In 2007, two unemployed graduates, Joe Gebbia and Brian Chesky were out of cash. To make some quick money, they rented out air mattresses to three guests for the night in their SF apartment, as all the hotel rooms around town were booked. They offered the guests pop tarts for breakfast.
This gave them a breakthrough idea: Why not create a website that lets anyone rent their spare rooms for the night(or weekend) and provide a homely experience to tourists?
The company they formed in 2008, Airbnb, is now worth USD 75 billion.
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