Google buying Airbnb stock

Google buying Airbnb stock


International finance publications (the likes of INC. Magazine and The Wall Street Journal) are excited about a recent round of funding for Airbnb. A reported €750 million were raised by Google Capital and Technology Crossover Ventures.

This new injection brings Airbnb to a valuation of $30 billion, reducing the gap with another peer-to-peer player in the industry, UBER which is currently valued at $68 billion.

However, beyond the usual numbers and the speculations of such, what does this investment mean? How will Google influence Airbnb (and consequently the whole sector)?

Anson David

Anson David

Anson David is an entrepreneur with a passion for the travel and hospitality industry. His marketing acumen permits him to take ideas to market fast and develop niche businesses. Based on the idyllic Mediterranean island of Malta, Anson enjoys snorkelling, squash, cooking and driving classic cars.
Anson David

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