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Abstract
y impressive at the time.</p><figure id="5b1d"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*uEdxE5GqIAhP0vhd0vq3nw.png"><figcaption></figcaption></figure><figure id="312c"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*_g9QpLmOjTW9ohQA0svJSA.png"><figcaption></figcaption></figure><figure id="5fc1"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*Qe-HqzsKSORnHSzqbEn2Ag.png"><figca
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ption></figcaption></figure><figure id="49e2"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*0kjTFkJ6GCrXFMGbBxa1Jw.png"><figcaption></figcaption></figure><figure id="20bb"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*aidhrIkElKeDuWESTicp-A.png"><figcaption></figcaption></figure><p id="e384">Next time you have an idea and it gets rejected, I want you to think of these emails.</p></article></body>
On June 26, 2008, our friend Michael Seibel introduced us to 7 prominent investors in Silicon Valley. We were attempting to raise $150,000 at a $1.5M valuation. That means for $150,000 you could have bought 10% of Airbnb. Below you will see 5 rejections. The other 2 did not reply.
The investors that rejected us were smart people, and I am sure we didn’t look very impressive at the time.
Next time you have an idea and it gets rejected, I want you to think of these emails.
