Will Peter Thiel Pour $150M into Airbnb?

Peter Thiel, the PayPal co-founder and Facebook Inc.'s first outside investor, is close to investing roughly $150 million in Airbnb in a deal that would value the lodging rental start-up at about $2.5 billion, according to people familiar with the matter. Details of the investment round, which has not yet closed, was first reported by the Wall Street Journal on Friday, Reuters wrote. The deal, if completed under the reported terms, would make Airbnb one of the Silicon Valley's most highly-valued private companies just four years after the company was founded by a trio of graduates from the Rhode Island School of Design and Harvard.

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