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Fortune
Fortune
Alexei Oreskovic

Airbnb cofounder Joe Gebbia raises $41M for his startup building tiny homes

(Credit: Courtesy of Samara)

Airbnb cofounder Joe Gebbia describes a house that sounds like a nice spot for an upcoming vacation: it's cozy, with lots of natural light and a high gable ceiling, bespoke custom furniture, and a smart design aesthetic.

Gebbia isn't describing a listing on Airbnb. He's talking about a house he wants to sell. Actually, he wants to sell a lot of these houses; so many, that if he's successful, Gebbia envisions a version of the house—in studio, one-bedroom, and two-bedroom configurations—in backyards throughout California, and eventually the U.S.

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