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Airbnb IPO? 13 Things for Investors to Know

An Airbnb IPO is in the works, but possible investors can calm down as it’s still a ways off.

Airbnb IPO? 13 Things for Investors to Know

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Here’s what to know about the Airbnb IPO news.

  • Airbnb announced on Thursday that it is intending to become a publicly-traded company.
  • It says that this will happen sometime in 2020.
  • However, it did not go into any more details about the plans.
  • This includes not saying if it has made a filing with the U.S. Securities and Exchange Commission to go public.
  • An Airbnb IPO has been talked about before, but never with any hard details.
  • This includes comments earlier this year from cofounder Nathan Blecharczyk.
  • Blecharczyk said in March that the company was preparing for an IPO, but that it didn’t know if it would go public this year.
  • It’s possible that legal troubles are what is keeping an Airbnb IPO from happening sooner.
  • There have been issues with its short-term home and apartment rental service in New York City.
  • NYC doesn’t allow for these types of rentals, but that hasn’t stopped people from using the service in the city.
  • As a result, Airbnb has been caught up in legal battles about the use of its service in the area.
  • Some anonymous investors in Airbnb say it wants to get this sorted out before it moves froward with an IPO.
  • When the Airbnb IPO does take place, it may be through a direct listing, which was rumored earlier this year.

You can follow these links for more information about the Airbnb IPO.

As of this writing, William White did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media, https://investorplace.com/2019/09/airbnb-ipo-things-to-know/.

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