693:
186:
524:
34:
1490:
689:" spirit of other members. Tensions between Fenton and Espinoza led to Fenton being fired from the company he founded, although at that time, he kept his seat on the board of directors. The company rented office space in San Francisco. By the end of Espinoza's tenure, the company had depleted half of its financing and laid off 40% of its staff.
630:
The conversion to a for-profit corporation was objected to by many members since the guiding principles of the original non profit organisation promised that CouchSurfing operates as a nonprofit, a promise that was broken by Fenton and Hoffer. Founder Casey Fenton said he received 1,500 emails in the
583:
resulted in much of it being irrevocably lost. Founder Casey Fenton posted online asking for help. A Couchsurfing
Collective was underway in Montreal at the time and those in attendance raised $ 8,000 in donations and committed to recreate the website. In 2007,
531:
From 2006 until the company raised financing in 2011, development of the website occurred mostly at events called "Couchsurfing
Collectives", in which members met to voluntarily improve the website. Collectives took place in
685:, was CEO from April 2012 to October 2013. Under his leadership, driven by an aggressive advertising campaign, membership doubled; however, new users were less interested in hosting other travelers and in the "
576:
were common. Many members believed that the website needed to be redesigned from scratch. The collectives were also hindered by volunteers who just came to party and by tax laws in each jurisdiction.
1412:
612:
in early 2011. The assets then needed to be acquired from the New
Hampshire non-profit, which including legal fees, was to cost $ 1 million. In August 2011, a private for-profit
2235:
728:. Casey Fenton was removed from the board of directors due to differences with management and has since no longer been involved in the day-to-day operations of the company.
712:. Instead, the company received funding from Dugan Katragadda, a branch of Valencia Street Capital, led by Patrick Dugan (born 1980), who previously worked for
2211:
1220:"CouchSurfing Raises $ 7.6 Million in Series A From Benchmark Capital and Omidyar Network to Expand Services and Fuel Growth in Cultural Exchange Network"
2291:
1219:
2217:
1180:
486:
and randomly e-mailed 1,500 students asking for a homestay. He received between 50 and 100 offers and chose to stay at the home of an
Icelandic
731:
In June 2016, the company added a feature to its mobile app called "hangouts" that enables members to quickly meet with other nearby members.
1199:
2296:
1413:"Tony Espinoza Steps Down As CEO Of Couchsurfing, Jennifer Billock Steps Up As Interim As Startup Lays Off Staff, "Doubles Down" On Mobile"
1371:
661:. The additional funding brought the company's total funding raised to $ 22.6 million. That year, the company launched mobile apps for
619:, also called Couchsurfing International, Inc., which was formed on 3 May 2011, raised $ 7.6 million in a first-round financing led by
421:
1465:
1533:
1433:
1281:
2286:
2258:
771:
2223:
850:
627:
and acquired the assets of the New
Hampshire company. The New Hampshire non-profit company was dissolved on 4 November 2011.
494:
on 12 June 1999. Fenton was also inspired by a trip he took 2 years earlier to Egypt, where he was shown around by a local.
1329:
490:
singer. On the return flight to Boston, he came up with the idea to create the website. He registered the couchsurfing.com
977:
461:, and while hosts are not allowed to charge for lodging, members in some countries must pay a fee to access the platform.
808:
2229:
1350:
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and
Practice Fusion, an electronic medical records company. Dugan's investment was large enough to reconstitute the
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1334:
414:
379:
20:
1998:
1526:
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911:
635:
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native Casey Fenton in 1999, when he was 21 years old. The idea arose after Fenton found a cheap flight from
226:
1085:
438:
241:
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645:
In August 2012, Couchsurfing received an additional $ 15 million in funding from an investor group led by
744:
458:
82:
666:
1126:. (IEEE) International Conference on Data Mining Workshop (ICDMW). Atlantic City. pp. 1125–1130.
692:
2084:
407:
165:
867:
827:
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1519:
609:
1181:"CouchSurfing Raises $ 15 Million Series B From General Catalyst Partners, Menlo Ventures, Others"
951:
2011:
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Longenecker, Justin G.; Petty, J. William; Palich, Leslie E.; Hoy, Frank (15 January 2016).
