Despite picturing itself as the cozy heart of a “sharing economy,” Airbnb is really serious Big Business. Right now, it’s in the capital markets raising an additional $1 billion in funding—and according to BloombergBusiness, that means its market valuation is about $20 billion!
Among all the recent startups, only Uber is valued higher, at $41 billion. Airbnb’s value per room represented is similar to that of major hotel chains.
Much MORE at Bloomberg.