Subject: AirBnB seed - book rooms with locals
Copy:
I am investing $200K in Airbnb’s pre-seed round.
Product: A web platform where users can rent out their space and host travellers. Save money when travelling, Make money when hosting.
Founder: Brian Chesky, Joe Gebbia and Nathan Blecharczyk. They came up with the idea while trying to make extra money. During a conference, all local hotels were fully booked. They decided to rent out air mattresses in their apartment.
Traction: $400 per week
Market: 1.9B+ trips booked yearly
Valuation: raising $600K at $20M post
Happy to make an intro to the founders.