TPG Capital could lead Airbnb investment round valuing business at $10bn

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house5_sqPrivate equity firms including TPG Capital are reportedly in advanced talks to inject funds into online home rental marketplace Airbnb which could see the company valued at $10bn.

The funding round is likely to be led by TPG according to the Wall Street Journal, which said the total investment could exceed $400m.

Airbnb is one of Silicon Valley’s most successful startups of recent years, providing rental listings from people looking to rent out all or part of their own homes and properties over a range of time periods.

Existing backers include venture capital firms Andreessen Horowitz and General Catalyst, which stand to make significant returns when they exit the company.

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