AirBnb Is Going Public šŸ˜

AirBnb Is Going Public Ā 

AirBnB is coming. It submitted a confidential draft registration last night to list on a stock exchange. Itā€™s the vacation rentalā€™s financials that are being kept under locks, and while thatā€™s not a good omen, it might just allow the business to rebuild in private before we all invest.

AirBnb has turned into AirBnBroke this Spring. It laid off 25% of its workforce as the pandemic decimated travel trends. There are still few people wishing to live in other peopleā€™s homes, and a lot of hosts are getting repossessed. The timing of this IPO is suspect.

If a business lists on the stock market, itā€™s doing so to raise money from first-time investors, and to cash out insiders and investors from earlier funding rounds. AirBnB doesnā€™t need cash for exciting investment opportunities because there arenā€™t any in the covid era. AirBnB needs cash from this IPO to stay alive.

This is the best case scenario. Itā€™s that or insiders know the business is mortally wounded already, and that itā€™s now or never for them to squeeze out a payday. Who knows? The industry might perk up before they get round to listing.

AirBnB is telling the investing world to cobble together some lose change and get ready for the stock weā€™ve all been waiting for. It will be 4-6 weeks from now until an S-1 form is released showing AirBnBā€™s financials and strategy. It will then be in 2021 that AirBnB is listed on the New York Stock Exchange under ticker; BNB. Will you be going long or short?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:

More Posts

Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr VisaĀ® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.