In 2009, the new startup received $7 million in venture funding, and the website was shortened to.

Soon after, the website gained a lot of attention as other homeowners became able to use it for advertising their Airbnb-style rentals. The website allowed them to advertise their rental room, manage its bookings, and handle the payments.

This is the part of the story where the word Airbnb transitions into becoming a company.Īfter renting out the room for $80 per night, the two entrepreneurs built the first iteration of the website, which at that point was. Learn More: What Is Airbnb? 6 Things to Know Before You Start Hosting So, the next time someone asks you “what does Airbnb stand for?”, you can tell them this cool story. The term “Airbnb” was invented in 2007 by Joe Gebbia and Brian Chesky, the founders of the company Airbnb.ĭuring that year, when the two men were living in a San Francisco apartment, they had the idea to rent out a lounge room in their apartment to designers visiting the city to attend the International Design Conference.Īt that time, all they could offer to their guests was a simple lounge room with a couple of air beds to sleep on and breakfast in the morning.Īnd that is how they came up with the term Airbnb. However, to understand the Airbnb meaning, you need to know how the term came to be. The short answer is that it stands for Air Bed and Breakfast. So, to answer the first question: what does Airbnb stand for?

So, in this article, I’m going to answer the question “what does Airbnb stand for” by explaining the origins of the term and how it evolved to become the name of one of the largest tech companies in the real estate industry. This is because the meaning of the term Airbnb and what it stands for today are two different things. Bottom Line – What Does Airbnb Stand For?īut people often get confused by the term, and that confusion is understandable.Mashvisor – Best Airbnb Investment Tool.

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