The Problem
Price is an important concern for the customers.
Hotels leave you disconnected from the city and its culture.
No easy way exists to book a room with a local or become a host.
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The Solution
Share Culture
Local connection to the city
Save Money
When traveling
Make Money
When hosting
A web platform where users can rent out their space to host travelers to:
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Market Validation
Temporary house listings on SF &
NYC Craigslist from 07/09 – 07/16
On temporary housing site
couchsurfing.com
630,000 17,000
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Market Size
Trips Booked (Worldwide)
+1,9Bi +532M
Budget & Online Trips
+10.6M
Trips W/ Airbnb
Total Available Market Serviceable Available
Market
Market Share
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Product
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Search by city
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Book it
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Business Model
$20
Average Fee
+10.6M
Trips W/ Airbnb
$70/night @ 3 nights
Market Share
We take a 10% commission on each transaction
$200M
Revenue
2008-2011