{"id":47676,"date":"2023-10-20T15:54:35","date_gmt":"2023-10-20T15:54:35","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/despite-us150-million-loss-airbnb-stays-in-investors-good-books-startupsmart\/"},"modified":"2023-10-20T15:54:35","modified_gmt":"2023-10-20T15:54:35","slug":"despite-us150-million-loss-airbnb-stays-in-investors-good-books-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/despite-us150-million-loss-airbnb-stays-in-investors-good-books-startupsmart\/","title":{"rendered":"Despite $US150 million loss Airbnb stays in investors\u2019 good books – StartupSmart"},"content":{"rendered":"
\"\"<\/div>\n

 <\/p>\n

Airbnb has closed a $US100 million funding round on the back of strong growth around the world.<\/p>\n

 <\/p>\n

As the Wall Street Journal<\/i> reports, the round maintains the same $US25.5 billion valuation that was placed on the startup with a huge $US1.5 billion round earlier this year.<\/p>\n

 <\/p>\n

It\u2019s in stark contrast to many other unicorns that are seeing their valuations slashed by private investors.<\/p>\n

 <\/p>\n

Airbnb posted revenue of $US340 million for the third quarter, with bookings made through the platform worth $US2.2 billion.<\/p>\n

 <\/p>\n

This means the startup has mostly been taking the full 15% cut of the transactions.<\/p>\n

 <\/p>\n

The figures are nearly double those from last year, with the total nights booked on the platform rising to 23.8 million this year.<\/p>\n

 <\/p>\n

An investor presentation seen by the Wall Street Journal makes no mention of its bottom line though, with the startup expected to post a loss of $US150 million.<\/p>\n

 <\/p>\n

<\/b><\/p>\n

Airbnb is one of many giant startups that are yet to become profitable, with recently leaked documents suggesting fellow unicorn Uber is losing<\/a> $US20 million a year while Snapchat reportedly lost<\/a> $US128 million in the first 11 months of 2014.<\/p>\n

 <\/p>\n

Do you know more on this story or have a tip of your own? Raising capital or launching a startup? Let us know. Follow StartupSmart on<\/i> Facebook<\/i>,<\/i> Twitter<\/i>, and<\/i> LinkedIn<\/i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

  Airbnb has closed a $US100 million funding round on the back of strong growth around the world.   As<\/p>\n","protected":false},"author":2,"featured_media":58404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,8,9,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47676"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=47676"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58404"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=47676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=47676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=47676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}