Airbnb Closes $1 Billion Funding Round

The transcript discusses a company's billion-dollar closing, highlighting its capital-intensive nature and profitability goals. It explores the company's investment strategies, including acquisitions like Luxury Retreats, and its vision to expand travel services. The company is also eyeing expansion in China and is compared to other tech startups in terms of valuation. The discussion touches on the company's potential IPO and its ability to remain in private markets.

What was the company's financial achievement in the second half of 2016?

• They expanded into a new market.

• They launched a new product line.

• They doubled their revenue.

• They became profitable for the first time.

How is the company planning to use its billion-dollar funding?

• To acquire other companies.

• To pay off debts.

• To increase marketing efforts.

• To develop new technology.

What type of services did the company launch in November?

• Add-on travel services.

• Luxury car rentals.

• Online booking platform.

• Business consulting services.

Which country is the company considering for expansion this year?

• China

• Brazil

• Germany

• India

How does the company's valuation compare to Uber's?

• It is significantly lower than Uber's.

• It is slightly lower than Uber's.

• It is equal to Uber's.

• It is higher than Uber's.