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2016:
2006:
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In 2015, Couchsurfing required additional funding but did not have the metrics to raise a
8:
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Jennifer
Billock, who had been head of product marketing, then took over as CEO.
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in a blog post by Casey Fenton), but that certification was eventually removed.
2109:
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1105:"Help! - Innodb and MyISAM accidental DROP DATABASE – 112 tables gone forever?"
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Small
Business Management: Launching & Growing Entrepreneurial Ventures
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to
Iceland but did not have lodging. Fenton hacked into a database of the
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requiring users in some countries to pay a fee to access the platform.
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Jennifer
Billock, CEO of CouchSurfing from October 2013 to October 2015
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33:
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Hospitality Exchange Services as a Source of Spatial and Social Data?
601:
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261:
251:
1430:
1261:"Benchmark plops down $ 7.6M to make Couchsurfing into a for-profit"
907:
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1603:
1351:"Not-for-profit Couchsurfing becomes a company (with a conscience)"
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Rustam Tagiew; Dmitry I. Ignatov; Radhakrishnan Delhibabu (2015).
868:"State of Delaware corporate entity search – enter "couchsurfing""
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1152:
1015:
Handbook of Research on Global Hospitality and Tourism Management
511:
The website was launched on 12 June 2004 with the cooperation of
450:
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Tony Espinoza, previously vice president and general manager of
497:
Couchsurfing International Inc. was formed on 2 April 2003 as a
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Professional E-Hailing Drivers and Private Owners Association
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1997:
1392:"Office Envy: Inside CouchSurfing's San Francisco workspace"
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1396:
1282:"CouchSurfing Just Closed A $ 7.6 Million Round Of Funding"
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in November 2007 but tax exempt status was rejected by the
358:
1144:
682:
662:
139:
1316:"Myths and Facts: Couchsurfing's conversion to a B Corp"
888:"How CouchSurfing Got its Start, and Landed VC Millions"
1242:"CouchSurfing CEO steps down amid layoffs, uncertainty"
596:
Change to a for-profit corporation and financing (2011)
952:"Paradise lost: The rise and ruin of Couchsurfing.com"
851:"Business Information: COUCHSURFING INTERNATIONAL INC"
568:. However, the collectively-coded website was full of
474:
Couchsurfing was conceived by computer programmer and
2212:
International Alliance of App-based Transport Workers
1174:
1172:
1200:"Non-Profit CouchSurfing Raises Millions In Funding"
588:
for couchsurfing.org overtook the search volume for
519:
Development of the website by volunteers (2006–2011)
445:
or interact with other people who are interested in
1169:
672:
1466:"Couchsurfing to introduce new "hangout" feature"
2278:
2218:Indian Federation of App-based Transport Workers
1077:
1372:"Couchsurfing your way to a free place to stay"
845:
843:
841:
1527:
1308:
1138:
527:Lunch at former headquarters in San Francisco
415:
735:Change to subscription business model (2020)
515:, Sebastien Le Tuan, and Leonardo Silveira.
838:
441:by which users can request free short-term
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32:
2292:Hospitality companies established in 2003
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1178:
1086:"CouchSurfing Deletes Itself, Shuts Down"
1083:
978:"Pandemic hits 'couchsurfing' travel bug"
975:
806:
469:
143:Francesco Deparis, Director of Operations
1235:
1233:
1197:
862:
860:
809:"Couchsurfing Dilemma: Going for Profit"
703:
691:
579:In June 2006, problems with the website
522:
1434:U.S. Securities and Exchange Commission
1053:Barnett, George A. (7 September 2011).
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634:The company was briefly certified as a
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631:days after announcing the conversion.
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1370:Graham, Jefferson (12 October 2013).
1348:
1230:
1012:Camillo, Angelo A. (17 August 2015).
971:
969:
950:Fedorov, Andrew (15 September 2021).
885:
857:
802:
800:
798:
796:
794:
792:
772:List of hospitality exchange services
1463:
1404:
853:. New Hampshire Department of State.
2297:American social networking websites
2259:2019 Lyft and Uber drivers' strikes
1541:
1198:Perlroth, Nicole (24 August 2011).
