Silver Lake and Sixth Street Partners will invest the money into the home-sharing platform in the form of debt and equity, according to Airbnb.
The fresh resources will enable the San Francisco-based company to invest in its community of "hosts" as well as local experiences provided along with stays in homes, according to Airbnb co-founder and chief Brian Chesky.
I am sure they will take some of that and donate it to leftist agenda groups, like Doctors Against Guns in Canada, which they did recently. Rather than sticking to their core business, vacations.
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