plans on filing for an initial public offering this month, according to a report from
Subscribe to the Crunchbase Daily
It鈥檚 big news, as the short-term home rental company was arguably 2020鈥檚 most anticipated tech IPO. But then the COVID-19 pandemic was declared in mid-March, throwing the economy for a loop–especially hammering the travel industry. Airbnb was affected, raising questions if the company would go through with an IPO after all.
Now a public debut will reportedly still be happening this year. And with Airbnb鈥檚 valuation at $18 billion (per the Journal, and down from an earlier valuation of $31 billion) it would be among a small group of companies to go public with such a high valuation in the last five years.聽
Since 2014, there have only been five U.S.-based venture-backed companies with initial post-public valuations of $10 billion or more*. Those companies were more or less household names: , , , and .
*Post-IPO valuation reflects valuation before shares begin trading.
: $24.7 billion
IPO Date: May 9, 2019
Valuation At IPO: $82.4 billion
IPO Share Price: $45
: $4.9 billion
IPO Date: March 29, 2019
Valuation At IPO: $24 billion
IPO Share Price: $72
: $1.4 billion
Direct Listing Date: June 20, 2019
Valuation: $23 billion
Reference Price: $26聽
: $1.5 billion
IPO Date: April 18, 2019
Valuation At IPO: $12.7 billion
IPO Share Price: $19
: $4.9 billion
IPO Date: March 2, 2017
Valuation At IPO: $33 billion聽
IPO Share Price: $24
We can鈥檛 really speculate what Airbnb鈥檚 IPO will look like. There鈥檚 still a lot of uncertainty in the world with COVID-19, and that could affect the company鈥檚 plans or the public market鈥檚 reception to Airbnb. We鈥檒l have more when we can get a look at the company鈥檚 S-1 registration document.
Illustration: Li-Anne Dias
Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.


67.1K Followers