Monday, 28 October 2013
TechCrunch Disrupt, breaking funding news from a year ago!
While on-stage at Disrupt Europe, Airbnb co-founder and CTO Nate Blecharczyk confirmed for the first time that the company raised a $200 million round about a year ago, and that the round was led by Founders Fund. (A spokesperson confirmed that previous investors also participated.) Blecharczyk added that this was Founders Fund's largest investment at the time.
Back in October 2012 we wrote that the company was raising a $200 million round with a valuation of $2.5 million.
Asked why the team hadn't confirmed the funding reports until now, Blecharczyk said that Airbnb is a consumer company, so sharing “big numbers” about funding doesn't really help the company grow.
