Airbnb turns to private equity to raise $1 billion
https://techcrunch.com/2020/04/06/airbnb-turns-to-private-equity-to-raise-1-billion/
Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic.
Terms of the deal were not disclosed. It’s unclear how this funding might alter Airbnb’s previously shared plans to go public.
Airbnb turns to private equity to raise $1 billion
Apr 6, 2020, 9:42pm UTC
https://techcrunch.com/2020/04/06/airbnb-turns-to-private-equity-to-raise-1-billion/
> Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic.
> Terms of the deal were not disclosed. It’s unclear how this funding might alter Airbnb’s previously shared plans to go public.