Timeline of Airbnb
This is a timeline of Airbnb, a company that brokers private lodging rentals through its website. 2007 October Idea creation Brian Chesky and Joe Gebbia create the initial concept for AirBed & Breakfast during the Industrial Design Conference held by Industrial Designers Society of America. Chesky and Gebbia themselves use Airbnb to help meet the rent for their loft in San Francisco. 2008 February Team Harvard University graduate and technical architect Nathan Blecharczyk joins as the third co-founder of AirBed & Breakfast. The original site offers short-term living quarters, breakfast and a unique business networking opportunity for attendees who were unable to book a hotel in the saturated market.
Retrieved February 21, 2017. But Airbnb on Friday agreed that it would drop the suit as long as New York City enforces the new law only against hosts and does not fine Airbnb. Wang, Amy B.; Wang, Amy B. (2017-01-29). “Airbnb offers free housing to refugees and others in limbo after Trump’s executive order”. Zaleski, Olivia; De Vynck, Gerrit (February 16, 2017). “Airbnb Acquires Luxury Retreats, Beating Out Expedia, Accor”. Lunden, Ingrid (February 9, 2017). “Airbnb is buying Luxury Retreats for around $200M”. The settlement takes effect on Monday.
Valuations for the sale are rumored at around $13 billion. 2014 November 3 Financial/legal Vacation rental company HomeAway sues San Francisco for the Airbnb Law. 2014 November 20 Product Airbnb expands its liability insurance program for hosts and landlords. 2014 October 27 Financial/legal San Francisco Mayor Ed Lee signs a law making short-term rentals legal in San Francisco, thereby legalizing Airbnb. Whereas the initial liability insurance (Go At this site) program was limited to property damage due to the guest, the new program $1 million worth of protection in the case a guest is accidentally injured anywhere in a host’s building or on their property during their stay. The law gets the moniker of “Airbnb law” because Airbnb is the most affected company.
Lunden, Ingrid (April 18, 2014). “Airbnb Has Closed Its $500M Round Of Funding At A $10B Valuation, Led By TPG”. Baldwin, Roberto. July 16th 2014. Thenextweb. Weber, Harrison (August 1, 2014). “Airbnb officially closes its $475 million megaround”. Snyder, Benjamin (August 1, 2014). “Airbnb closes $475 million funding round”. Mathew, Troy. July 16th 2014. Survata. Lawler, Ryan (July 28, 2014). “It’s Business Time: Airbnb Targets Work Travelers With Concur Partnership”. Brody, Ben. July 17th 2014. CNN Money.
