AirBnb IPO

Emailed on August 14, 2020 in The Friday Forward

Airbnb is reportedly planning to file confidentially its paperwork to go public later this month, according to the WSJ.

  • CEO Brian Chesky has told just about every news outlet in recent weeks that going public this year is again an option (and, as Axios reported, internal preparations resumed recently).

  • Plus, some employee stock grants expire later this year, so Airbnb is truly in a crunch.

  • The big question remains: IPO or something else? A direct listing has been a rumored path for Airbnb (and direct listing go-to firms Morgan Stanley and Goldman Sachs are indeed in charge).

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Sean Steigerwald