Thiel in Talks to Invest in Airbnb at $2.5B Valuation

Online room rental service Airbnb Inc. is in discussions with venture capitalist Peter Thiel about a roughly $150 million investment that would value the company at around $2.5 billion, according to people familiar with the matter.

Airbnb’s existing investors, including Andreessen Horowitz and Sequoia Capital, are expected to also participate in the round, these people said. How the investment might be divided between Mr. Thiel and Founders Fund, a venture capital firm he co-founded, remains unclear. The people added that the terms of the deal are still being negotiated and could change.

Read the rest of this post on the original site »

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »