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03-20-2014, 05:56 PM
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Report: Airbnb Valuation Approaches $10 Billion
Report: Airbnb Valuation Approaches $10 Billion
   Airbnb, the company that connected web surfing to couch surfing, is in the process of raising $400 million to $500 million, a round that would value the company at around $10 billion, according to a report. The Wall Street Journal cites "people familiar with the process" who say private equity firm TPG is leading the round. Reps from Airbnb could **t be reached for comment. See also: 8 Tech Companies That May Go Public in 2014 At $10 billion, Airbnb would be worth more than some large hotel companies, including Wyndham Worldwide and Hyatt Hotels. Founded in 2008 by Brian Chesky and Joe Gebbia, Airbnb **w has more than 600,000 listings from people who want to rent out their homes, rooms or couches to strangers for money. Airbnb receives a portion of those fees. Read more... More about Startups, Airbnb, and Business المصدر: Forums Report: Airbnb Valuation Approaches $10 Billion 
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