Airbnb closes $1B round at $31B valuation, profitable as of 2H 2016, no plans for IPO

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After the vacation marketplace Airbnb last year filed SEC forms raising $555.5 million, today the company filed a new form D that has closed off its Series F with an additional $447.8 billion, bringing the total to over $1 billion – or $1,003,312,065 billion to be exact. Techcrunch has confirmed with sources close to the company that it is now valued at $31 billion. Airbnb turned… Read More