Airbnb has secured $1 billion in debt and equity from private equity firm Silver Lake and Sixth Street Partners, a lender that spun out from TPG. The deal, announced by Airbnb on Monday, gives the travel giant a financial cushion to recover from the massive impact of the coronavirus. It wasn’t immediately clear at what valuation Airbnb sold shares, and whether the deal comes with conditions that...
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Creator Economy Venture Capital Startups
Crypto Leads Fourth Straight Drop in Creator Funding
On Wednesday, we published a quarterly update to our Creator Economy Database. We’ve now tracked four consecutive quarterly decreases in investments in creator startups—a downbeat sign for founders who had become used to seemingly unlimited check-writing over the last two years. Here are some other takeaways: Investors’ enthusiasm in crypto has plummeted: Creator startups that incorporate...
Heads of FBI, MI5 Issue Joint Warnings Over Chinese Espionage
Salesforce Sees Spate of Tableau Exec Departures
U.K. Announces Antitrust Probe into Microsoft’s Activision Purchase
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