• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, May 22, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Airbnb Raises $555 million from Google Capital, Technology Crossover Ventures

by Chinmay Bidkar
September 23, 2016
in News
Reading Time: 2 mins read
0
Airbnb
TwitterWhatsappLinkedin

 

You might also like

Epic Games’ Fortnite Makes Triumphant Return to Apple’s App Store After Nearly Five-Year Ban

Paramount Faces Political Firestorm Over Possible Trump Lawsuit Settlement

Intel Considers Selling Network and Edge Units Amid Strategic Overhaul Under New CEO

Airbnb

23 September 2016, USA :

The world’s fourth most valuable startup Airbnb raised $555 million in new funding at a $30 billion valuation.

Google Capital is Google’s investment arm for late-stage startups, and invests strategically. It’s led by David Lawee, who used to run mergers and acquisitions for the search giant.

As part of the funding efforts, Airbnb is allowing some employees to sell stock, which will total about $200 million, one of the people said.

Investors bought the employee stock at a discount—last year’s $93.09 a share price—because the common stock doesn’t grant investor protections like preferred stock does, the people said.

Airbnb sought new investors for this round and asked existing investors not to participate, two of the people said. As demand for this round was high, Airbnb was able to select investors deemed as strategic to the company’s broader goals, the people said. The Wall Street Journal reported in June that Airbnb turned down financial investors, including mutual funds who were willing to invest at a valuation as high as $34 billion.

Founded in August of 2008 and based in San Francisco, California, Airbnb is a trusted community marketplace for people to list, discover, and book unique accommodations around the world — online or from a mobile phone or tablet. Source- WSJ

Also read-
ECOM EXPRESS APPOINTS DILIP K SHARMA AS SENIOR VP, HEAD-COUNTRY OPERATIONS
MUSK TO UNVEIL SOLARCITY ROOFTOP PANELS OCTOBER 28TH
Tags: AirBnBfundingGoogle CapitalInvestmentstartups
Tweet54SendShare15
Previous Post

Ecom Express Appoints Dilip K Sharma as Senior VP, Head-Country Operations

Next Post

Twitter Likely To Receive Formal Bid Soon, Suitors May Include Salesforce And Google

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Epic Games’ Fortnite Makes Triumphant Return to Apple’s App Store After Nearly Five-Year Ban

by Anochie Esther
May 22, 2025
0
Fortnite

In a twist that has been long awaited by millions of fans and closely monitored by the tech and gaming industries alike, Fortnite is finally making its comeback...

Read more

Paramount Faces Political Firestorm Over Possible Trump Lawsuit Settlement

by Harikrishnan A
May 22, 2025
0
Paramount Faces Political Firestorm Over Possible Trump Lawsuit Settlement

Three senior U.S. senators are raising red flags over media giant Paramount Global’s ongoing legal entanglement with President Donald Trump, warning that a settlement in his $20 billion...

Read more

Intel Considers Selling Network and Edge Units Amid Strategic Overhaul Under New CEO

by Harikrishnan A
May 22, 2025
0
Pentagon Halts $2.5 Billion Chip Grant to Intel,

In a significant pivot that could reshape Intel’s future, the tech giant is quietly weighing whether to sell off its network and edge computing business units. The move...

Read more
Next Post
Twitter Adds New Tab In Its Armoury; Will Make Easier For Users To Find Accounts To Follow

Twitter Likely To Receive Formal Bid Soon, Suitors May Include Salesforce And Google

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?