Joe Gebbia: Airbnb co-founder Joe Gebbia steps down after 14 years

Airbnb co-founder and online hospitality major Joe Gebbia has announced his resignation after 14 “roaring years” and is about to start a new chapter.

Gebbia, who formed Airbnb more than a decade ago, wrote a letter to employees, saying he will remain on the board but move into an advisory role, supporting co-founders Brian Chesky and Nathan Blecharczyk on ” roadmap, future concepts, and creative culture.”

Gebbia was previously president of Samara, Airbnb’s design studio, and, the company’s nonprofit foundation.

Tesla CEO Elon Musk congratulated him with a tweet on Friday: “Congratulations on an amazing business with Airbnb, now for Book 2!”

In a blog postthe Airbnb co-founder said the main reason for the transition is that “it’s the only company I’ve ever helped create, and my brain is brimming with ideas to bring to the world.”

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“My first new venture is a startup called parenthood, where I will be taking on the role of dad. The others involve an Airbnb add-on product, documentary filmmaking, and various philanthropic initiatives. I look forward to sharing more about it soon with you,” he added.

He said Airbnb emerged from an unprecedented setback in the travel industry “with the best first quarter since we incorporated Airbnb fourteen years ago.”

“Thank you to the four million of you who have chosen to host, defying convention to form the largest hospitality network on the planet. You have welcomed the world into your guest rooms, yurts, villas, caves, barns, mansions, tugboats, Airstreams and this giant potato house in Idaho,” he wrote.

Incredibly, after over a billion guest arrivals, “the data proves that the golden rule is in fact human nature, which perhaps explains why a version of it can be found in almost all cultures,” he added.

Gebbia said he would match every dollar you donate to so we can house twice as many people in need.

As of November 2021, Gebbia’s net worth is estimated at $11.4 billion.

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