Airbnb and DoorDash are expecting higher than estimated valuations in two of the most anticipated market debuts this year, the Wall Street Journal reported.
DoorDash is seeking a valuation between $25 billion to $28 billion, up from a previous estimate of $25 billion.Visit Business Insider's homepage for more storiesAirbnb and DoorDash plan to target higher valuations for their December IPOs, as the technology sector continues to attract billions in investor flows, theAirbnb is seeking a target range of around $30 billion to $33 billion ahead of its Tuesday investor roadshow, the WSJ said, citing sources.
$ABNBs 'resilient recovery' and 'miraculous $219M Q3 Profit' S-1 figures only cover up to Sept 30. Since then, platform has again been battered w/ cancellations due to devastation of 2nd waves worldwide. Hosts now being told payouts delayed due to 'massive cancellations' $33B.
Did you know the original Airbnb site was launched on the domain AirBedAndBreakfast(.com)? In March 2009, the name was shortened to Airbnb(.com). DoorDash first launched as Palo Alto Delivery and officially changed its name to DoorDash in 2013, on the matching DoorDash(.com).
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How is Airbnb still operating in a COVID world
this is terrible news
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