12 years ago today, Airbnb launched for the third time (apparently no one noticed the first two attempts says co-founder Brian Chesky ). The name Airbnb came from simple idea that they would rent out airbeds at night... ⁣ Shortly after moving to San Francisco in October 2007, roommates and former schoolmates Brian Chesky and Joe G. came up with the idea of putting an air mattress in their living room and turning it into a bed and breakfast. In February 2008, Nathan Blecharczyk , Chesky's former roommate, joined as the Chief Technology Officer and the third co-founder of the new venture, which they named AirBed & Breakfast. They put together a website that offered short-term living quarters, breakfast, and a business networking opportunity for those who were unable to book a hotel in the saturated market. The site Airbedandbreakfast.com officially launched on August 11, 2008. The founders had their first customers in town in the summer of 2008, during the Industrial Design Conference held by Industrial Designers Society of America, where travelers had a hard time finding available hotels in the city. ⁣ Airbnb is now worth $38 billion. …see more