Tag: brian chesky
Why is Eugene Kaspersky funding a travel accelerator during COVID-19?
Eugene Kaspersky made a name for himself in cybersecurity as CEO of Kaspersky Labs, but the Russian security expert has a new passion project: he’s funding an online accelerator that aims to support entrepreneurs who are building travel and tourism startups. Businesses that apply must have a focus on Russia,…
Read More
Is it better to be a private or public company right now?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Every week we write this post with some opening line akin to wow, what a week, huh? This is yet another one of those weeks. Perhaps this is just life now, and every week will…
Read More
Airbnb ups its debt by $1BN amid the coronavirus travel crunch
Airbnb has secured commitments of $1 billion for a syndicated term loan from institutional investors, it said. The emergency cash injection comes as the coronavirus travel freeze continues to hammer vacation rentals, with holidaymakers locked down at home and global travel banned or heavily discouraged for public health reasons. Neither…
Read More
Airbnb turns to private equity to raise $1 billion
Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic. Terms of the deal were not disclosed. It’s unclear how this…
Read More