Silicon Valley Private Equity Gives Lifeline to Airbnb
Posted on 04/06/2020
Silver Lake Partners and Sixth Street Partners plan to invest US$ 1 billion in a mixture of debt and equity in Airbnb. Silver Lake and Sixth Street are new investors to Airbnb. The interest rate on the debt is more than 10%. In early March 2020, Airbnb lowered its internal valuation to US$ 26 billion, […]
