andreessen horowitz
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Joe Gebbia (Airbnb): how to deal with investors
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Description
Joe Gebbia checked in on his own website to pay Amsterdam a visit. His place of residence: a houseboat in one of the typical canals. The Dutch business magazine Sprout hopped on board to talk about his venture. Airbnb has been able to get over 100 million dollars in funding. Greylock partner (Reid Hoffman), Sequoia Capital (Google, Youtube, PayPal), Andreessen Horowitz (Marc Andreesen), DST Global, General Catalyst, and A-Grade Investments (Ashton Kutcher), are among those investors. How do you safeguard your interests as a startup? Based upon his own experience, the Silicon Valley entrepreneur gives two tips in this video. You always have to be passionate about your product. Being a 'student' of Paul Graham (Y Combinator), he learned that you should make a product that people want. His second tip: when approaching an investor, make your have already build up some initial traction. Never pitch a plan if you haven't got a customer yet.
