The Airbnb story is one of persistence, determination, fear and most of all, hustle. Once upon a time, Brian Chesky and Joe Gebbia just moved from New York to San Francisco. Without employment, they were having trouble paying their rent and were looking for a way to earn some extra cash. They noticed that all hotel rooms in the city were booked.

Soon after, Harvard graduate and technical architect Nathan Blecharczyk joined the original two guys as the third co-founder. They bought a few airbeds and quickly put up a site called “Air Bed and Breakfast.” The idea was to offer visitors a place to sleep and breakfast in the morning. They charged $80 each a night.

The idea succeeded and the first Airbnb guests were born: a 30-year-old Indian man, a 35-year-old woman from Boston and a 45-year-old father of four from Utah sleeping on their floor.

I’ll let Nathan Blecharczyk Co-founder of Airbnb – tell you the rest of the story:

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