𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐚𝐭:
✔ Uber: the ride-hailing giant faced numerous rejections, with some estimates suggesting they were turned down by 𝐨𝐯𝐞𝐫 𝟏𝟎𝟎 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬. Their disruptive business model and regulatory challenges made it difficult to gain early traction.
✔ Airbnb: the online marketplace for lodging and experiences faced 𝐫𝐞𝐣𝐞𝐜𝐭𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝟐𝟎 𝐭𝐢𝐦𝐞𝐬 before securing funding. Initially, many investors doubted the idea of strangers renting out their homes.
✔ Slack: the popular team communication platform experienced rejection from investors 𝐚𝐫𝐨𝐮𝐧𝐝 𝟑𝟎 𝐭𝐢𝐦𝐞𝐬. Many didn’t see the potential in the product, which has since become a staple in workplaces worldwide.
✔ WhatsApp: multiple investors, including Facebook, rejected the messaging app that revolutionized mobile communication before finding support. WhatsApp’s founders faced skepticism about their ability to compete in an already crowded messaging market.