By Amber Deter An Airbnb IPO is coming to the markets. After multiple reports over the last year, the company confirmed it’s back on track to go public. And hopefully within the year.
But is Airbnb stock a good investment? Here’s what we know…
Airbnb IPO: The Business
CEO Brian Chesky founded AirBnb in 2008 with Joe Gebbia and Nathan Blecharcyzk. It’s an online vacation rental company based in San Franciso, California. The company works with local hosts to offer lodging and activities around the world. This allows locals to profit from hospitality while contributing to their local tourist economy.
According to the company site:
7 million listings
220+ …read more
