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Joe Gebbia

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Joe Gebbia
Joe Gebbia in 2021
Born
Joseph Gebbia Jr.

(1981-08-21) August 21, 1981 (age 43)
Atlanta, Georgia, U.S.
EducationRhode Island School of Design
Occupation(s)Designer, entrepreneur
Known forCo-founder of Airbnb
Board member ofRhode Island School of Design, Airbnb, United Nations High Commissioner for Refugees, Tesla, Inc., Samara
WebsitePersonal site

Joseph Gebbia Jr. (born August 21, 1981) is an American billionaire designer and Internet entrepreneur. He is a co-founder of Airbnb,[1] and is chairman of Samara, Airbnb's design studio, and of Airbnb.org, the company's non-profit foundation.[2] As of July 2022, his net worth was estimated at US$7.4 billion.[3]

Early life

Joe Gebbia was born August 21, 1981, in Atlanta, Georgia,[4][5] the son of Eileen and Joe Gebbia of Italian ancestors.[6] He grew up in Lawrenceville, Georgia and has one sister, Kimberly.[6] He pursued sports, music, and art throughout childhood, and worked several jobs including as a ball boy for the Atlanta Hawks.[7]

Education

Gebbia attended Brookwood High School in Snellville, Gwinnett County, Georgia. He graduated in 2005 from the Rhode Island School of Design (RISD) in Providence, Rhode Island, where he received a Bachelor of Fine Arts degree in Graphic Design and Industrial Design.[8][9] At RISD, he met Brian Chesky, who would later become his roommate and co-founder of Airbnb. Gebbia complemented took business-related classes at Brown University and Massachusetts Institute of Technology (MIT) while attending RISD.[10]

Career

After graduating from RISD, Gebbia moved to San Francisco.[11] He convinced his friend and future cofounder, Brian Chesky, to join him in San Francisco to start a company together in 2007.[12] Both quit their jobs to start something together. That same week, their landlord raised rent by 20%, to an amount they could not afford.[13] They knew the Industrial Design Society of America conference was coming to San Francisco and many hotels were already fully booked.[14] Gebbia believed they could rent out airbeds in their apartment to conference-goers. They marketed the beds by creating a website called "AirBed & Breakfast” and emailed design blogs to garner interest. They received three bookings and were able to pay their rent to stay in the apartment.[13] In 2008, another of Gebbia's roommates, Harvard graduate and technical architect Nathan Blecharczyk, became the third co-founder.[15]

While struggling to find initial angel investors for Airbnb, Chesky and Gebbia came up with an idea to earn money for the company. They created two Airbnb-branded cereals, Obama O’s and Cap’n McCain’s, to sell online during the 2008 election.[16] They found a small manufacturer in Berkeley who agreed to fabricate 1,000 cartons in exchange for a cut of the royalties. The team bought generic Cheerios and Chex, and placed the cereal into their boxes. The boxes, which cost $40 each, received coverage from CNN and Good Morning America; Katy Perry auctioned off an autographed box to her fans.[17][18] The promotion netted Airbnb $30,000, enough to keep the company afloat until Paul Graham and Y Combinator decided to invest.[18][19]

Gebbia helped early Airbnb hosts accurately present their listings.[20] Early on, Airbnb was not getting much traction in New York.[21] The team flew out and booked rooms with two-dozen hosts to learn why.[21] They learned users were taking low-quality photos that did not represent the listings, so they took high-resolution photos of host apartments. As a result, bookings soared.[21]

In March 2009, the name of the company was shortened to Airbnb.com, and the site's content had expanded from air beds and shared spaces to properties including entire homes, apartments, and private rooms.[22]

In May 2017, Gebbia launched a modular office furniture business called Neighborhood. The furniture was created for Bernhardt Design, a furniture company that has worked with emerging designers.[23]

On December 10, 2020, Airbnb became a public company via an initial public offering, raising $3.5 billion.[24] As of November 2021, Gebbia’s net worth was estimated at $11.4 billion.[25]

He holds board and advisor roles as a member of the board of directors at Airbnb,[26] and is a member of the board of trustees at Rhode Island School of Design.[27] He was appointed by Tesla, Inc to its board of directors in September 2022.[28][29]

Gebbia is a Mr. Porter Style Council member.[30] He has spoken about his passions for entrepreneurship and impact at the Clinton Global Initiative.[31]

Design

Gebbia has had a longstanding passion for aesthetic and design. He credits his childhood and parents for supporting his well-rounded childhood pursuing art, athletics, and music.[32] Gebbia was known as the “art guy” in grade school when he started his first business selling illustrations of Teenage Mutant Ninja Turtles to his classmates.[32][33]

