Airbnb files for IPO

AirBnB has filed its prospectus for a public listing.

It may raise anywhere between $1 – $3 billion, giving it a market cap in the vicinity of $35 billion.

Understandably, selling shareholders will receive some of those proceeds.

In 12 years as a private company, Airbnb has already raised $6 billion.

Did you know that Apple, Amazon, Google and Microsoft raised a combined $45 million while they were private companies?

November 20, 2020

by Rob Zdravevski

rob@karriasset.com.au

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