The San Francisco-based company said the number of shares and the price range for the proposed offering haven’t been determined.
Airbnb said late last year that it planned to go public, but its plans were thrown into disarray as the health crisis shut down global travel. The long-awaited move will bring one of the stalwarts of the sharing economy into the public domain, alongside ride-sharing platforms Uber Technologies Inc. and Lyft Inc., and sets up the next few months to be an especially busy time for big IPOs.
LOL... I’ll be sure not to tell anybody about this.
Hopefully they can survive
Potential investors know about their disastrous handling of the cancellation crisis this year - exposed the management for a bunch of shallow yuppies that they are... hope the near death experience has helped them develop the basic skills needed to build a respectable business
This was in order to raise massive funds from new investors. This is to cover losses and any debt taken on to keep them afloat. No other explanation makes sense, to me.
Good decision 👍👍👍
I am a firm believer in this type of business and I will be investing in their IPO at launch.
So confidentially that WSJ covered it. Sure.
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