Airbnb in talks to raise funding at a $10 billion valuation(online.wsj.com)
online.wsj.com
Airbnb in talks to raise funding at a $10 billion valuation
http://online.wsj.com/news/articles/SB10001424052702303802104579451022670668410
1 comments
$10 billion valuation for a company based on asking people to blatantly break legal agreements or the local law. I bet a huge part of that raise is for lobbying and legal. Im not saying AirBnB shouldn't have better legal standing BTW, but they are operating in a huge grey area.
Most truly revolutionary companies have some "gray areas." The hard part is navigating them smartly and coming up with a clean solution.