Airbnb authorizes $153 million more funding

FILE - In this April 19, 2016 file photo, Airbnb co-founder and CEO Brian Chesky speaks during an announcement in San Francisco. Airbnb on Thursday, Sept. 8  apologized for its slow response to accusations of racism and outlined new policies to combat the problem, including reducing the prominence of photos in the booking process. "We have been slow to address these problems, and for this I am sorry," said Chesky in a message published on the vacation rental website's blog. (AP Photo/Jeff Chiu, File) A new Delaware filing for Airbnb, identified by CB Insights, suggests that the travel service has authorized another $153 million in Series F shares. This implies that they might be raising an extension to their financing $555 million round from a few months back. The filing prices the shares at $105, consistent with the latest round, which was said to be about a $30 billion valuation. Uber is… Read More

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