20 hours ago
- Airbnb founders were exceptionally earnest and energetic, taking notes and implementing ideas immediately.
- Despite being on the verge of failure with maxed-out credit cards, they persisted because they believed in the value of their concept.
- They discovered a new way for hosts to earn money and guests to travel, which was better than hotels in many ways.
- During Y Combinator, they focused on ramen profitability of $4000/month, achieved by concentrating on the hottest market: New York City.
- They personally visited hosts in New York, took professional photos, and learned hosts needed the money during the recession.
- Their growth started in early 2009, leading to ramen profitability by February, with a commitment to keep pushing forward.