Airbnb

“Droperty tax, I actually funded via Airbnb. And I was renting out my place on Airbnb and funding the business, and we're profitable pretty quickly.”

“So we actually have over 700 brands signed up to the platform, but we launched with a free marketplace, a bit like an Airbnb.”

“Like, I've had options to invest in Airbnb and companies like that when they're raising their Series A, and I'm like, eh, I don't know how you're gonna compete with HomeAway.”

“We have multiple users at Dropbox, Twitter, Airbnb where a lot of the users there have just adopted the product on their own.”

“I think there was maybe, I think there was definitely some FOMO from Airbnb.”

“You're twice as much, quite as twice as a chance of renting your place out if you're a super host, because then they basically advertise for you.”

“And we, the last two months, so it's only been a couple months, we've rented out like 28 and 27, 31 days. So our occupancy rate's about 90%, which is higher.”

“80% of everybody that has a listing at Airbnb aren't doing it for business.”

“Industry standard is 20 to 30% on management companies based in, on Airbnb.”

“Profitability wise as a percentage, like smaller places, actually like a Kansas city and Cleveland are going to be better percentage wise, but I don't really want to be there or like own places there.”

“Basically San Diego and Miami are the most profitable places for Airbnb.”

“It happens to be that we are known, for instance, in Silicon Valley, if you are, we have three or four of the top unicorns or customers of ours, which I can name Airbnb because everybody knows about that one, but we're very involved with a lot of those kinds o…”

“We assume that every platform that exists today, Uber, Airbnb, eBay, Will be replaced eventually by decentralized platforms and gnosis is a platform decentralized platform for prediction markets”

“There was a company in our space when we first started that actually had Pinterest, Airbnb, and Etsy using them. When we had just launched literally brand new, super buggy product within a year and a half, all those companies were using us and that company had…”

“Uber is actually a pretty damn good company. When you think of, it's easy to poke holes on a Facebook and Uber and Airbnb how there's some falls on them, but when you really try to solve their problem, it's super hard.”

“Many of you know Andrew from his company Mixergy and where he's interviewed over 1500 entrepreneurs and startup founders such as the founders of Airbnb, Twitch, Groupon, and LinkedIn.”

“And so we work with partners like Airbnb and booking.com Expedia, all those really popular consumer point of sales. And that all feeds directly into our system.”

“We look at like the time of the booking window, your host activity, what your rate was, you know, 12, 14 different signals actually to say whether it's a booking or a block date in your calendar. So that's kind of the core of our technology that we've been wor…”

“I was pretty close to a hundred percent over three years.”

“Longer term we see, you know, there's probably a million people around the world that are full-time Airbnb entrepreneurs.”

“There's lots of sources, you know, it did start off as a scraper. But then, you know, as we had all this great data, we were able to sign partnerships with other software providers. So we'll sign deals with that channel managers or large property managers. To …”

“It's probably close to it's getting, it's approaching a hundred million dollars a day. I would say going through Airbnb.”

“More people are choosing to travel on Airbnb than there are places coming on the market every single day.”

“You know, there was this huge opportunity to kind of rent properties for 3000 bucks and rent them for 300 bucks a night and make 8000 dollars a month on those properties.”

“You know, we sell to the hotels and they see like Airbnbs are crushing it in this location. They're like, well, I should go build a new 300 unit hotel in that spot.”

“Our general kind of analysis shows that, you know, they're underpricing properties by about 20 to 25%.”

“And we work with some of the largest brands in the world from Starbucks and Walmart, McDonald's to Airbnb, Spotify, Venmo, you name it.”

“We do, we have, we take out from both sides of the platform. We take a little bit from the supplier. So by adding on a small fee to each unit sold, not dissimilar to what Airbnb does. And then on the backside, we take five to 10% of the retail price.”

“They actually just to give you a context for how things have changed, they did what they then called their Series A, which later got rebranded as a Series C because there wasn't such a thing, I think, as a Series C at the time. But they raised 600,000 dollars …”

“And we don't believe that we should own machines because Airbnb and booking, they're like the biggest hotel chain in the world. And we believe that we can be the biggest manufacturers without, without any machines.”

“We're now scaling this out into a marketplace where creators from all around the world will be able to sign up and use the platform a bit like, you know, being a host on Airbnb, for example. And then brands from around the world will be able to tap in and get …”

“So we basically pull in that simple text metadata and auto generate three second video memories from that data and put it all into a calendar user interface.”

“So at the time our investors, our lead investor thought it was a terrible, terrible deal because it was all stock and the value equated to not that much in their eyes.”

“So, so the way I did it is I just set aside a hundred K. Here's a hundred K that I can burn through both life expenses and also business expenses. And that was my investment in myself.”

“The biggest competitor is called Handy, where it's just like an Uber type service for cleaning. It can't, what we found is it can't really be like that for Airbnb vacation rentals. That's why we're doing the franchise model, which is much more localized for th…”

“So that's exactly what they're working on now, which is to integrate this product with the leading OTAs. So if you go to an Airbnb or a booking.com or Expedia, you would have that option to book by the R.”

“Unlike most marketplaces are supply constrained. So Uber needs more drivers, Airbnb needs more hosts, et cetera. We're more demand constrained than supply constrained.”

“Lenders are starting to lend off of Airbnb on a purchase, which they've only been doing on refis.”