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Airbnb is worth more than the 3 largest hotel chains combined after its stock popped 143% on its first day of trading

Airbnb closed at $144.71 on Thursday, giving it a valuation of $86.5 billion. Marriott, Hilton, and…

Tyler Sonnemaker   


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Airbnb seeks to raise $2.6 billion in its mid-December IPO, giving it a valuation of up to $35 billion

The home rental company plans to list about 50 million shares at between $44 to $50 per share, acco…

Shalini Nagarajan   


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Airbnb IPO will get treated better by the market than before the pandemic as competition gets 'handicapped' by crisis, Prof Damodaran says

"These capital-light companies are being rewarded because their competition is being so badly punis…

Emily Graffeo   


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Airbnb declines takeover by billionaire investor Bill Ackman's 'blank check' company, report says

The home-rental giant said it still preferred entering public markets through a traditional IPO, Bl…

Ben Winck   


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Airbnb and DoorDash plan to target higher valuations for their December IPOs, report says

Airbnb plans to target a valuation between $30 billion to $33 billion, higher than its previous est…

Shalini Nagarajan   


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Airbnb approves 2-for-1 private stock split as share value rips higher, report says

The stock split would make it easier for retail investors to participate in Airbnb's IPO because of…

Shalini Nagarajan   


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Airbnb's 3 cofounders shed a combined $9 billion in net worth after stock plunges 24% from IPO peak

Brian Chesky, Nathan Blecharczyk, and Joe Gebbia have seen their fortunes shrink by about $3 billio…

Theron Mohamed   


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A legendary venture-capital firm bought Airbnb shares for $0.01 each in 2009

Sequoia Capital spent $585,000 for 58 million shares in the home-rental platform less than a year a…

Theron Mohamed   


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Airbnb and DoorDash sink as analysts turn skeptical of massive IPO rallies

DA Davidson and Gordon Haskett downgraded DoorDash and Airbnb, respectively. The firms said both st…

Ben Winck   


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Shalini Nagarajan   


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Insider Today: IPOs' make-or-break moment

Chip design firm Arm's upcoming IPO comes at a critical time for the public markets. Meanwhile, App…

Dan DeFrancesco   


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Brian Evans   


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Airbnb IPO could be the 'steal of the century' if people keep switching from hotels to homes, Jim Cramer says

"This turns out to be another one of those forever-changed businesses that's actually benefiting fr…

Theron Mohamed   


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Warren Buffett admires Airbnb but won't be a user, he said 3 years before it filed to go public

"The truth is, at my age and with my habits I'm not going to be doing an Airbnb thing," the famed i…

Theron Mohamed   


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Warren Buffett kicked himself for not inventing Airbnb: 'I wish I'd thought of it'

The famed investor met Airbnb CEO Brian Chesky for lunch in 2014, spurring the founder to type up a…

Theron Mohamed   


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3 mins read

Warren Buffett advised Airbnb CEO Brian Chesky to 'get rich slow.' The home-sharing platform just filed to go public during a pandemic.

Chesky cut costs, raised cash, and slashed Airbnb's workforce this year as lockdowns and travel res…

Theron Mohamed   


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TPG surges 14% in public debut after first major IPO of the year values the private equity giant at $10 billion

The firm priced its IPO at $29.50 per share, selling 33.9 million shares to raise about $1 billion …

Matthew Fox   


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Instacart's stock falls below the IPO price. Here are 7 reasons why.

An analysis of Instacart's lackluster IPO performance and its tough grocery delivery business model.

Alistair Barr   


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Watch Airbnb CEO Brian Chesky's speechless reaction to finding out Airbnb's expected opening stock price more than doubled ahead of trading

Airbnb's stock is expected to open so high, it left CEO Brian Chesky speechless during an interview…

Avery Hartmans   


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The rise of Airbnb CEO Brian Chesky, who got his start renting out air mattresses on his floor and is now headed toward a highly anticipated IPO

The now 39-year-old CEO majored in industrial design in college, and dabbled in hockey and bodybuil…

Avery Hartmans,Paige Leskin