Business · 2

How much did Airbnb's cash-strapped founders charge for each box of their 2008 novelty cereal, 'Obama O's'?

Answer

$40

In 2008, Brian Chesky and Joe Gebbia designed and sold limited-run 'Obama O's' and 'Cap'n McCain's' cereal boxes for $40 apiece to raise money for their struggling startup, which became Airbnb.

💡 Did you know?

Airbnb's founders couldn't afford rent in 2008, so they bought cereal boxes, designed them, and sold 'Obama O's' and 'Cap'n McCain's' for $40 each to fund their struggling startup.

Other options people guess

  • $20
  • $10
  • $60

Topics

  • airbnb
  • startups
  • 2000s
  • entrepreneurship

Know your business trivia?

Play a free Business quiz and see how many you get right — no signup needed to start.

More Business facts

Business

What was the name of the second election-themed cereal, sold alongside 'Obama O's,' that helped fund Airbnb's early days in 2008?

Airbnb's founders couldn't afford rent in 2008, so they bought cereal boxes, designed them, and sold 'Obama O's' and 'Cap'n McCain's' for $40 each to fund their struggling startup.

Business

What valuation did Sara Blakely's Spanx reportedly reach despite never taking on outside investors?

Spanx founder Sara Blakely built a $1.2 billion shapewear empire without outside investors or a business degree, using $5,000 in personal savings and door-to-door retail pitching.

Business

How much personal savings did Sara Blakely use to launch Spanx before it grew into a billion-dollar shapewear brand?

Spanx founder Sara Blakely built a $1.2 billion shapewear empire without outside investors or a business degree, using $5,000 in personal savings and door-to-door retail pitching.

Business

McDonald's is the only major global market to serve zero beef and zero pork menu items in which country?

McDonald's adapted its menu so drastically for India that it became the only major market where the chain serves no beef or pork whatsoever.

Business

Which fast-food chain reportedly earns more from leasing land and buildings to its franchisees than from selling food?

McDonald's real estate portfolio is worth more than its food business; the company makes billions annually just by leasing land to franchisees.

Business

What did FedEx founder Fred Smith do before launching the company that contradicted his own academic predictions?

FedEx founder Fred Smith wrote a paper predicting overnight delivery would fail, then built the company anyway to prove himself wrong.