AirBnB

[specuvestor]

Personally I think AirBnB, together with ride sharing, is one of the few sharing economy that makes sense, because there is ownership of the asset. Their timing for IPO was just off... if they did it end of 2019 or beginning 2020 would have been perfect

Maybe too greedy

Airbnb plans stock market splash in 2020

Anirban Sen
SEPTEMBER 19, 2019 / 9:23 PM

(Reuters) - Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile names to tap the stock market next year.

In a short statement posted on its website on Thursday, Airbnb did not give any details on how it plans to list its shares, although it is widely expected to take a direct-listing route.

A direct listing to go public is a process in which no new shares are created and helps companies save millions of dollars in underwriting fees.

This year has marked the stock market debuts of several high-profile companies, including Uber and Lyft Inc, but their shares have fared poorly after the launch, amid investor skepticism over their path to profitability.

WeWork owner The We Company has also delayed its initial public offering, walking away from preparations to launch it this month after a lackluster response from investors.

Market experts though have said Airbnb might receive a warmer reception from investors when it debuts, considering that its financials looked more stable than recent internet unicorns that have gone public.

More details in https://www.reuters.com/article/us-airbn...SKBN1W41Z7