SOURCE: Larkin Street Youth Services

Larkin Street Youth Services

February 13, 2015 18:30 ET

Airbnb CEO & Co-Founder Brian Chesky, Intriguing Discussion on the Shared Economy and Airbnb's Formation at Larkin Street's Corporate Leadership Breakfast

Hosted by Larkin Street Youth Services and PwC US, the Event Benefited Homeless Youth

SAN FRANCISCO, CA--(Marketwired - Feb 13, 2015) - Larkin Street Youth Services and title sponsor, PwC US, hosted the annual Corporate Leadership Breakfast, on February 12, 2015 at the San Francisco City Club, attended by members of San Francisco's business community. This year's guest speaker, Brian Chesky, CEO & Co-Founder of Airbnb, had an intriguing discussion on the shared economy and Airbnb's start with PwC's San Francisco Managing Partner Jim Henry.

Chesky shared many engaging stories about what led him to begin the game changing Airbnb, as well as what has contributed to their ongoing success. Crediting his need to pay rent when first moving to San Francisco, Chesky and fellow co-founder Joe Gebbia opened their empty home to designers attending a conference, providing three air beds to their guests, and thus was born Air Bed and Breakfast which became Airbnb.

Chesky jokingly told the audience that Airbnb is the "worst idea that ever worked." He was inspired in part by a former college professor from his alma-mater, Rhode Island School of Design, who told him "you can design the world you want to live in." Now at the forefront, Chesky stated that the "sharing economy allows for people to connect back into the world."

Airbnb and PwC US are generous sponsors of Larkin Street Youth Services.

Larkin Street has served over 75,000 youth since first opening in 1984. The Corporate Leadership Breakfast raises funds and awareness to help support Larkin Street as they deepen and enhance their programs including housing, education, employment, and support services. Larkin Street serves about two-thirds of San Francisco's homeless youth and is the primary provider of housing for transitional age youth in San Francisco. For every young person who exits street life, society saves more than five times the cost of long-term intervention.

About Larkin Street Youth Services

Larkin Street Youth Services is the leading nonprofit in San Francisco empowering homeless and at-risk youth to get off the street by offering them confidence, skills, opportunities, and hope. Since 1984, Larkin Street has reached over 75,000 vulnerable young people, continuing to expand an innovative and award-winning model of housing, education, employment, and health services across San Francisco. Three out of four youth who complete the full range of programs at Larkin Street successfully exit street life. For more information, please visit: www.larkinstreetyouth.org. Follow us online: Facebook, @LarkinStreet, and YouTube

About PwC US

PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms in 157 countries with more than 184,000 people. We're committed to delivering quality in assurance, tax, and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/US. Gain customized access to our insights by downloading our thought leadership app: PwC's 365™ Advancing business thinking every day

Learn more about PwC by following us online: @PwC_LLP, YouTube, LinkedIn, Facebook and Google +.

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PwC Media Contact: Amy Gnadinger, PwC US PR, (646) 471-5546, amy.r.gnadinger@us.pwc.com

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