Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ Valuation

Re:Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ V... by spicyj on Monday May 30, 2011 @02:52PM (#2600130)

Why are you more likely to be able to accurately judge a startup than other potential investors?

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Re:Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ V... by pg on Monday May 30, 2011 @04:07PM (#2600286)

I have so much more data. I've been watching their trajectory for 4 months, while other investors (especially those that chose not to invest) may only have seen them for a few minutes at Demo Day.

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Re:Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ V... by robg on Monday May 30, 2011 @06:01PM (#2600554)

But without something as quirky as the cereal story, you would have rejected them?

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Re:Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ V... by pg on Tuesday May 31, 2011 @01:29AM (#2601469)

No. We liked them as people. The cereal story was just evidence of the qualities we sensed when we met them.

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Re:Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ V... by bane on Monday May 30, 2011 @04:09PM (#2600295)

Many investors view a company based on how much of a multiplier it can offer them on their investment. Is this a 2x money maker for me or a 10x? If I'm only interested in the 10x home runs then a 2x company may look like a bad idea to me.

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Re:Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ V... by palish on Monday May 30, 2011 @03:52PM (#2600251)

Most investors want to play it safe. YC wants founders to succeed. Sure, there's money in it for them, but that's not why they're doing it.

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