When Joe Gebbia started renting out his spare bed to travelers, he had no idea he had stumbled onto something huge. As he and his other co-founders built a site to help manage this ‘bed and breakfast’ for others, they found that they were growing quite quickly and needed a way to fund it. Enter the breakfast cereal: Obama O’s. Though that helped somewhat, they found that it was only a temporary solution and that they would need a way to deal with their growth.
A friend told them about this program in San Francisco and the founders went to Y Combinator to get funding, mentoring and advice from legendary VC Paul Graham. Paul’s advice helped make AirBnB a billion dollar company today.
What was his advice? How did Obama O’s help them on their way to being a billion dollar company? In this episode of The Dip, Shawn and Wang discuss this and what percentage of a company’s success is hustle?
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@Shawnkanungo and @Wangyip