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venture capital

More Long-Time Employees Leave Airbnb. Can They Create Their Own Startup ‘Mafia’?

By
Cory Weinberg
· · Source: Bloomberg

Sara Adler, who led Airbnb’s corporate development arm under former CFO Laurence Tosi, quietly left the company last month to help run a new venture capital firm called Wave Capital with another former Airbnb employee, Riley Newman, Bloomberg reports. One of the firm’s first startup was founded by another recently departed Airbnb employee, Dan Hill. As we’ve written, Airbnb has seen high...

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