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» AirBnB looking to raise $3B in Dec 2020 IPO
  1. Results 1 to 3 of 3
post 1618475881 10-05-2020, 09:37 AM
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#1
  1. SultanofBling
  2. Mean & Green
  1. SultanofBling
  2. Mean & Green
  3. Join Date: Aug 2020
  4. Posts: 6,968
  5. Rep Power: 17762

AirBnB looking to raise $3B in Dec 2020 IPO

Bull or bear market? This some craziness -- especially on the wake of Neumann's WeWork debacle
Airbnb plans to raise roughly $3 billion in an initial public offering slated for December, Reuters reported Friday.
The multibillion-dollar target sets the home rental company up for one of the biggest market debuts of the year, joining Snowflake and Palantir as firms to hold massive IPOs amid the coronavirus pandemic. The offering's timing is still subject to change, sources told Reuters.
The deal could set Airbnb's valuation at more than $30 billion, well above the private-market valuation of $18 billion the company received in April.
Airbnb filed confidentially for an IPO in August with US regulators and aims to make its filing public in November, according to the report.
https://markets.businessinsider.com/...10-1029645145#
None of the above constitutes legal advice nor should be interpreted as such.
post 1618475981 10-05-2020, 09:39 AM
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#2
  1. lsiberian
  2. Banned
  1. lsiberian
  2. Banned
  3. Join Date: Sep 2008
  4. Location: Fort Worth, Texas, United States
  5. Age: 43
  6. Posts: 18,408
  7. Rep Power: 0
Probably a good bye
post 1618476001 10-05-2020, 09:39 AM
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#3
  1. HYDRAE
  2. Verified ✔
  1. HYDRAE
  2. Verified ✔
  3. Join Date: Dec 2009
  4. Posts: 16,247
  5. Rep Power: 67827
lol - $30 Billion valuation? hard pass.
“The Misc. is a stone-faced Uncle Sam with Popeye’s forearms and a cocked pistol in each hand. It’s a screeching bald eagle with a foreign Bad Thing in its talons. It’s everything that defines America’s bro culture, magnified and weaponized. But it’s deeper than that.“
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