In high school, Gebbia took classes including ceramics, photography, and jewelry metal smithing. He also took classes in figure drawing and painting at the Atlanta College of Art on weekends.[34] During high school, he also gained acceptance to the Governor’s Honor’s Program, where he spent a summer taking college-level art courses.[35] There, one of his professors encouraged him to go to RISD, and he spent the following summer taking courses on the campus.[35]

In one of his first courses at RISD, Gebbia took a 3D foundations class with a semester-long project aiming to produce 12-inch scale works of a famous artist or designer.[32] Gebbia decided he wanted to create life-size models so he could use them afterwards, but his professor dismissed the idea and told to stick to the achievable.[36] Gebbia set out to prove his professor wrong and produced sixteen full-sized chairs for his final project. He refers to this anecdote as one of several examples that allowed him to transcend beliefs of what was possible. Around this time, Gebbia also became inspired by the work of Charles and Ray Eames and switched his studies from painting to industrial design.[37] Gebbia has emphasized the importance of his design background in preparing him for entrepreneurship. One of his first design-business ventures was CritBuns—soft, foamy cushions to keep art students’ pants clean during their hours-long critique sessions, known colloquially as "crits". He developed the idea early at RISD and the design was selected as the senior gift for his graduating class of 800 students.[32] After two years developing his sales pitch and story, I.D. included CritBuns for their Best of 2006 Issue which created awareness in other countries. A variety of retailers subsequently sold CritBUns.[38][39]

Prior to Airbnb, Gebbia worked at Chronicle Books where he was the only industrial designer in a company of 200 people who focused on graphic design.[40] In that context, he learned to explain industrial design to others in a way that fit into their world view. He also founded ecolet, a green-design website.[39]

His design focus also led early on to a surge in bookings after Gebbia ideated offering free professional photography services from a community of over 2,000 freelancers.[41]

In 2017, Gebbia also launched his own collection of modular office furniture, called Neighborhood, at the ICFF furniture fair as a part of New York City’s design week. He created the collection for Bernhardt Design, a furniture company known for working with international and emerging designers.[42] The LEGO-like collection earned featured recognition in publications like Designboom, the first and most popular digital magazine for architecture and design culture, Quartz, Dezeen, and Interior Design.[43] Gebbia supported the newly formed Eames Institute for Infinite Curiosity, aimed at broadening the influence of Ray and Charles Eames through exhibitions from the Eames Collection.[44]

Social impact

Gebbia has an interest in philanthropy, particularly refugee relief and housing support.[24] In 2020, he and his team launched Airbnb.org, a non-profit that enables hosts on Airbnb to house people in times of crisis.[45] Gebbia’s personal donation of $5 million helped kick off the fund’s efforts to house refugees and asylum seekers, including 20,000 Afghan refugees in the United States.[46]

In December 2020, Gebbia made a $25 million personal donation to benefit two San Francisco charities working to end homelessness in the Bay Area, Rising Up - Larkin Street Youth Services and All Home. Both organizations aid individuals facing economic hardship as a result of the COVID-19 pandemic.[47] Gebbia also has made a personal donation to the Kevin Durant Charity Foundation which was used to redevelop basketball and tennis courts at the Hayes Valley Playground in San Francisco – marrying his passion for design, philanthropy and athletics, becoming one of his favorite projects.[48]

He serves on the Advisory Council for United Nations (UN) High Commissioner for Refugees and traveled with the group to Jordan to further educate himself on refugee conditions.[49] He also is on the Leadership Council of the Malala Fund.[citation needed] Gebbia traveled with Malala Yousafzai to Kenya and Rwanda to work on girls’ education in refugee camps.[50]

In 2017, Gebbia brought Yeonmi Park, a North Korean refugee as his guest to the Met Gala to bring attention to the issue of global-refugee security.[51] Park was featured on the front page of The New York Times' style section following the event.[51]

Gebbia is also among the youngest members to join the Giving Pledge, created by Bill and Melinda Gates with Warren Buffett. The group signifies a commitment from wealthy individuals to give more than half of their wealth towards philanthropy.[52] Gebbia has made donations to service-led companies and projects, including Thorn, Educate Girls, and others.[53]

Gebbia sits on the board of trustees of his alma mater, the Rhode Island School of Design (RISD). A former scholarship recipient, Gebbia pledged $300,000 to his alma mater RISD to create an endowed fund that will make the school accessible for students in need of financial assistance.[54][55]

In 2022, Gebbia was the graduation speaker at his alma mater, Brookwood High School. He pledged 22 shares of Airbnb stock to all 890 graduates, a gift worth $2.1 million.[56]

Documentary work

In 2020, Gebbia served as executive producer on the documentary film “Universe,” which follows jazz trumpeter Wallace Roney, Miles Davis’s protégé, as he convenes an orchestra to perform a rediscovered orchestral jazz suite by Wayne Shorter—written in 1966 for Miles Davis but never before performed.[57] The film premiered weeks after Roney died from complications of COVID-19, making it one of the very first films to be shaped by the 2020’s global pandemic.[57]

