The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-Term Growth

by Eric Ries

Then, referring to some words of wisdom given to him by Elon Musk, the founder of Tesla, who had described for Chesky the three “eras” of a startup—creation, building, and administration—Chesky added: “Airbnb will never be in the administration era. It will always be in a building era.”2