Just over a year ago, Lyric was riding high. On the heels of a $160 million funding round led by Airbnb, the short-term rental startup was plotting a massive expansion in the spring of 2019. Employees mused about buyouts and stock options. “It was a big deal,” said a former Lyric executive who asked not to be named. “We were depending on a fundraise to grow the company, plus to have a big and well-known
source https://therealdeal.com/2020/07/17/airbnb-banked-on-short-term-rentals-can-it-continue-without-them/
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