3 BILLION $2.5 BILLION VALUATION$10 BILLION
FOUNDERS FUNDANDRESSEN HOROWITZSEQUOIA CAPITALGENERAL CATALYST PARTNERS
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AIRBNB | ACQUISITIONS
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
Community marketplacethat bring events
and students together
Hamburg, Germany
Global homestaynetwork that
connects hostsand guests
London, UK
San Francisco, CA
Allows visitors to ask questions about locations and have locals answer in real time
Montreal, CA
Hyperlocal, curatedcity guides
New York, NY
2008 2009 2010 2011 2012 2013 2014
Jun 2011 Mar 2012
Allows users to telldaily stories of their
lives through pictures
San Francisco, CA
Jul 2012
Dec 2012
App for bite-sized localrestaurant reviews
Oct 2012
Jul 2012
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AIRBNB | EMPLOYEES600
300
100
200
400
500
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
3Aug 2008
4Dec 2009
15Jun 2010
85May 2011
130Jul 2011
250Sep 2011
500Jul 2012
600Jul 2013
650Apr 2014
2008 2009 2010 2011 2012 2013 2014
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AIRBNB | OFFICES
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
Sao Paulo, Brazil
San Francisco, CA[Main HQ]
Aug 2008
Portland, OR[Operational HQ]
Mar 2014
Mar 2014
(projected to opensummer of 2014)
Dublin, Ireland[European HQ]
Sep 2013
Sep 2013
Feb 2012
Feb 2012 Feb 2012
Feb 2012
Feb 2012
Moscow, Russia
Copenhagen, Denmark
Barcelona, Spain Milan, Italy
Sydney, Australia
Singapore
Paris, France Jan 2012Jan 2012
Jan 2012
Jan 2012
Jan 2012Berlin, Germany
London, UK
Hamburg, Germany
Oct 2012
Oct 2012
Oct 2012
Oct 2012Delhi, India
HEADQUARTERS
2008 2009 2010 2011 2012 2013 2014
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Apr 2012
AIRBNB | REVENUE
$180M
$60M
$120M
$240M
$300M
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
$8.4M
Mar 2011
2008 2009 2010 2011 2012 2013 2014
$52.8M
Mar 2012
$250M
Dec 2013
$300M
Apr 2014
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[ALL ESTIMATES INDICATE TRAILING TWELVE MONTHS]
AIRBNB | HIGHLIGHTS
500K
600K
300K
100K
200K
400K
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
Custom Cereal Boxes
Fall 2008
Dec 2008
Y Combinator invites AirBedandBreakfast to join incubator’s winter session for three months of training.
Mar 2009
Name shortened to Airbnb.com; site expands from airbeds and shared spaces to variety of properties.
Dec 2012
Awarded Apple’s Best Disruptive Service of App Store in 2012
In debt and in need of rent money, founders Brian Chesky, Joe Gebbia, and Nathan Blecharczyk create special edition political cereal boxes. They raise $30,000.
Jun 2010
CEO Brian Chesky moves out of his shared loft/ office space and commits to living in Airbnb rentals for a year.
Mar 2011
Airbnb wins Breakout App Award at annual South by Southwest conference.
700K+nights booked;
8K cities
1M
nights booked
Jul 2011
Jeff Bezos and celeb-u-vestor Ashton Kutcher invests in Airbnb; Kutcher also announces new role as strategic advisor Mar 2012
Wish list featurelaunched
Nov 2012
Neighborhoods feature launched
NUMBER OFLISTINGS
5M
nights booked
10M
nights booked
34K+ cities
2M
nights booked
2008 2009 2010 2011 2012 2013 2014
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Apr 2014600,000+
Dec 2012300,000
Nov 201050,000
Y Combinator
Officially Airbnb
Chesky airbnbsBreakout App
Dude, where’s my airbed?
Wish lists
Neighborhoods
App Store Disruption
REFERENCES
Follow Airbnb and other companies on
www.owler.com
owler.comairbnb.comnytimes.comthenextweb.comwsj.cominc.comtechcrunch.commoney.cnn.comft.comoregonlive.combusinessweek.combetabeat.comgigaom.com
