From left: Nathan Blecharczyk, Joe Gebbia and Brian Chesky
Airbnb secured more than $100 million in its latest round of private equity funding, which recently closed. The round occurred at the same time as the $25.5 billion valuation during the company’s previous funding round this summer.
The popular and controversial home sharing service marketed its solid growth to investors as it sought a fresh influx of capital. Airbnb generated $340 million in revenue in the third fiscal quarter of this year on bookings of $2.2 billion, according to an investor slide presentation. (more…)
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