Transcript: Joe Gebbia on How Airbnb Designs for Trust at TED Talk

Joe Gebbia, the co-founder of Airbnb, presents How Airbnb Designs for Trust at TED Talk conference (Transcript)

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Joe Gebbia – CPO & Co-Founder, Airbnb

I want to tell you the story about the time I almost got kidnapped in the trunk of a red Mazda Miata. It’s the day after graduating from design school and I’m having a yard sale. And this guy pulls up in this red Mazda and he starts looking through my stuff. And he buys a piece of art that I made. And it turns out he’s alone in town for the night, driving cross-country on a road trip before he goes into the Peace Corps. So I invite him out for a beer and he tells me all about his passion for making a difference in the world.

Now it’s starting to get late, and I’m getting pretty tired. As I motion for the tab, I make the mistake of asking him, “So where are you staying tonight?”

And he makes it worse by saying, “Actually, I don’t have a place.”

And I’m thinking, “Oh, man!” What do you do? We’ve all been there, right? Do I offer to host this guy? But, I just met him — I mean, he says he’s going to the Peace Corps, but I don’t really know if he’s going to the Peace Corps and I don’t want to end up kidnapped in the trunk of a Miata. That’s a small trunk.

So then I hear myself saying, “Hey, I’ve got an airbed you can stay on in my living room.” And the voice in my head goes, “Wait, what?”

That night, I’m laying in bed, I’m staring at the ceiling and thinking, “Oh my god, what have I done? There’s a complete stranger sleeping in my living room. What if he’s psychotic?”  My anxiety grows so much, I leap out of bed, I sneak on my tiptoes to the door, and I lock the bedroom door.

It turns out he was not psychotic. We’ve kept in touch ever since. And the piece of art he bought at the yard sale is hanging in his classroom; he’s a teacher now.

This was my first hosting experience, and it completely changed my perspective. Maybe the people that my childhood taught me to label as strangers were actually friends waiting to be discovered. The idea of hosting people on airbeds gradually became natural to me and when I moved to San Francisco, I brought the airbed with me.

So now it’s two years later. I’m unemployed, I’m almost broke, my roommate moves out, and then the rent goes up. And then I learn there’s a design conference coming to town, and all the hotels are sold out. And I’ve always believed that turning fear into fun is the gift of creativity.

So here’s what I pitch my best friend and my new roommate Brian Chesky: “Brian, thought of a way to make a few bucks — turning our place into ‘designers bed and breakfast,’ offering young designers who come to town a place to crash, complete with wireless Internet, a small desk space, sleeping mat, and breakfast each morning. Ha!”

We built a basic website and AirBed and Breakfast was born. Three lucky guests got to stay on a 20-dollar airbed on the hardwood floor. But they loved it, and so did we. I swear, the ham and Swiss cheese omelets we made tasted totally different because we made them for our guests. We took them on adventures around the city, and when we said goodbye to the last guest, the door latch clicked, Brian and I just stared at each other. Did we just discover it was possible to make friends while also making rent?

The wheels had started to turn. My old roommate, Nate Blecharczyk, joined as engineering co-founder. And we buckled down to see if we could turn this into a business.

Here’s what we pitched investors: “We want to build a website where people publicly post pictures of their most intimate spaces, their bedrooms, the bathrooms — the kinds of rooms you usually keep closed when people come over. And then, over the Internet, they’re going to invite complete strangers to come sleep in their homes. It’s going to be huge!”

We sat back, and we waited for the rocket ship to blast off. It did not. No one in their right minds would invest in a service that allows strangers to sleep in people’s homes. Why? Because we’ve all been taught as kids, strangers equal danger.

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