WSJ: Airbnb closes $450M fundraising

Airbnb has finalized a fundraising round of over $450M that values the company at $10B, the WSJ reports. The deal makes Aribnb, which enables people to rent their homes, sofas, rooms, castles and/or yachts to travelers, worth more than publicly traded hotel chains Wyndham Worldwide and Hyatt Hotels.

Private-equity firm TPG, mutual fund T. Rowe Price Group (TROW), venture-capital firm Sequoia Capital and Dragoneer Investment Group participated in the round.

The investment adds to the more than $300M that Airbnb has previously raised.

Comments (2)
  • buyandhold???
    , contributor
    Comments (907) | Send Message
    o airbnb is worth about 1/3 of what tesla is worth, sounds like a steal
    20 Apr 2014, 08:40 PM Reply Like
  • Thomas Jason
    , contributor
    Comment (1) | Send Message
    The sites that have worked for my rentals are Homeaway and Guestnest.
    20 Apr 2014, 08:43 PM Reply Like
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