How much funding did airbnb get?

It is announced in April that Airbnb is getting an investment by TPG Capital at a valuation of approximately $10 billion. The amount of funding is variously reported as $450 million and $500 million.

How much capital did airbnb raise?

Airbnb opened at $146 on the Nasdaq, far above the IPO price of $68 per share that raised $3.5 billion for the company. The stock hit a high of $165 and closed at $144.71.

How much is airbnb in debt?

Airbnb said it was due to the repayment of debt the company took on during the pandemic. In April 2020, Airbnb lined up about $2 billion in debt financing to help it grow and pay bills while travel demand was crushed.

When did Founders Fund invest in Airbnb?

Founders Fund’s Airbnb stake traces back to a $200 million round that the firm led for Airbnb in 2013. As of that time, Airbnb was the largest deal Founders Fund had ever made and represented a very bold bet for the firm.

How did airbnb raise money?

SAN FRANCISCO — Airbnb said on Monday that it had raised $1 billion in new funding as it grapples with devastation from the coronavirus pandemic, and as some technology start-ups take extra measures to stockpile cash during the outbreak.

Why did airbnb raise debt?

Airbnb CEO Brian Chesky at The New York Times Dealbook event on November 6, 2019. A week after reeling in $1 billion in fresh capital, Airbnb is raising another $1 billion in debt as it seeks to pad its balance sheet to get through the COVID-19 crisis, according to people familiar with the matter.

How much did Airbnb sell for?

Airbnb priced its initial public offering on Wednesday at $68 a share, selling 51.5 million shares for $3.5 billion and valuing the home rental company at $47 billion. It is the largest I.P.O. of the year. It was a far higher price than the company had originally set, indicating investor demand for the stock.

Can airbnb be a trillion dollar company?

Airbnb: Current market cap of $81 billion Airbnb would have to increase in value by more than 1,100\% over the next 14 years to hit a $1 trillion valuation. The vast majority of investors are probably familiar with Airbnb’s hosting platform.