The Rise of Airbnb: From Airbeds to Billions

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In a span of 11 years, Airbnb went from being a company that rents 3 mattresses to a company that counts 150 million users, arranges 2 million bookings per day, and whose value is estimated at $38 billion. To help you understand how Airbnb achieved such a huge success, we’re taking you back to 2008, when Airbnb provided the people with a clever way of earning extra money off of their homes as the housing market was crashing.
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📚 If you enjoyed this video about #Airbnb and want to learn even more, we recommend you read the book "The Airbnb Story: How Three Ordinary Guys Disrupted an Industry, Made Billions ...
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(Special thanks to our narrator, Toby Ricketts!)
#RealEstate #History

[@BusinessCasual]

⚠ 📣 *MAJOR ANNOUNCEMENT:* Business Casual is suing KZbin. We have just published a feature-length documentary about our case. It is being censored. If you are a fellow creator, you need to watch this. ➡ kzbin.info/www/bejne/anrEgJiMnL9grcU

[@HaCkEr6662k7]

Hmmm better then the last one. I prefer the more historical themed videos, but this was more in tone with the regular content.

[@koshanfn3322]

David Hacker do you know the name or the social media of the last owner?

[@GamingNinjaSheep]

No mention on the effects on hotels, as hinted in the title, but otherwise an interesting video.

[@ivantejeda]

🔥 I’m with you on this ! This was a great video!

[@xelefonte]

The Obama O’s and Capn McCain cereals saved them. Who would’ve guessed?

[@Rassy_]

Yeah they were incredible cereal entrepreneurs

[@naufalmegawanto298]

2:39, Is that you Felix?!

[@DJCproduction]

Ok so I had my complaints with the last video. Again I don’t have a problem with different narrators. but I do like the unique style this channel has had with presentation with information and editing style of the graphics. this is more inline with what I expect of the channel then the last video. Thank you for reading the comments and understanding we are here for the unique style and the information.

[@idontknowman420]

Waaaaaaaaaaasaayyyy better than the last one, it's great that you read our comments

[@BusinessCasual]

Der Dings Thank you! :)

[@cancelled_user]

And what was the problem?

[@platinumphonesandcomputers]

Until then stay smart

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@MrDan710]

Much better than the last one! really interesting about how it all started and throwing in some really interesting facts there and here. Only problem I have might be the title, some mention or explanation to try to answer the title of video should be in the video. Also I kinda wish to get some more in depths of the economics. We are maybe a small subgroup who wanna know more, but that would be what percentage cut of every transaction, other streams of revenue for the company and what actually make up the current valuation. Looking forward to the next video, keep it up!

[@demetriocooper3990]

Better than last time, Now lets focus on a more historical topic

[@victornderu143]

Going back to your roots. Fantastic Work.

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@AK-ce8lg]

Not a complain, but I miss "Until then stay smart."

[@marvinstenersen9868]

Fantastic video, really loving this one. Great Work!, especially with the narrator!

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@jaxjr121]

I'm very grateful for Airbnb. I'm surviving currently being homeless as a result of this service. Many nights I've slept in my car because of either lack of vacancy, costly hotel rates, etc but with Airbnb rates are much less costly and I could actually afford to spread my income (which ain't a lot!!) and afford some decent housing until getting on my financial feet again and establish my own place. Thanks guys!!

[@ivantejeda]

💡Great point ! Would you mind sharing more?

[@horsemangamer2106]

Waited a long time for your video

[@sor3999]

I agree with Graham. I would never share my home. But it seems this is a easy money maker if you're in dire straits just like with Uber.

[@Rassy_]

People are different, there will always be a target niche for any product/service... 30% will hate it, 30% will love it, 30% won't care at all

[@peanutbutterchocolatecake6182]

Think of how many people own beach houses/lake homes.

[@marcogh]

Wouldn’t a more appropriate title be “The rise of Airbnb” or something, it makes no mention of the decline of hotels

[@thejusjohnpanicker8219]

Great video brother..made us watch till the end

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@samsure2003]

well played, well played, By not saying what cheddar was (sponsor) i had to search it up to find out it was killing me!!!

