Airbnb CEO Brian Chesky on early rejection, customer focus & AI’s future in hospitality | E1735
This Week in Startups
Rejection - investors
Investors rejected the funding proposal of raising $150,000 at a $1.5 million valuation for a 10% stake in the business. Reasons for rejection included lack of interest in the travel industry, negative feedback on the idea, and criticism on both the founder and the business concept. Some investors specifically mentioned they liked everything except the founder and the idea, which led to reevaluation of the business components for potential improvements.
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