Airbnb raises $1B at $31B valuation, became profitable in 2016

Re:Airbnb raises $1B at $31B valuation, became profitable in... by rpearl on Thursday March 09, 2017 @03:16PM (#13833066)

Dropbox and AirBnB have already been private for almost 10 years! (Palantir - 13!, Uber - 8)

I was at Dropbox for a while and left in no small part because of the frustrating lack of potential liquidity on my equity.

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Re:Airbnb raises $1B at $31B valuation, became profitable in... by chii on Thursday March 09, 2017 @08:41PM (#13835630)

i expect companies that remain private while dangling equities for it's employees to create an opportunity for them to sell privately - e.g., a liquidation event, where the buyer is an investment/VC firm that wants in. It's good for both parties - employees get a liquidation event, the VC gets foot in the door, and founders aren't diluted.

I guess, though, in this case, the employee is the party without power, as they are offered a price (which is probably lowballed, since they don't have a choice) in a take it or leave it fashion...

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Re:Airbnb raises $1B at $31B valuation, became profitable in... by trustfundbaby on Thursday March 09, 2017 @06:10PM (#13834716)

wow ... did you give up all your vested options? or at least buy a bit of them?

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Re:Airbnb raises $1B at $31B valuation, became profitable in... by rickcnagy on Thursday March 09, 2017 @06:00PM (#13834644)

I don't know, something feels off about Palantir being around for 6227020800 (13!) years...

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