Gebbia also executive produced a documentary, in partnership with XTR, following the Refugee Olympic Team at the Olympics before, during and after the 2020 Tokyo Games.[58] The Tokyo Refugee Olympic Team consisted of 29 athletes, originating from 11 countries and residing in 13 host nations.[58]

Investments

Gebbia is an investor in female-founded venture capital fund, The Helm.[59] In 2022, Gebbia joined the San Antonio Spurs investor group as its newest strategic partner. In this position, Gebbia is a minority owner, joining billionaire Michael Dell and San Francisco-based investment firm Sixth Street as fellow investors.[60] He is an investor in Nebia.[61]

Recognition

In 2009, Gebbia was listed in BusinessWeek's Top 20 Best Young Tech Entrepreneurs.[15] In 2010, he was named in Inc. Magazine's Thirty under Thirty, and 2013, he was named in Fortune Magazine's Forty-under-Forty.[62] Gebbia was also named one of Fast Company’s Most Creative People.[63] Gebbia is also included in The Chronicle of Philanthropy’s 2021 list of America’s 50 Biggest Charity Donors, alongside Jeff Bezos, MacKenzie Scott, and Michael Bloomberg.[64]

Personal life

He lives in Austin, Texas.[65][55][3] Gebbia has a rescue dog named after the Airbnb logo, Bélo.[66]

