Business

Follow Airbnb's journey from scrappy startup to $10B company (video)

A room listed on Airbnb.

Above: A room listed on Airbnb.

Image Credit: Nicholas Wang/Flickr
If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.

After Airbnb raised its latest funding megaround, the company attained a massive $10 billion valuation. But the home-sharing startup faced plenty of obstacles on its path to success, as a new video and infographic from Funders and Founders remind us.

Airbnb still has plenty of challenges ahead of it, too, which the video fails to mention. It faces regulatory hurdles in a number of places, including New York City, where it remains illegal to rent out a property for less than 29 days — a law the hotel lobby is keen to keep on the books. New data also highlights Airbnb’s high host turnover, which is surely a worrying stat for the company and its investors.

Of course, Airbnb has plenty of money and moxie to tackle those hurdles as it races toward an initial public offering.

Airbnb infographic