Why would VC's give Airbnb such much idle cash. 5.3 Billion in cash reserves is ~56 years of their current earnings.
Couldn't VC's take some of that money and invest elsewhere and get better returns on the cash than it sitting unused in a company?
Couldn't VC's take some of that money and invest elsewhere and get better returns on the cash than it sitting unused in a company?
2. VCs want to own parts of a valuable, growing business. It’s probably doing more good as Airbnb shares, dollar per dollar, than any other private company.