Airbnb continues to hit bumps in Japan, which now forces most would-be hosts to register with the government before they start. Airbnb has had to halt thousands of listings and start a $10 million fund to help travelers recoup costs from canceled reservations, pointing fingers at the Japanese government for blindsiding the San Francisco company. The Wall Street Journal reported Monday that the...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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