[@bagondreamer]

AirBnB might be cheaper on average but if you take into account the added fees and the fact that sometimes it would be cheaper and more convenient to stay at a hotel, then I don't know if AirBnB really will be the death of hotels.

[@aaronlimitless]

Airbnbs fees are extremely low for a 50 dollar start at 4 dollars from Airbnb and say 7 in taxes still less then half a hotel price and there's millions of airbnbs check out the site the luxe section has homes nicer then any resort you'd stay in homes can go anywhere from 10 dollars a night to iv seen 20 thousand a night mansions on there

[@ivantejeda]

💡Great experience ! Would you mind sharing more?

[@NCSTalkid]

Actually back in my fresman years i had this kind of idea, but the diffrence is tourism and integrating touristm area with my secret formula. Shame i too focused on improving my gpa, and forgotten. Perhaps in 5-10 years later i can get it start

[@NCSTalkid]

My freshman was 2007

[@NCSTalkid]

Time when i own one feature phone, no internet and 100 bucks a month just books

[@doodelay]

these guys are extremely business savvy

[@deathlarsen7502]

This has nothing to do with meeting people it's ALL about MAKING MONEY

[@Rassy_]

By providing value & in a different way than what was there initially

[@HUSTLER-AT-HEART]

Amazing

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@RakeshVerma-vx4jj]

Wow these guys just started their business from their home and here I am thinking that you need professional servicing to start a business

[@wealthiness]

... I own many startups working from a garage... when you want to do something you'll find a way

[@RizzoDaManiac]

In 2008 it was easier to create a tech startup from your home. Now at a minimum you need a web developer, android/Java developer, and an iOS/swift developer. When before a decent website with a server could’ve gotten you up and running.

[@sersimovi]

Better. Not as good as before but better

[@kayleerinehart3904]

Ferris: 2:39

[@nawe325]

I’m convinced now after seeing three videos that Felix is in every video

[@yoonie4258]

im here for the fvcking reflection paper ✨ *I HATE IT HERE* ✨

[@bryancann8988]

Nice video but too short hoping for part2 BC

[@muhammadfachri5790]

Wht application you use 🤗

[@Lt_TuckPendleton]

3:09 Australia

[@Alex632]

😂😂😂 I didn't notice that at first.

[@jeronimom1593]

great content

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@kodykessler4218]

7:04 Ashton Cootcher 🤣🤣🤣

[@chrishowes9655]

How do you pronounce it? I'm English and TBF I've not watched his programmes, but I've never heard it pronounced any other way

[@kodykessler4218]

@@chrishowes9655 Like Butcher but replace with a K.

[@robertshuxley]

Joe Gebbia suddenly became good looking and grew a hairline just like Elon Musk after making his money

[@Floedekage]

It would have been nice if you also mentioned airBnB's negative impact in cities and the critique of the company too. In some cities the residents of buildings are evicted so the landlord can rent it out on airBnB instead, the few permanent residents around have no permanent neighbours and therefore some streets have no community and local businesses aren't able to keep afloat. Thus when using airBnB you really shouldn't do it because you think you'll get an "authentic" experience.

[@ivantejeda]

Hey 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@Floedekage]

@@ivantejeda I don't think you read what I wrote. I see far more negative consequences with airBnB than positive. Of course I'm not interested in "growing my airBnB business". Take your scam elsewhere.

[@LikaLaruku]

Airbnb ain't bad. I've also used VRBO & Homeaway/ But this year we used Airbnb. I booked an entire 2 story house 5 minutes walk from a beach for $100 less than a vacation condo or a dinky 1 bedroom hotel suite. Too bad I'll probably have to cancel because the town might still be on lockdown in June.

[@williamhild1793]

What happens if you rent your room to a customer and they poop in your sink?

[@ASLUHLUHCE]

Good video

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@altvctr]

AirBnB started off as a great idea - but out of all my friends I am yet to hear of a single outstanding experience. Most were mediocre at best. Hosts might be great, but their places not really or the other way around. Some of mine were downright terrible - I'm looking at you, London. At some point, the price difference from a hotel is not worth it anymore. Without proper & continuous vetting, it will lose traction. The rating system just doesn't work in this case.

