Airbnb raises $1 Billion to increase cash flow

Airbnb's business has been deeply affected over the past few months


Wallace Ho

8 Apr, 2020

Airbnb raises $1 Billion to increase cash flow | BEAMSTART News

- From our Sponsors -

Home rental company, Airbnb said raised $1 billion in new fundings earlier this week to take extra measures to increase cash reserve during the current health situation.

The investment was led by by Silver Lake and Sixth Street Partners, which was a mixture of equity and debt.

The internal valuation of the company has been lowered from $32 billion to $26 billion.

Brian Chesky, CEO fo AirBnB

The company is planning to use the new resources to support ongoing work to invest over long term in its community of hosts.

Airbnb’s business has been impacted during the global travel shutdown. Many hosts in the platform have receive zero bookings over the past few months.

The company's planning to go public this year might be delayed due to the stock market volatility and uncertainty health situation worldwide. 

- From our Sponsors -

Latest Jobs

Forward Deployed Engineer at Bemlo (W22)

Bemlo

Stockholm County,

Full Time

USD 90 — USD 160 yearly

Finance Lead

Two Dots

California,

Full Time

USD 150000 — USD 200000 yearly

Member of Technical Staff (Student Internship)

Roundtable

California,

Internship

USD 80000 — USD 120000 yearly

Associate Account Executive - US

Upflow

New York,

Full Time

USD 100000 — USD 200000 yearly

Product Manager (Linear.app expert)

Respaid

Full Time

USD 2000 — USD 6000 yearly

Founding Middleware Lead

Cerulion

Massachusetts,

Full Time

USD 100000 — USD 130000 yearly

Senior Software Engineer (Frontend/Mobile)

Tavus

California,

Full Time

USD 160000 — USD 250000 yearly

Business Development Representative

Corgi

Illinois,

Full Time

USD 70000 — USD 150000 yearly

Founding Engineer

Unbound

Karnataka,

Full Time

USD 2000000 — USD 5000000 yearly

Product Manager, Startup & Self-Serve Growth

Gem

California,

Full Time

USD 215000 — USD 250000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).