Thursday 28 July 2011

Cash Strapped Entreprenuer - Airbnb?

When your a Start-up business, finance can sometimes be hard to come by and the expenses are likely to escalate. This also goes for larger businesses but consider cutting your accommodation costs when travelling and have a little fun with Airbnb.com. Airbnb are a marketplace for spaces around the world which handles the bookings and financial transactions for users.

Founded in 2007 after a local event was coming to town which they thought they should offer their place for people to stay. The company now offers places in over 16,000 cities in 186 countries and has even had an igloo rented out. The marketplace for property has an iPhone application with over 160,000 downloads since November 2010. This company has raised nearly $120 million after recently announcing their latest $112m series B funding.

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