Airbnb Is Worth $10 Billion Because The Sharing Economy Is a Farce
Nitasha Tiku · 03/20/14 01:30PM
Airbnb is about to close a round of funding that will value the company at $10 billion, reports the Wall Street Journal. That's four times as much as the company was valued in 2012, when it raised $200 million. This time, the valedictorian of the sharing economy is raising between $400 million and $500 million led by private equity group TPG.