We celebrate our failures along with our successes, because it brings us one step closer to a solution. We are collectively a group of unique individuals who love what we do, who stand behind what we do and who are constantly, passionately, learning more to better what we do. We would rather inspire, empower and nurture others to be authentic and pursue their dreams, rather than control them. This philosophy has created a unique, balanced atmosphere at trivago, which we believe is as organic as it is refreshing.
To help fund the site, the founders created special edition breakfast cereals, with presidential candidates Barack Obama and John McCain as the inspiration for "Obama O's" and "Cap'n McCains". In two months, 800 boxes of cereal were sold at $40 each, which generated more than $30,000 for the company's incubation. It also got the company noticed by computer programmer Paul Graham, who invited the founders to the January 2009 winter training session of his startup incubator, Y Combinator, which provided them with training and $20,000 in funding in exchange for a small interest in the company. With the website already built, they used the $20,000 Y-Combinator investment to fly to New York City to meet users and promote the site. They returned to San Francisco with a profitable business model to present to West Coast investors. By March 2009, the site had 10,000 users and 2,500 listings.
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Allemansrätten – or the freedom to roam – is a principle protected by Swedish law that gives all people the right to be free in Swedish nature. In other words, Swedish nature isn’t just a piece of land with trees and lakes and cliffs – it’s a home with all the necessities and amenities that any great home should have. It’s a place where you can eat berries from the ground, sleep under the stars, swim in the lakes and roam freely. To make this home available for everyone, Sweden has listed the entire country on Airbnb.
Airbnb is an American home rental platform based in San Francisco that lets people list, find, and rent short-term lodging in 65,000 cities and more than 191 countries across the globe. Founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, it has done more than any other company to change the way people find places to stay away from home. In recent years, Airbnb has evolved its peer-to-peer model to give hosts the tech tools they need to run a seamless, sophisticated operation. More than 40% of Airbnb listings are now available via Instant Book, allowing guests to make reservations much as they would a hotel booking, and a new check-in tool automatically feeds arrival instructions to them via the app. The company has also expanded into Business Travel Ready listings, which offer travelers a designated work space, guaranteed Wi-Fi, and more. Now valued at $31 billion, the company is also helping travelers explore the world outside their rentals. In 2016, Airbnb launched Trips, a service that lures travelers out of their rentals for local tours and adventures in 20 countries and 30 cities around the globe. And in an effort to address humanitarian issues, Airbnb launched an Open Homes program in 2017 that allows hosts to offer housing to refugees, displaced travelers, and those seeking shelter after disasters.
One year later, there were 15 people working from Chesky and Gebbia's loft apartment on Rausch Street in San Francisco. To make room for employees, Brian Chesky gave up his bedroom and lived at lodging booked via the Airbnb service until the company moved into its first office space. In April 2009, the company received $600,000 in seed money from Sequoia Capital and, in November 2010, raised $7.2 million in financing from Greylock Partners and, again, from Sequoia Capital, in a Series A round, then announcing that out of 700,000 nights booked, 80% had occurred in the previous six months.