Who you found a business with is more important than having a good idea, says Airbnb CEO Brian Chesky

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If you want to grow a successful business, finding the right people to do it with is more important than the concept, according to Airbnb CEO Brian Chesky.

Chesky and Gebbia started the business as a way of boosting rent, by letting designers in need of accommodation sleep on their lounge floor for $80 a night. Blecharczyk came onboard as they tried to grow the concept. He said that he was initially trying to raise $150,000 and sell a 10% stake in the business, but could barely get meetings with investors.

"You don't just get sniped, you kind of crawl and fade away. So just having great founders that can support you is the most important thing I think."

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