AI Snips
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Early Investor Rejection
- Investors initially rejected Airbnb, deeming the idea of strangers staying in each other's homes too risky.
- One investor even suggested focusing on church groups but ultimately passed due to perceived market limitations.
Trust Your Gut
- Don't solely rely on spreadsheets; trust your instincts, especially if you have firsthand experience with the idea's value.
- Consider visceral reactions, both positive and negative, as indicators of potential.
The Book Project
- Joe Gebbia recounts his experience collecting discarded blank books from his workplace at Chronicle Books.
- He repurposed them, created a brand, and sold them, demonstrating his entrepreneurial drive even before Airbnb.