Airbnb’s New $1 Billion Funding Would Value It At $20 Billion
Photo Credit: Airbnb
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Until Airbnb gets its regulatory issues settled it will need to raise money like this rather than going for an IPO.
Techcrunch is reporting that Airbnb is raising a new round of funding that would give it access to $1 billion at a $20 billion valuation.
The funding comes at a transition time for Airbnb as it solves some regulatory issues in cities such as San Francisco and Amsterdam while dealing with rene