TIP503: The Story of Airbnb and Brian Chesky

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 13 December 2022

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 04:38 - How Airbnb originally started and its keys to becoming a $60 billion company. 07:13 - Why getting into Y-Combinator was the critical turning point for Airbnb to get off the ground. 11:40 - How their transition to selling specialty breakfast food helped keep them from going bankrupt. 21:13 - Growth hacks Nate Blecharczyk used to help grow the company in the early days. 29:12 - Airbnb’s biggest hurdles and challenges to becoming a big tech player. 30:39 - Advantages Airbnb has over hotels in the hospitality industry. 33:55 - How Chesky ensured Airbnb would become a stronger business through the pandemic despite losing 80% of their business practically overnight. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune into the recent We Study Billionaire’s episode covering the Hedging Inflation. Learn about Ray Dalio's Book - Big Debt Crises. Leigh Gallagher’s book: The Airbnb Story. Robert Leonard’s interview with Travis Zappia on Airbnb Short-Term Rental Investing. Tune into Clay Finck chatting with Rihard Jarc about Airbnb’s stock at the end of this episode. Follow Clay on Twitter. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover TastyTrade The Bitcoin Way Vacasa Found Onramp Fundrise American Express SimpleMining Facet AT&T USPS Shopify Fundrise Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to TI-P.
0:03.0	Welcome to the Investors Podcast.
0:05.0	I'm your host, Clay Fink, and I must say that the listeners are in for a treat today,
0:09.8	as I will be uncovering the story of Airbnb and how CEO Brian Chesky built the company
0:15.5	from his apartment in 2008 to servicing over 1 billion stays on his online platform.
0:22.4	Much of this episode was sourced from Lee Gallagher's amazing book, The Airbnb Story.
0:27.6	I must say that I really enjoyed reading through her book and grateful she wrote such an amazing
0:32.3	piece.
0:33.3	Brian Chesky is one of the most iconic billionaires I have ever studied, and I really admire
0:38.1	his creativity, his passion, his desire to be a continuous learner, how much he cares
0:43.4	about his company, employees, hosts, and guests that benefit from the Airbnb platform,
0:48.5	and how he has disrupted the hospitality industry.
0:51.4	With that, I hope you enjoyed today's episode uncovering the story of Brian Chesky
0:56.0	in Airbnb.
0:58.0	You are listening to the Investors Podcast, where we study the financial markets and read
1:06.2	the books that influence self-made billionaires the most.
1:09.3	We keep you informed and prepared for the unexpected.
1:21.6	So let's get started from the very beginning.
1:24.6	Brian Chesky is one of the founders of Airbnb, and today is the CEO of the company, and
1:30.8	he is just totally different from your traditional Silicon Valley tech entrepreneur, because he
1:36.8	is an artist and creator at heart, and non-engineer or a computer geek like many other tech CEOs.
1:44.8	This reminds me a little bit of Steve Jobs, his persona of caring much more about the design
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.