The Latest

From left: Sanjay Banker, Francis Davidson, Satyen Pandya and Christian Hempell (LinkedIn; Skift; Sonder)
National

VC-backed Sonder beefs up executive suite

Sonder, a VC-backed hospitality startup, is beefing up its C-suite as it looks to move past a volatile few months for the travel industry. The San Francisco-based company, which leases apartments and turns them...

VC-backed Sonder beefs up executive suite
Jamie Cohen and Vacasa CEO Matt Roberts (Photos via Vacasa; Bussiness Wire)
National

Vacasa hires new CFO to lead “next stage of growth”

Vacation rental startup Vacasa has hired a new CFO with IPO experience, as the company lays the groundwork for...

Vacasa hires new CFO to lead “next stage of growth”
Warburg Realty's Clelia Warburg, Breather's Brian Murphy and InstaClosing's Peter Zinkovetsky (iStock)
National

Proptech’s winners and losers in 2020

It’s been a year of extreme highs and extreme lows in the proptech industry. While startups offering catering to digital transactions surged, co-working and flex-office spaces struggled with a sharp drop in business, as...

Proptech’s winners and losers in 2020
From left: Airbnb founders Nathan Blecharczyk, Brian Chesky and Joe Gebbia (Airbnb, iStock)
National

Airbnb share price more than doubles on first day of trading

UPDATED, Dec. 10 2020, 5:50 p.m.: Airbnb’s stock shot up on the short-term rental company’s first day of trading,...

Airbnb share price more than doubles on first day of trading
Airbnb CEO Brian Chesky (Getty)
National

Airbnb now targeting $42B valuation for IPO

Airbnb is going even bigger for its IPO. The home-rental company wants to boost the proposed share price, which would give it a valuation of as much as $42 billion, according to Bloomberg. Airbnb...

Airbnb now targeting $42B valuation for IPO
Airbnb CEO Brian Chesky (Getty; iStock)
National

Airbnb targets as much as $33B valuation for IPO

Airbnb executives plan to target a higher-than-expected valuation range of as much as $33 billion for its initial public...

Airbnb targets as much as $33B valuation for IPO
Domio's CEO Jay Roberts and Chief Strategy Officer Adrian Lam (Photos via Domio)
National

Short-term rental operator Domio shuts down

Short-term rental operator Domio is reportedly going out of business. The startup, which was founded in 2016, will shut down and sell its assets through an assignment for the benefit of creditors, with Sherwood...

Short-term rental operator Domio shuts down
Airbnb CEO Brian Chesky (Getty)
National

Inside Airbnb’s IPO pitch

Airbnb is pitching investors with a story of resilience, despite steep losses and an uncertain path to profitability. The S-1 prospectus of the home-share startup was made public Monday, 12 years after the company...

Inside Airbnb’s IPO pitch
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