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Airbnb Deep-Dive

Thomas Chua by Thomas Chua
March 5, 2023
in Investing
Reading Time: 16 mins read

“Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.” — Andy Grove When I researched Airbnb, it reminded me of this quote because the company was born during the subprime crisis in 2008 and then it took another big hit from the Covid crisis, which directly impacted the business. How it all began Airbnb’s founders, Joe Gebbia and Brian Chesky both went to art school and didn’t have the traditional IT or business background like most founders of tech companies. After they graduated, Brian Chesky worked as an industrial designer in Los Angeles...

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