How did the founders of Airbnb maintain majority ownership of their company?

The founders of Airbnb, Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, maintained majority ownership of their company by ensuring they retained majority ownership of the company shares in their cap table. A cap table lists all the owners of a company and the percentage of the company each owns.

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Enter the Capitalization Table – or Cap Table for short. A cap table basically lists all the owners of a company and the percentage of the company each owns. To explain how a cap table works consider another well-known company: Airbnb. Its founders, Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, created one of the most founder-friendly companies by ensuring they retained majority ownership of the company shares in their cap table.

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Cap Table

Ever wondered why some companies stay under the control of their founders, while others shift into the hands of their investors? Our Cap Table Templat...

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