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Airbnb Raises $112 Million Funding Round
- nathanbarry 15y agoThat is an incredible amount of money. Though I may not agree with raising that much, I am really excited to see what they do with it!
- fraserharris 15y agoOnce you've nailed your customer acquisition strategy & costs, you pour on the gas. $112M is an awful lot of gas. airbnb is offering $25 for friend referral. Assuming $100 / night @ 3%, and a 50% profit margin -> it takes 16.6 nights to break even. Average time to 16.6 nights? 1 - 2 years?
- dsmithn 15y agohttp://news.ycombinator.com/item?id=2801332 http://news.ycombinator.com/item?id=2801332