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PeerStreet Files for Chapter 11 Bankruptcy Protection

PeerStreet Files for Chapter 11 Bankruptcy Protection
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Airbnb s Shiny $100 Billion Valuation and 14 Other Top Travel Stories This Week

Send Throughout the week we are posting original stories night and day covering news and travel trends, including on the impact of coronavirus. Every weekend we will offer you a chance to read the most essential stories again in case you missed them earlier. Can Airbnb Sustain a $100 Billion Valuation? New Skift Research: Thursday was a historic day for Airbnb and the travel industry at large. Airbnb is a excellent business, but is it a $100 billion business? Airbnb Share Price More Than Doubles in First Day of Historic Public Debut: Kudos to Airbnb for a dramatic comeback in its initial public offering. But the valuation, propelled by euphoric investors in a hot IPO market, was divorced from reality.

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