References

  1. ^ "Joe Gebbia". Airbnb. Retrieved 2021-12-10.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Airbnb has announced that they will provide 20,000 Afghan refugees free temporary housing globally". masslive. 2021-08-24. Retrieved 2021-11-10.
  3. ^ a b "Forbes profile: Joe Gebbia". Forbes. Retrieved 22 July 2022.
  4. ^ Forbes Corporate Communications (2 March 2015). "Forbes' 29th Annual World's Billionaires Issue". Forbes.
  5. ^ "Brian Chesky and Joe Gebbia". CNBC. 2014-10-06. Retrieved 2016-05-07.
  6. ^ a b Joe Gebbia - Brookhaven City Councilman Archived 2017-02-17 at the Wayback Machine retrieved May 8, 2016
  7. ^ "The Journey Started Here". Atlanta Business Chronicle. Retrieved 1 January 2022.
  8. ^ "Founders - Airbnb". airbnb.co.uk.
  9. ^ "Gebbia Thinks Big". RISD. Archived from the original on 2017-01-30. Retrieved 2016-05-07.
  10. ^ "RISD". www.risd.edu. Archived from the original on 2017-01-30. Retrieved 2016-02-11.
  11. ^ "Founders - Airbnb". Archived from the original on 2017-01-30. Retrieved 2016-05-07.
  12. ^ "Joe Gebbia". Fast Company. Retrieved 2016-02-11.
  13. ^ a b "Starred: The Email That Launched Airbnb". Fast Company. Retrieved 2016-02-11.
  14. ^ "AirBed & Breakfast for Connecting '07". Core77. Retrieved 2016-02-11.
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  16. ^ "What's For Breakfast At Your House: Obama O's or Cap'n McCain's?". TechCrunch. Retrieved 1 January 2022.
  17. ^ "Where to get startup cash now". CNN. Retrieved 1 January 2022.
  18. ^ a b "19_Airbnb". Fast Company. Retrieved 2016-02-11.
  19. ^ Fairweather, Alistair. "Brian Chesky: The homeless entrepreneur". The M&G Online. Retrieved 2016-02-11.
  20. ^ "How Airbnb Used Design To Break Through Its Biggest Challenge". Forbes. Retrieved 1 January 2022.
  21. ^ a b c "The Making of Airbnb". Boston University Hospitality Review. Retrieved 1 January 2022.
  22. ^ "Where Did Airbnb Get Its Name?". The Boston Globe. Retrieved 1 January 2022.
  23. ^ "Airbnb Cofounder Joe Gebbia's Next Project? Furniture Design". Co.Design. 2017-05-22. Retrieved 2017-05-23.
  24. ^ a b "Airbnb Now A $100 Billion Company After Stock Market Debut Sees Stock Price Double". National Public Radio. Retrieved 1 January 2022.
  25. ^ "#66 Joe Gebbia". Forbes. Retrieved 1 January 2022.
  26. ^ Wolverton, Troy. "Airbnb is facing an unprecedented threat from the coronavirus. Here are the veteran execs on Airbnb's board of directors who will be critical to CEO Brian Chesky's success or failure". Business Insider. Retrieved 2020-07-20.
  27. ^ "Leadership | About | RISD". www.risd.edu. Retrieved 2020-07-20.
  28. ^ Nishant, Niket; Sriram, Akash (September 28, 2022). "Tesla adds billionaire Airbnb co-founder Gebbia to board". Reuters.
  29. ^ Korosec, Kirsten (September 28, 2022). "Tesla appoints Airbnb co-founder to board". TechCrunch.
  30. ^ "Mr Porter's Style Council Hosts a Cozy Soirée in Honor of its Newest Member". Vogue. Retrieved 1 January 2022.
  31. ^ "Partnering for Girls, Women, and the Global Goals". Clinton Foundation. Retrieved 1 January 2022.
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  34. ^ "Out of Bounds". Rhode Island School of Design Alumni magazine. Retrieved 1 January 2022.
  35. ^ a b "Airbnb co-founder gives Gwinnett high school alma mater more than $700K". The Atlanta Journal-Constitution. Retrieved 1 January 2022.
  36. ^ "Airbnb's Joe Gebbia: 'It was the beginning of designer's guilt, and it planted a pretty deep seed in me'". ICON. Retrieved 1 January 2022.
  37. ^ "Design lessons from the Eames studio that can aid start-ups". Financial Times. Retrieved 1 January 2022.
  38. ^ "Critbuns Keeping My Ass In Check". Wired magazine. Retrieved 1 January 2022.
  39. ^ a b "Joe Gebbia: Executing Your Idea Starts With a Small Single Step". Adobe. Retrieved 1 January 2022.
  40. ^ "What's On My Desk: Airbnb Co-Founder Joe Gebbia". Haute Living. Retrieved 1 January 2022.
  41. ^ "How A Caltech Ph.D. Turned Airbnb Into A Billion-Dollar Travel Magazine". Business Insider. Retrieved 1 January 2022.
  42. ^ "Airbnb Cofounder Joe Gebbia's Next Project? Furniture Design". Co.Design. 2017-05-22. Retrieved 2017-05-23.
  43. ^ "joe gebbia discusses his LEGO-like 'neighborhood' furniture for bernhardt design". Designboom. Retrieved 1 January 2022.
  44. ^ "What Airbnb's Joe Gebbia owes to Charles and Ray Eames". Fast Company. Retrieved 4 May 2022.
  45. ^ "Airbnb Launches Nonprofit Organization to House People in Times of Crisis". Entrepreneur magazine. Retrieved 1 January 2022.
  46. ^ "Airbnb says it will temporarily house 20,000 Afghan refugees". Business Insider. Retrieved 1 January 2022.
  47. ^ "Airbnb co-founder donates $25 million to Bay Area homeless programs". SF Bay Media. Retrieved 1 January 2022.
  48. ^ "Kevin Durant, Airbnb Co-Founder Help Fund Basketball, Tennis Courts In San Francisco". CBS San Francisco. Retrieved 1 January 2022.
  49. ^ "Airbnb Co-Founder Helps Launch Company's $25M Fund to Support Refugees with $5M Donation". Yahoo! News. Retrieved 1 January 2022.
  50. ^ "Airbnb Co-Founder Helps Launch Company's $25M Fund to Support Refugees with $5M Donation". People magazine. Retrieved 1 January 2022.
  51. ^ a b "Activism at the Met Gala". The New York Times. Retrieved 1 January 2022.
  52. ^ "Airbnb Cofounders Join Buffett and Gates' 'Giving Pledge'". Fortune. June 1, 2016. Retrieved October 10, 2016.
  53. ^ "'Audacious Project' Announces Grants Totaling $406 Million". Philanthropy News Digest. Retrieved 1 January 2022.
  54. ^ "Board of Trustees - Leadership - About - RISD". risd.edu.
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  58. ^ a b "Oscar Nominee Waad Al-Kateab to Direct Documentary on Refugee Olympic Team". The Wrap. Retrieved 1 January 2022.
  59. ^ "TED's fundraising masterclass teaches you how to raise millions for your nonprofit". Quartz. Retrieved 1 January 2022.
  60. ^ "Spurs add Airbnb co-founder Joe Gebbia as minority ownership stakeholder". The Atlantic. Retrieved 21 January 2022.
  61. ^ Chin, Tyler (2020-01-22). "What If Apple Made a Shower Head? It'd Probably Look Like This". Gear Patrol. Retrieved 2020-07-20.
  62. ^ "Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, Founders of AirBnB". Inc.com. 2010-07-19. Retrieved 2016-02-11.
  63. ^ "Meet Joe Gebbia, one of Fast Company's Most Creative People". Fast Company. Retrieved 1 January 2022.
  64. ^ "Jeff Bezos, MacKenzie Scott, and Michael Bloomberg Top List of America's 50 Biggest Charity Donors". Chronicle of Philanthropy. Retrieved 1 January 2022.
  65. ^ "The Airbnb co-founder on his favourite things". Financial Times. Retrieved 7 July 2022.
  66. ^ "Mr Joe Gebbia's Guide To San Francisco". Mr. Porter. Retrieved 1 January 2022.
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