Post by High Priestess on Oct 4, 2015 5:47:01 GMT
Peter shared in june 2015:
Airbnb raising $1 billion in new funding.
"The new round of financing would value the company at $25 billion in post-money valuation, according to financial research firm, PrivCo.
That's more than double its last valuation -- the San Francisco-based firm was valued at $10 billion after it raised $500 million in April 2014."
Click here cnnmon.ie/1d4lWEk for CNN article.
"The home sharing company is telling investors that it is slated to make $900 million in revenue this year, up from the $850 million it estimated in recent months, the Wall Street Journal reported Wednesday, citing anonymous sources.
That is more than triple the $250 million in revenue it recorded just two years ago.
Airbnb is then expected to grow to $10 billion by 2020, when it will become profitable, according to the report. As the 7-year-old company is burning cash to expand, it forecasts an operating loss of about $150 million for 2015."
Click here for BizJournals article.
My two cents: Glad to see we're not the only ones struggling to make ends meet. :-)
Airbnb raising $1 billion in new funding.
"The new round of financing would value the company at $25 billion in post-money valuation, according to financial research firm, PrivCo.
That's more than double its last valuation -- the San Francisco-based firm was valued at $10 billion after it raised $500 million in April 2014."
Click here cnnmon.ie/1d4lWEk for CNN article.
"The home sharing company is telling investors that it is slated to make $900 million in revenue this year, up from the $850 million it estimated in recent months, the Wall Street Journal reported Wednesday, citing anonymous sources.
That is more than triple the $250 million in revenue it recorded just two years ago.
Airbnb is then expected to grow to $10 billion by 2020, when it will become profitable, according to the report. As the 7-year-old company is burning cash to expand, it forecasts an operating loss of about $150 million for 2015."
Click here for BizJournals article.
My two cents: Glad to see we're not the only ones struggling to make ends meet. :-)