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Airbnb

Press Reports: Latest Airbnb Financing Round Values Company at $10 Billion

Venture Capital Math:  Does the Start-Up Whole Equal the Sum of Its Parts? If I sold you 4% of my start-up company for $40,000, does that make my company worth $1 million? By Silicon Valley math, the answer is “yes.” Now, add three zeroes, and you have the (tenuous) case for lodging start-up Airbnb being...
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Manhattan’s $3 Billion Ghost Tower

1st Home?  Try, 2nd (or 4th) According to the developer of 432 Park, there are already signed contracts for nearly $1 billion worth of apartments at the building; total sales are expected to surpass $3 billion. About half the buyers are foreigners; only about a quarter of the units will be occupied at any one time....
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