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Airbnb’s Funding Round Led by Google Capital

http://www.biphoo.com/bipnews/business/airbnbs-funding-round-led-by-google-capital.html Airbnb’s Funding Round Led by Google Capital
Airbnb’s Funding Round Led by Google Capital : Airbnb Inc. has brought on Alphabet Inc.’s investment arm as a backer, part of an expected $850 million funding round that values the home-rental company at $30 billion, people close to the deal said. 14 more words

Airbnb files $555M round with the SEC led by Google Capital and TCV

Airbnb formally filed a Form D with the Securities and Exchange Commission this afternoon announcing that it had raised $555,462,180 in an equity deal.

Last month, TechCrunch independently verified that Airbnb had filed a 28-page document with the State of Delaware… 443 more words

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Stop listening to your bankers and go public, says top late-stage team

Technology Crossover Ventures has become a major investing powerhouse over its 22-year-old history by funding relatively undiscovered but mature companies; buying sizable stakes in later-stage, venture backed companies; and acquiring positions in publicly traded tech companies that TCV sees as undervalued. 1,666 more words

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Germany's Brillen.de raises $49M from TCV to take its eyewear marketplace international

Brillen.de, a bootstrapped, family-run company in Germany that has built an online business selling its own eyewear by tapping into a network of independent and local opticians, has raised €45 million ($49 million) in its first-ever VC funding. 729 more words

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Ismael Ahmed: How A Somali Entrepreneur Beat The U.N. And Built A $500M Remittance Firm

Somaliland-born Ismael Ahmed is having a good week.

By Dana Sanchez

Eight years ago, Ahmed blew the whistle on corruption at the U.N. Development Program in Nairobi, and his boss told him he’d never work again in remittances or development. 1,684 more words

Somaliland

A lending case involving top VCs moves toward a trial

Elevate, a venture-backed company that uses big data to assess loan applications from people with low credit scores, has been called out as a predatory lender, including in Fortune… 875 more words

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