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Airbnb
Acquired
Then They're in the Financial Crisis, Right?
i think this is actually true, we'll talk about arbembe's business model in a minute. By things are going so well, they have more money in the bank than all of the seed dollars that they raised when they raised the series a. O ow, like you ili, you never hear about this happening. They raised such a small amount of money, but then they did so well that they made more money. An rot a profitable company airby and b. A by early twenty eleventh, the next year, they hit a million nights book d. And this is when fred wilson publishes that blog post about how it was a huge mistake to pass on
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