Airbnb plans to sell 50 million shares in an initial public offering that could give the home-rental company a valuation of as much as $35 billion. The San Francisco startup said it expects an offering price of between $44 and $50 a share.
@WSJ Get ready penny stock traders! Your next venture is about to IPO!
@WSJ Does NO ONE remember the DotCom burst in the 90's?
@WSJ How on Earth can a broker-business be worth a staggering $35B? Does it earn a solid $3B a year? I don't think so. It's amazing that venture capital can get away with this over and over...
@WSJ Seeking a $35b valuation, while at the same time, telling hosts - yet again - that their payouts for current (and completed) bookings are being "delayed" due to "massive cancellations"
Why? Surely $ABNB aren't using host payouts to fund unrelated guest refunds? Or are they.. ??
@WSJ Since Facebook DISABLED our group as soon as it hit 200k members, we have re-grouped, please follow this link to rejoin/join👇