Tag Archives: Airbnb

Airbnb acquires ChangeCoin

Commentary

ChangeCoin, the startup that allows people to give and receive tips using bitcoin, has been acquired by Airbnb. The terms of the deal was not disclosed. Founded in San Francisco in 2014, ChangeCoin is a micropayment infrastructure for the Internet. Its first product, ChangeTip, allows people to tip each other using bitcoin via Twitter or Reddit. As part of the deal, Airbnb hired a number of ChangeCoin’s engineers. However, Airbnb did not acquire assets of intellectual property owned by the startup. This indicates the company is not about to incorporate bitcoin transactions in to its payment system.

You can read about the acquisition here.

Top 20 Transactions Deals for December 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $3,500,000,000 Trulia Zillow Transactions Acquisition
2 $1,650,000,000 Mercury Payment Vantiv Transactions Acquisition
3 $1,200,000,000 Uber Consortium Transactions Investment
4 $1,200,000,000 Uber Consortium Transactions Investment
5 $1,000,000,000 Ebates Rakuten Transactions Acquisition
6 $600,000,000 Uber Baidu Transactions Investment
7 $523,500,000 Jobstreet Seek Transactions Acquisition
8 $475,000,000 Airbnb Consortium Transactions Investment
9 $355,000,000 WeWork Undisclosed Transactions Investment
10 $350,000,000 Delivery Hero Consortium Transactions Investment
11 $260,000,000 Ticket Monster Groupon Transactions Acquisition
12 $250,000,000 SurveyMonkey Undisclosed Transactions Investment
13 $250,000,000 GrabTaxi SoftBank Internet and Media Transactions Investment
14 $250,000,000 Lyft Consortium Transactions Investment
15 $225,000,000 AvantCredit Consortium Transactions Investment
16 $210,000,000 Olacabs SoftBank Transactions Investment
17 $200,000,000 Viator TripAdvisor Transactions Acquisition
18 $200,000,000 LY.com Ctrip Transactions Investment
19 $200,000,000 LegalZoom Permira Transactions Acquisition
20 $195,000,000 China South City Holdings Tencent Transactions Investment

More information

  1. Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal (TechCrunch)
  2. Vantiv Buys Mercury Payment From Silver Lake for $1.65 Billion (Bloomberg)
  3. Uber Confirms New $1.2B Funding Round At $40B Valuation (TechCrunch)
  4. Uber Closes $1.2BN Financing Round (FinSMEs)
  5. Rakuten Buys Ebates For $1 Billion (TechCrunch)
  6. China’s Baidu Set To Partner With Uber And Reportedly Invest Up To $600M (TechCrunch)
  7. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  8. Airbnb closes $475 million funding round (Fortune)
  9. WeWork raises $355M at nearly $5B valuation, plans IPO (VentureBeat)
  10. Delivery Hero, Hungry For Growth, Orders Up Another $350M In Funding (TechCrunch)
  11. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  12. With M&A In Mind, SurveyMonkey Snaps Up $250 Million More In Funding (TechCrunch)
  13. GrabTaxi Receives US$250M Investment from SoftBank Internet and Media (FinSMEs)
  14. Lyft Raises $250 Million Series D To Fight The Car Wars (Forbes.com)
  15. Chicago-based AvantCredit announces $225 million in funding (Chicago Tribune)
  16. Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b Club (Economic Times)
  17. Travel Site TripAdvisor To Acquire Viator For Approximately $200M (Forbes)
  18. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  19. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  20. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)

The sharing economy boom

Commentary

In today’s collaborative economy, anything can be shared. From rides to tools, from rooms to home-cooked meals, anything that is worth sharing is now being shared and the surprising thing is, the market is responding positively. Thanks to the recession, today, hundreds of people have realised the value of collaboration and relied on peer-to-peer services to earn or save extra money. Social media and mobile technology have enabled the sharing economy and helped turn startups like Uber and Airbnb into billion dollar businesses. The success of these companies has inspired many startups to aspire to be the next big thing. One of these companies is Rent the Runway. What makes Rent the Runway exceptional is it’s known for being reliable and for its mammoth collection of expensive designer clothes and fashion accessories. The New York-based company boasts that it rents as many as 65,000 dresses, 25,000 earrings, bracelets and necklaces every single day to more than five million members. A $3,000 designer gown can be rented for as low as $70 on the site. Some clothes can go as low as $30 per rental. With very affordable rates, how couldn’t Rent the Runway have a five million customer base? The company recently announced a $60 million round of Series D funding led by Technology Crossover Ventures, with participation from Bain Capital Ventures, Highland Capital Partners, and Advance Publications, Inc. The latest investment brings the company’s total funding to $114.4 million.

Top 20 Transactions Deals for November 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $3,500,000,000 Trulia Zillow Transactions Acquisition
2 $1,650,000,000 Mercury Payment Vantiv Transactions Acquisition
3 $1,200,000,000 Uber Consortium Transactions Investment
4 $1,000,000,000 Ebates Rakuten Transactions Acquisition
5 $523,500,000 Jobstreet Seek Transactions Acquisition
6 $475,000,000 Airbnb Consortium Transactions Investment
7 $350,000,000 Delivery Hero Consortium Transactions Investment
8 $260,000,000 Ticket Monster Groupon Transactions Acquisition
9 $250,000,000 Lyft Consortium Transactions Investment
10 $210,000,000 Olacabs SoftBank Transactions Investment
11 $200,000,000 LegalZoom Permira Transactions Acquisition
12 $200,000,000 LY.com Ctrip Transactions Investment
13 $200,000,000 Viator TripAdvisor Transactions Acquisition
14 $195,000,000 China South City Holdings Tencent Transactions Investment
15 $165,000,000 Houzz Consortium Transactions Investment
16 $150,000,000 Houzz Undisclosed Transactions Investment
17 $140,000,000 Kobalt Music Group Consortium Transactions Investment
18 $135,000,000 Pluralsight Consortium Transactions Investment
19 $128,756,800 Momondo Group Great Hill Partners Transactions Investment
20 $125,136,000 Klarna Consortium Transactions Acquisition

More information

  1. Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal (TechCrunch)
  2. Vantiv Buys Mercury Payment From Silver Lake for $1.65 Billion (Bloomberg)
  3. Uber Closes $1.2BN Financing Round (FinSMEs)
  4. Rakuten Buys Ebates For $1 Billion (TechCrunch)
  5. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  6. Airbnb closes $475 million funding round (Fortune)
  7. Delivery Hero, Hungry For Growth, Orders Up Another $350M In Funding (TechCrunch)
  8. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  9. Lyft Raises $250 Million Series D To Fight The Car Wars (Forbes.com)
  10. Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b Club (Economic Times)
  11. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  12. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  13. Travel Site TripAdvisor To Acquire Viator For Approximately $200M (Forbes)
  14. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  15. Houzz Raises $165M Series D Funding Round Led By Sequoia To Fuel International Expansion (TechCrunch)
  16. Home Deco Site Houzz Raises $150M At A $2.3B Post-Money Valuation (TechCrunch)
  17. Kobalt Raises $140M To Scale Up Its Digital Royalty Collection Business (TechCrunch)
  18. Pluralsight Closes $135M Series B Funding (FinSMEs)
  19. Momondo Group raises £80 million from Great Hill Partners (TNOOZ)
  20. Klarna Raised €90M to Acquire SOFORT (FinSMEs)