[@alavimirza4072]

this is true for me as well.

[@mjlaramore]

Absolutely. I’m always disappointed.

[@ivantejeda]

💡Great experience ! Would you mind sharing more?

[@katyavasileva5342]

Ashton Koo-cha :D

[@ritvikjain]

it is improvement from previous video .

[@matthiasz11986]

Airbnb doesn't care about hosts or guests. The idea was great, but they get more and more greedy and hopefully they will fail with that strategy one day.

[@theoneaboveall6768]

matthiasz11986 the hate is real 🤣🤣😂 there is no perfect company it’s always about money Always

[@jbrunch8082]

Airbnb is causing major housing price increases all over the place. Corporations have started buying up houses, condos, etc. anywhere they can to turn them into strictly Airbnb hotels. They get to avoid many of the taxes and regulations of the hotel industry while raking in tons of cash. They are driving out local residents and turning countless authentic vacation destinations into corporate tourist carnivals.

[@aaronlimitless]

These claims are hyper inflated in San Francisco airbnbs main market there Airbnb listings to how many homes are in the area don't even come close to enough listings to have an impact on the home prices its all media minipulated and the real issue is landlords using there property's on Airbnb instead of rent or selling them which again its there places to do whatever I have 3 houses I could rent and make 5 grand a month renting to 3 tenants or I could invest a little more time and make almost 20 grand a month renting individual rooms on Airbnb in each home I have my homes as investments and I'm going with the plan that makes me the most money

[@aaronlimitless]

By the way I pay more in taxes state and federal percentage wise then these mega hotel corporations that get billions in write offs actually do some research instead of being a sheep and following mass media which is all owned by media corporations selling there versions of news

[@jbrunch8082]

First, I'm not talking about the average person with 1-2 Airbnb's. I'm talking about corporations forming who use huge amounts of capital to buy up homes, condos, apartment buildings, etc. with the sole purpose of using them for Airbnb's. It absolutely has increased the prices in vacation destinations all over the US. It's so bad in NYC that they have created laws specifically for Airbnb. They are currently looking to enact similar laws all over. I live in Charleston, SC

[@jbrunch8082]

They are cracking down on Airbnb all over the world. Also, you don't pay more taxes than hotel corporations. You also don't have to adhere 1/10th of the regulations that a hotel corporation has to adhere to. Maybe you should do a little research before throwing a temper tantrum. Moron...

[@aaronlimitless]

@@jbrunch8082 maybe you should us corporations pay very little in taxes ever heard of tax breaks and write offs how about you stay in your lane and not comment on things you don't understand

[@nawafkhalid1241]

can you do a video about Mont Blanc

[@infini.tesimo]

On title alone without watching, nope. The south-east dominates the world hotels, in Texas it's actually cheaper to get a quality hotel than AbB it.

[@KrutarthBhatt1]

Next upload a video on couchsurfing.

[@Frunze91]

Where is Felix??

[@Frunze91]

@@nexveridian omg...

[@coolbuddyshivam]

AirBnB destroyed rental homes.

[@ivantejeda]

💡Great point ! Would you mind sharing more?

[@this_time_imperfect]

Mr. Patel has been shafting us for decades, it’s about time the hotel industry got some competition.

[@ivantejeda]

💡Great idea ! Would you mind sharing more?

[@deformem6622]

Is it ironic that I'm sitting in an Airbnb while watching this video

[@spider-man817]

no not at all it'd be ironic if the video was about Airbnb's being a dying franchise

[@ivantejeda]

💡Great experience ! Would you mind sharing more?

[@vivekchhetri]

OYO Rooms is Airbnb competitor now!

[@arbaz79]

Why?

[@vivekchhetri]

@@arbaz79 it's taking their market share. A simple search in Google it KZbin will give you a clear picture.

[@manooxi327]

Lots of comments give gud opinion bout the benefits and most importantly, the damages this service brings, but instead if banning it from major cities, how about making regulations and laws to follow

[@roadrunner6224]

Well all cities already have regulated and designated houses for people outside of the city to stay overnight. Which dont impact the local housing market nearly as much as Airbnb, it's called hotels.

[@almafuertegmailcom]

Or, how about not being a fucking commie? let the market handle it, more regulations and laws are the last thing we need.

[@Floedekage]

@@almafuertegmailcom This is just embarrassing. Laws and regulations IS how a the market regulates itself. It's part of the democratic process that when the citizens of a country or a city finds a company is acting unjust they'll vote for a party that is pro regulations. This was a free basic introduction to free market democracy, I guess I'm a communist now.

[@almafuertegmailcom]

@@Floedekage You are indeed. "free market democracy", but you put your emphasis on democracy. Sounds surprisingly like a "dictatorship of the proletariat".

[@Floedekage]

@@almafuertegmailcom Yeah. It's almost as if a functioning society needs farms, industry and citizens to take jobs in those sectors. Unless you suggest that we should have an ecconomy solely based on experiences where everyone that isn't on the board of a company like airBnB is renting places to stay on airBnB whilst subletting their own homes on airBnB Or do you suggest a society where there's no government but people still value papermoney that have no backing in a central bank -- for some reason -- until all wealth and therefore power is placed in the hands of a few that ultimately will have no reason to not exploit people as much as possible? Sounds like it has been tried before to be honest.

[@GHJK-rq4tv]

They did not pay royalties for the cereal boxes?

[@akilassif2921]

That was amazing idea

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@makaiahconte]

thanks to Air BnB they created the youtube ad legend tai Lopez

[@iotaslair]

Felix at 2:39

[@manooxi327]

That's what I'm here for!

[@centpushups]

Aint gay if its cute.

[@topkek1194]

Good to know they're keeping that tradition

[@khansakib9167]

Hey @BusinessCasual make a video on "WeWork" .

[@ZoomerTrader]

Those credit swaps are printing

[@dushilibri8391]

Reading comments can be a total distraction

[@matkun4194]

Please make a video on Tommy Hilfiger and its controversy

[@JLneonhug]

Who are you?

[@roseairmusic8521]

Aston WHAT!

[@topkek1194]

Finally a return to form

[@neomashego]

Its been a minute

[@presidentfist2787]

Yeah...2020 wasnt a good year for airbnb after all lol

[@ricardojervaise8275]

TRIED IT AND IMMEDIATELY REGRETTED IT.

[@belka8618]

why?

[@davidlow7832]

Did you change the title

[@shyamrudrapati9379]

Do you know oyo rooms

[@saisrikargollamudi7892]

You should check about oyo rooms once

[@deathlarsen7502]

Celebrity investor give me a break. You mean his business managers

[@aleomessina]

What does everyone think about the new Airbnb IPO Stock???? 🤔🤔🤔

[@navneethballal9427]

And it all started with cereal boxes.

[@ohmymahone74]

I dont get how they were just able to take cereal and just redesign the box and sell it. Isnt that a form of plagerism?

[@RizzoDaManiac]

Not if they sell the box and the contents are free. But with a profit of only 30k what would be the benefit of a large corporation suing them anyway?

[@menaseven9093]

Airbnb is the Uber of hotels.

[@ivantejeda]

💡Great idea ! Would you mind sharing more?

[@tarsierontherun]

I hope Business Casual has an entirely different group of writers than Cheddar, because Cheddar's writers are sooooo bad.

[@steven-vj6lc]

no way this company makes a profit

[@mycroftholmes7222]

♦

[@arshdeepsharma5963]

I hate how when you get big you are prone to get public😡

[@RizzoDaManiac]

Arshdeep Sharma Well yea, eventually investors want to be able to take profits from their investment by selling shares.

[@lucaslegner4155]

No u are not gucamolr

[@milangangani9778]

Brother super content

[@ivantejeda]

🔥 I’m with you on this ! This was a great video! P.S. If you have any questions about starting & growing your Airbnb business lmk.

[@deathlarsen7502]

Break zoning laws and create makeshift hotels in residential areas

[@tropicalco2339]

Better than what all the big corporations are doing.

