sitemaps.org/schemas/sitemap/0.9/sitemap.xsd BrandArena: Airbnb Plans to go Public through Direct Listing

Thursday 3 October 2019

Airbnb Plans to go Public through Direct Listing

Online room rental company, Airbnb has announced plans to go public in 2020 by direct listing in order to avoid the high cost of an initial public offering.

In a direct listing, companies are not required to pay millions in fees to investment banks. This is because they are not issuing new shares and are not raising any new capital. They instead let the market dictate the price.

In March, Airbnb cofounder Nathan Blecharczyk cast doubt on whether the company would go public any time soon, but had hinted that it was taking steps towards an initial public offering.

The startup which was last privately valued at $31 billion. According to Bloomberg, AirBnB is in a better financial position than some of the other unprofitable unicorns that have gone public before.

Most tech firms have often taken the latter as their preferred method to open themselves to public market. Tech startups Zoom, Slack, PagerDuty, CloudFlare, and Pinterest went public in 2019 and are currently trading above their IPO price.

Only time will tell if AirBnB’s relatively better finacials will sustain the company’s value in the public market.

2 comments:

  1. customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995

    ReplyDelete
  2. customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995
    customer care number
    .7047278327..7047309283..7602968995

    ReplyDelete