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Airbnb

Airbnb started out in 2008 when founders Brian Chesky and Joe Gebbia realised they could make a quick buck by renting out an air mattress in their living room to people visiting San Francisco for a big conference. The idea then evolved into a website where others could do the same, and travellers could get a cheaper option than a hotel. After their first guests, Airbnb’s founders realized they were on to something bigger than a stopgap for rent. They faced rejection plenty of times – and created their own version of Obama O’s cereal – but the three founders of Airbnb have built a big business in the past nine years.

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