Airbnb revenue at ipo

Way before Airbnb convinced people to sleep in stranger’s homes and became a $100 billion company, it was just an idea to make some extra money and pay the rent.

It took the founders of Airbnb, and their first guests, to realize that their idea was much larger than expected.

Airbnb ipo underwriters

There were a lot of hurdles at first, but they were able to get through these, and become a dominant player in the market with its Initial Public Offering (IPO) in December 2020.

While the world is struggling due to COVID-19 and the crisis that came along with it, Airbnb decided to take advantage of it and take its final step to go public.

And COVID did hit Airbnb, too, when travel came to a halt. But as things are starting to come back, Airbnb has been able to return as people currently prefer to rent out homes rather than stay in hotel rooms, just to avoid contact with people.

And with this, the business returned, culminating in one of the biggest IPOs of the year.

But how did an air mattress on the floor of a San Francisco house become a great idea for a star