We are privileged to be working with Air Bnb to help spread awareness and to generate early investment leads for their forthcoming IPO announcement in early 2020.
$31 billion Airbnb announces plans to go public in 2020
With already disrupting the hotel market, Airbnb is expected by many to make enormous movements in the IPO markets this coming year. The home-sharing rental startup was last privately valued at $31 billion in September 2017, according to PitchBook.
Under normal circumstances the public don’t get the opportunity to purchase shares prior to the stock market listing as they are reserved for the world’s largest banks and institutions.
Airbnb in High Demand
The home-sharing company is among the most valuable closely held companies, with a valuation of $31 billion as of March 2017.
Also, Airbnb is one of the most highly anticipated IPOs in recent years.
Tech Start Up GIANT
Tech startups Zoom, Slack, PagerDuty, CloudFlare, and Pinterest went public in 2019 and are currently trading above their IPO price.
Airbnb has already made its CEO Brian Chesky one of the richest tech founders in America, and the company’s origin story is a quintessential rags-to-riches tale of success in Silicon Valley.
Airbnb’s initial public offering has been heavily anticipated by Wall Street. In November, former Amazon vice president Dave Stephenson joined Airbnb, feuling the market’s hopes that the company was preparing to go public.
As of April 2019, there were a total of more than 150 million users on Airbnb.
Since it’s launch, it has hosted 500 million guests.
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