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That cute little Airbnb? Worth $20 Billion!

Paul Heymont 3/2/151:38 PM

Despite picturing itself as the cozy heart of a "sharing economy," Airbnb is really serious Big Business. Right now, it's in the capital markets raising an additional $1 billion in funding—and according to BloombergBusiness, that means its market valuation is about $20 billion!

Among all the recent startups, only Uber is valued higher, at $41 billion. Airbnb's value per room represented is similar to that of major hotel chains.

Much MORE at Bloomberg.

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