Airbnb will pay more than 10% interest on the $1 billion it just borrowed from investors, a sign of the travel startup’s desperation amid the coronavirus pandemic. The San Francisco-based firm also promised to strengthen its leadership in return for the cash, reports the Wall Street Journal, citing sources familiar with the matter. [Read: How location-tracking apps could stop the spread of coronavirus] Airbnb announced Monday that major tech-focused hedge funds Sixth Street Partners and Silver Lake would contribute the funds, as government-imposed lockdown measures around the world had gutted its business model and brought the travel industry to a screeching halt.…

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