[@In-N-Out333]

I hate his clickbait titles. 'The Death of Hotels?' No, obviously not. Yet he puts that in the title anyways. He did the same thing with 'Xerox Thieves' when he talked about Bill Gates and Steve Jobs. It's so shameless.

[@TheRazrsharp16]

Koocher

[@lpdvines]

Airbnb the death of private condos more like. All the Chinese using Airbnb in my condo is bloody annoying.

[@jerrymartinez1208]

Where is your juul video??

[@zalsalmi]

Worst app ever still waiting for my refund to come now its been 2 months

[@bencns]

Obama’s last name is O’s

[@m32169]

No mention of the impact to normal people that have to live next door to someone that decides to rent their flat on airbnb

[@aaronlimitless]

I have multiple places (13 listings) and none of my neighbors have a problem with it you just need to be organized the owners of my home love me they don't have to worry about party's or rent or tenants ruining the property

[@bantawarai2038]

👍🏻👍🏻👍🏻👍🏻

[@MrWleklak]

Very interesting content. However American narration was way better. Does anyone agree?

[@Crushnaut]

You should have added more commentary on the issues that airbnb is facing and the societal problems it is introducing People running businesses in areas zoned residential is distrupting people's lives. A company that doesn't force it's listers to have proper business insurance leaves guests in the wind when issues arise. A lack of support to listers for issues with guests leaves them fucked when their home is trashed. 2008 didn't give individuals an opportunity to raise more income in trying times. Airbnb helped in one of the largest wealth redistributions in history as the rich purchased the poors homes at the bottom of the market. Airbnb has caused massive housing problems in global cities across the world as more and more properties are purchased for the sole purpose of being airbnbs instead of homes for people that live there. An entire generation of people are being priced out of the market. Then you title the video, airbnb, the death of hotels, and hardly even speak to how airbnbs business model actually threatens the hotels or how hotels are fighting back. Your analysis was shallow af. This video could have been so much better if anytime was spent researching the impacts airbnb has had on society. Instead you read the wiki page for airbnb to us, and added some stock images and animations.

[@Floedekage]

I'm just commenting here to help this comment get more exposure. 💜

[@NoobsofFredo]

Fully agreed. It's ludicrous how expensive the housing market has gotten. Although, I'm sure that residential developers are rejoicing.

[@InvestingEducation]

Drop a like for a blessed day tomorrow. Btw booking holdings has more alternative accommodations than airbnb

[@davidrosner6267]

Does anyone think the AirBnB IPO will be a good investment?

[@Floedekage]

No.

[@davidrosner6267]

@@Floedekage why not?

[@hithere1435]

I never heard of air b and b

[@kavky]

Aaaand it died with the rona.

[@Blobbert_Fish]

Good morning everyone! I do hope you guys are having a wonderful day. Please be safe and all of your endeavors and just have fun, be good to one another take care and God bless! Peace out everybody! 💚

[@navneethballal9427]

It's evening here in India.

[@Goodbrew84]

Is this video a paid ad?

[@jozefsubczak8872]

Bankiero invest Gut in USA In Super Stadi The BA M& Per Gut Servrs Woll Stret Jurnal Al Jazeera England Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines Foxbusines In,- mojo,-Com T,- Series service Game Hanger, Air BNB Theranos Silikon ValeusGratest Diaster Bulding Monopoly BlC TheCompany Net Fix Being Aviaton; Per FBI Tutto Offis Nex One Milion Dolars now Per Dritsare Sempre Pronto Per Gut Funkcionet tutte Gente & Tutto Offis Guvernment ,USA Ok🎠Coud Joe Biden

[@Zweihander11]

Ok, you may hate me but I'm going to state this clearly: whenever you edit your video with an 'epic' score to make it more 'engaging' and 'viral'... I just simply lose all interest Respect where is due though: Nice topic!

[@salman_3833]

elaborate on your 'quotes'

[@Zweihander11]

@@salman_3833 'will' 'do' 'sir' 'please' 'accept' 'my' 'apologies'