Airbnb, Inc. is an American San Francisco-based company operating an online marketplace for short- and long-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia.
Airbnb is owned by groups of shareholders. Brian Chesky, who is the co-founder and CEO of Airbnb, is the most influential shareholder of the company. The other co-cofounders of the company are Joseph Gebbia and Nathan Blecharczyk. Vanguard Group, Inc.
The founders of Airbnb are Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. They founded the company in 2008, with the idea of creating a platform that would allow travelers to find affordable and unique accommodations around the world.
Airbnb is primarily owned by its co-founders: Brian Chesky, with 76,407,686 Class B shares, which gives him 29.1% of ownership; Nathan Blecharczyk, with 232,306 Class A and 64,646,713 Class B, which give him 25.3%, and Joe Gebbia, which has 5,113,865 Class A and 58,023,452 Class B, which give him 22.9% ownership.
Brian Chesky is the co-founder and Chief Executive Officer of Airbnb and sets the vision and strategy for the company.
This initiative provided critical support to countless hosts, demonstrating Chesky's unwavering commitment to the well-being of the Airbnb community. Outstanding accomplishments made by Brian Chesky during his time as Airbnb's co-founder and CEO have helped the business reach new heights.
“What's your fun fact?” A question right out of a high schooler's slambook was how it all began for Airbnb co-founder and CEO Brian Chesky (35) and his now four-year strong Indian American girlfriend, Elissa Patel (26).
Back in 2011, Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos invested in Airbnb Inc's (NASDAQ: ABNB) Series B through his personal venture-capital firm, Bezos Expeditions.
Airbnb on Tuesday reported its first annual profit, with revenue surging in the final three months of 2022 as travel bookings rebounded. The home-rental platform said it made a profit of $319 million in the final quarter of last year on revenue of nearly $2 billion.
Average Annual Host Revenue by Review Count: 2021/2020
Airbnb listings with 51-100 reviews on average earned $21,569 in the US in 2021, while listings with more than 100 reviews on average earned even more: $23,862. Properties with zero or few reviews tend to generate less revenue for their hosts.
Looking at our data, we can see that the largest shareholder is the CEO Brian Chesky with 11% of shares outstanding. Nathan Blecharczyk is the second largest shareholder owning 9.2% of common stock, and Joseph Gebbia holds about 8.2% of the company stock.
Airbnb stands for "Airbed and Breakfast," a name that reflects the company's origins when its co-founders invited paying guests to sleep on an air mattress in their living room to help cover the rent.
Airbnb makes money by charging both hosts and guests for using its platform, customer support, and payment processing. Airbnb recognizes revenue at the time of check-in to account for the cancellations. Airbnb charges guests as a percentage of the value of the booking.
Airbnb is the last remaining big U.S. internet company in China. Airbnb, based in San Francisco, will continue to operate a business serving Chinese tourists who were traveling outside of China, the person with knowledge of the situation said.
Airbnb's CEO is Brian Chesky, appointed in Jan 2008, he has a tenure of 15.5 years. His total yearly compensation is $311.23K , comprised of 0% salary and 100% bonuses, including company stock and options. He directly owns 11.32% of the company's shares, worth $10.59B.
to tourism in the ACT
Airbnb has grown rapidly in Australia since its launch in 2012, with its innovative market offering allowing ordinary people to host tourists from around the world. According to Airbnb, over 80 per cent of Airbnb hosts across Australia share the homes in which they live.
Yes, owning an Airbnb is certainly profitable in Australia! But how much can an Airbnb host make in Australia? According to Airbtics' data, an Airbnb host in the country can expect a 53% occupancy rate and earn an average monthly revenue of A$5,240.
There are numerous benefits to becoming a host, but it's important to remember that it takes time and money to do it correctly. The hosts who have an entrepreneurial mindset and treat their rental like a business often make the most money and become millionaires.
Bottom line. Buying an Airbnb property can be lucrative, but there are some things to consider before investing. For starters, be sure to research the laws and regulations about short-term rentals in your area, as some cities restrict or even prohibit them.
Kutcher went on to co-found the Venture Capital firm A-Grade Investments (with investment partner Guy Oseary) in 2010. Over the course of 6 years, the $30 million fund turned into $250 million through investments in companies like Uber, Skype, Airbnb, and Spotify.
The company also has a multitude of well-known and lesser-known subsidiaries including IMDB, Whole Foods Market, and Twitch. Jeff Bezos owns The Washington Post and through Bezos Expeditions, has significant stakes in companies such as Google, Uber, and Airbnb.
The biggest individual beneficiary: Brian Chesky, Airbnb's CEO and cofounder, who owns about 11% of the company's stock, according to a Securities and Exchange Commission filing.
Twenty-year-old Inayah McMillan has fully tapped in, raking in over six figures in revenue in 2022 as an Airbnb host. According to Insider, McMillan makes her money from 11 properties she doesn't own. The 20-year-old rents her properties and then lists them on Airbnb's platform.
Though they didn't know it at the time, these three guests (Michael, Kat and Amol) would become the first members of the Airbnb global community of guests and hosts now spanning over 191 countries and 81,000 cities worldwide.
Amol Surve – Airbnb's first ever guest pens down his experience with co-founders Brian Chesky and Joe Gebbia, when they hosted him at their Rausch Lane apartment in San Francisco, CA. Back in 2007, when Amol was attending a design conference in San Francisco, he booked a place to stay through Airbed & Breakfast.