How I Built This with Guy Raz

Airbnb's Joe Gebbia At The HIBT Summit

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Dec 6, 2018
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ANECDOTE

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.
ADVICE

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.
ANECDOTE

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.
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