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How I Built This with Guy Raz

Airbnb's Joe Gebbia At The HIBT Summit

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 6 December 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

Next in our series of episodes from the How I Built This Summit: Joe Gebbia, co-founder of Airbnb. Joe sat down with Guy Raz in front of a live audience in San Francisco, and talked about why he and his co-founders pursued their idea despite overwhelming feedback that it would never work. We're publishing another two episodes from the Summit – so keep checking your podcast feed every Thursday.

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Transcript

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0:00.0

Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:31.0

Hey, it's Guy here.

0:34.0

Today we've got another brand new episode from the How I Built This Summit in San Francisco that happened this past October.

0:41.0

And this one is from my live interview with Joe Gebbia, the co-founder of Airbnb.

0:46.0

Now, I first talked with Joe back in October of 2016 for one of our very first episodes.

0:52.0

And if you haven't heard about the wild roller coaster ride of starting Airbnb, you should definitely go back and give that episode a listen.

1:00.0

Because Joe and his co-founders, they really went through major changes and pivots and disappointments and failures before they hit on the idea that today, we all recognize as one of the most iconic travel brands in the world.

1:14.0

So when I sat down with Joe back in October, I wanted to spend time talking with him about why they never gave up.

1:22.0

Even when lots of people were saying that idea was never going to work.

1:28.0

Joe, Guy, it is...

1:35.0

It is absolutely amazing that 10 years ago, no one in this room, no one listening, no one in the world could have imagined that people would be slew away.

1:43.0

And that people would be sleeping at the homes of random strangers.

1:47.0

So, let's start with the idea.

1:50.0

The beginning is of Airbnb, go back to 2008.

1:53.0

Really, at this point, nobody wants to invest in this business.

1:57.0

If you remember the podcast, they emailed 20 investors, 10 replied, 5 agreed-ev coffee with them, none invested.

2:05.0

I mean, I'm not surprised that at the time people were telling you, this is a stupid idea and it's not going to work.

...

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