Airbnb: From Pitch Deck to IPO

Airbnb’s IPO is coming in the season of a pandemic. The success of Airbnb is a story like:

Customers: I don’t want to sleep on a stranger’s bed!!

Brian: Yes, you do.

In Airbnb’s pitch deck for seed funding, the business model on page 1 says: “Book rooms with locals, rather than hotels.”