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Airbnb is a case study in why tech startups still aren’t going public

March 14, 2017

Airbnb’s latest funding haul has surpassed all expectations. The company was said last summer be seeking up to $850 million in a round that would value it at $30 billion. In September, a filing showed Airbnb had raised $555 million.

According to a new filing on March 9, Airbnb ultimately received more than $1 billion in its Series F financing, for a valuation of $31 billion. That solidifies its position as the world’s fourth-most valuable startup and puts it on the heels of Chinese ride-hailing firm Didi Chuxing, which is valued at close to $34 billion.  Read more

Source: Quartz Media