In which city was Airbnb founded in 2008?
San Francisco
How does Airbnb earn revenue?
By charging service or transaction fees
What type of stay did Airbnb promote during the pandemic?
Long-term or local stays
Entrepreneurs are known for taking what?
Risk
What is the written document that outlines a business idea and plan?
Business plan
What subject did the two Airbnb founders study?
Design
What concept describes Airbnb’s model of connecting hosts and guests?
The sharing economy
What major legal issue does Airbnb face in many cities?
Regulation of short-term rentals
What quality helps entrepreneurs recover quickly from failure?
Resilience
What is often the most important early resource for startups?
Funding or capital
What was Airbnb’s original name before rebranding?
AirBed & Breakfast
What kind of experience does Airbnb emphasize for travelers?
Local and authentic experiences
What feature did Airbnb launch to rebuild trust and flexibility for guests?
Flexible cancellation policy
Entrepreneurs often identify a problem and create what to solve it?
An innovative solution
What do we call an advantage competitors (競爭優勢) cannot easily copy?
Competitive advantage
During what type of event did the founders first rent out air mattresses?
A design conference
Which traditional industry did Airbnb disrupt?
The hotel industry
Airbnb’s 2020 IPO was a major success in which industry?
The travel tech or hospitality industry
What does a business model describe?
How a company creates, delivers, and captures value
Successful entrepreneurs begin by identifying what from customers?
Unmet needs or pain points
Which startup accelerator provided Airbnb’s first major funding?
Y Combinator
Name the two sides of Airbnb’s marketplace.
Hosts and guests
Complete Airbnb’s slogan: “Belong _____.”
Anywhere
In entrepreneurship, what does “pivot” mean?
Changing strategy based on feedback or failure
What key customer problem did Airbnb originally solve?
Finding affordable accommodation with local experiences