Sachit GuptaFounder, CreatorsMBA.com · Founder at CreatorsMBA.com

How AirBnb almost died? #shorts

15 Aug 2022 · 0 min

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Airbnb's founders nearly ran out of money, so they created and sold novelty cereal called Obama O's at the Democratic National Convention. The cereal sale raised the capital they needed to survive.

The Airbnb lesson is the best lesson ever, right? They're the ones who went out and they packaged cereal in a box and sold it as Obama O's at the Democratic National Convention. That's literally why we have Airbnb today, because those guys were out of money and they came up with a solution to sell cereal. So they had a problem that could be solved with money. They figured out how to solve it. They got the money. And it's literally why Airbnb exists today.