Women Use Money from Airbnb to Fund Their Own Companies

This article discusses “how Airbnb empowers women entrepreneurs.” The article states that “since 2008, women have earned $10 billion by hosting. Female hosts in the U.S. earn an average of $6,600 per year.” These figures are staggering.

Simply being an Airbnb host, however, does not make one an entrepreneur (although, arguably, there is some overlap between the two, such as flexibility and ability to control one’s own schedule).

The most fascinating part of these figures, however, is that “fifty thousand women reported that they used this money to fund businesses or invest in entrepreneurial pursuits, to essentially become entrepreneurs.” Through participation in a fairly unconventional company, then, women can, in-turn, fund their own entrepreneurial endeavors. I would be interested in seeing what percentage of men use their revenue earned as Airbnb hosts to further their own companies.

Finally, adding another layer to the article, Brian Chesky, Airbnb’s co-founder and CEO, also offers insight into Travis Kalanick’s ability to lead Uber in light of controversies that have been discussed in multiple blogs.

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