Brian announced a new Airbnb funding model for Airbnb.org. The company said the model would help provide $500 million over five years, with a goal of supporting one million nights of free housing annually.
In a TIME video interview, Brian discussed hiring, lessons from Steve Jobs, Airbnb’s expansion and the company’s role in the housing crisis. The conversation was filmed at Airbnb’s San Francisco headquarters.
Brian introduced an initiative committing an initial $250 million in financing to help housing developments get built. Airbnb said its first $6.4 million investment would support 201 affordable homes in Austin.
Brian joined CNBC’s Squawk Box to discuss Airbnb’s new services, World Cup travel demand and what hosts could expect. The interview followed the company’s summer product announcement.
Airbnb’s summer release introduced grocery delivery, airport pickups, luggage storage and car rentals, alongside boutique hotels and World Cup experiences. Brian described the aim as helping people explore and learn through travel.