Illustration by ©pawelpiechnik.com

Airbnb – Not going down without a fight

Airbnb’s presence in Berlin took a hard blow in 2014 when the city passed a law banning the unauthorized use of apartments for vacation rentals. The law has a two-year transitional period coming to an end in 2016. Airbnb spent much of 2015 pushing for reasonable legal frameworks and convincing the public that a ban violates fundamental property rights. However, the sharing economy is staying strong – in summer Airbnb has completed one of the biggest private funding rounds ever, raising $1.5 billion, this deal brings the company to a value of $25.5 billion.

Link to the Startup Website: www.airbnb.de

About Airbnb Airbnb is a website for people to list, find, and rent lodging. It has over 1,500,000 listings in 34,000 cities and 190 countries. Airbnb was founded in August 2008 and headquartered in San Francisco, California Read more