But there are lots of reasons to go public, including pressure from employees (shares held by early employees will expire this year). But another big motivation is the fact that Airbnb has rebounded ...
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. Airbnb, the longtime travel ...
We retain our view that Airbnb ABNB is positioned to extend its leading alternative accommodations network (source of its narrow moat) and grow into one of the industry’s leading experiences platforms ...
Brian Chesky was distraught. The CEO of Airbnb (ABNB) was addressing his company’s 7,500 employees on a May 5, all-hands call. Chesky – known for his upbeat attitude and perennial optimism – found ...
Who would have thought that the biggest IPO of COVID-plagued 2020 would be a travel company? Airbnb just proved that even a global pandemic can’t stop its booming booking business, even if people aren ...
Airbnb has become 2020's biggest IPO after opened for trading at $146 on Thursday, well above its initial share price of $68 apiece on Wednesday evening. But the company's plans to go public were ...
After months of waiting and weathering a pandemic that has decimated the travel and lodging industries, short-term rental giant Airbnb finally went public Thursday, pricing its initial offering at $68 ...
2020 felt cursed. It clobbered us with one catastrophe after another (e.g., the worst pandemic in a century, economic collapse, social unrest and a bitter election.) Chances are, your phone buzzed ...
Global IPO markets have been running hot in 2021, setting new records in terms of volume and proceeds. One of the best predictors of future performance is past performance. Investors interested in how ...