1179:Gallagher, Billy (22 August 2012).
1084:Arrington, Michael (29 June 2006).
1040:"Whois Record for CouchSurfing.com"
918:
874:
13:
1411:Lunden, Ingrid (10 October 2013).
1318:. Couchsurfing. 14 September 2011.
966:
900:
789:
14:
2318:
1482:
976:Ferrarese, Marco (24 June 2020).
1488:
1464:WIRA, NI NYOMAN (23 June 2016).
1259:Tweney, Dylan (24 August 2011).
1240:Vivion, Nick (11 October 2013).
807:Lapowesky, Issie (29 May 2012).
653:, as well as existing investors
2230:National Taxi Workers' Alliance
1457:
1440:
1423:
1384:
1349:Baker, Vicky (26 August 2011).
1342:
1335:American City Business Journals
1330:"CouchSurfing becomes a B Corp"
1322:
1304:. Couchsurfing. 24 August 2011.
1294:
1280:DeLuca, Matt (30 August 2011).
1273:
1252:
1191:
1115:
1096:
1056:Encyclopedia of Social Networks
1046:
1032:
886:Moran, Gwen (9 December 2011).
673:Management turnover (2012–2015)
27:Couchsurfing International Inc.
1103:Fenton, Casey (28 June 2006).
820:
380:Friendship Force International
21:Couch surfing (disambiguation)
1:
2287:Hospitality exchange services
1999:Social peer-to-peer processes
912:California Secretary of State
782:
242:Hospitality exchange services
1302:"A New Era For Couchsurfing"
743:, the company switched to a
439:hospitality exchange service
130:Leonardo Bassani da Silveira
96:2 April 2003 (New Hampshire
7:
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745:subscription business model
459:subscription business model
10:
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828:"Couchsurfing Travel App"
647:General Catalyst Partners
638:(mistakenly labeled as a
449:. It is accessible via a
202:
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171:
166:Social networking service
159:
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118:
110:
92:
50:
40:
31:
2302:Social planning websites
2224:Rideshare Drivers United
2022:Peer-to-peer ridesharing
1914:Services and freelancing
1448:"Patrick Dugan Overview"
1431:"Dugan Katragadda, L.P."
739:In May 2020, during the
649:, with participation by
610:Internal Revenue Service
600:The company applied for
2012:Peer-to-peer carsharing
2165:Scooter-sharing system
2150:Product-service system
2040:Bicycle-sharing system
1132:10.1109/ICDMW.2015.239
832:App Store (iOS/iPadOS)
697:
606:nonprofit organization
528:
470:Conception (1999–2004)
390:Intervac International
208:; 20 years ago
104:for-profit corporation
98:nonprofit organization
2253:2021 Gorillas strikes
2130:Intentional community
1947:The Freecycle Network
722:Palantir Technologies
704:New investment (2015)
695:
526:
502:nonprofit corporation
484:University of Iceland
325:Hospitality for money
102:3 May 2011 (Delaware
2140:Platform cooperative
2017:Peer-to-peer lending
2007:Peer-to-peer banking
1787:Servas International
1497:at Wikimedia Commons
679:social-network games
586:Google search volume
297:Hospitality for work
278:Servas International
19:For other uses, see
2160:Ridesharing company
1400:. 12 February 2016.
983:Nikkei Asian Review
640:Benefit corporation
28:
1436:. 10 October 2020.
1338:. 27 January 2012.
726:board of directors
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83:Simplified Chinese
26:
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1986:
1985:
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1493:Media related to
1452:Morningstar, Inc.
1226:. 25 August 2011.
1222:(Press release).
1061:SAGE Publications
834:. 22 August 2023.
777:Reputation system
741:COVID-19 pandemic
655:Benchmark Capital
621:Benchmark Capital
432:
431:
220:
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206:12 June 2004
128:Sebastian Le Tuan
51:Available in
16:Homestay platform
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2175:Two-sided market
2145:Platform economy
2060:Decentralization
2055:Borrowing center
1995:
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1940:Swap and renting
1777:Hospitality Club
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590:Hospitality Club
488:rhythm and blues
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267:Hospitality Club
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