Airbnb Stock

airbnb.com | Hospitality/Travel | Founded: 2007 | Funding to Date: $3.4B

Airbnb is an online marketplace that enables members to rent out whole or part of their properties to travelers. The company was founded by Brian Chesky, Joe Gebbia and Nathan Blecharczyk in 2009 and is headquartered in San Francisco, CA. The company offers over 7 million accommodations and 40,000 activities spread over 191 countries and regions as of December 2019. Airbnb’s offerings include Airbnb - a property sharing service for consumers and Airbnb for Work - a service catered towards business travelers. In a September press release, Airbnb announced its intentions to "become a publicly-traded company during 2020". While the company has not expressed any additional details, it has been widely reported that Airbnb will pursue a Direct Listing in lieu of a traditional IPO.

ENTERPRISE VALUE (based on primary fundings)

Key Investors
CapitalG
TCV
Andreessen Horowitz
Baillie Gifford
China Broadband Capital
CrunchFund
Digital Sky Technologies
General Atlantic
General Catalyst Partners
Greylock Partners
GGV Capital
Horizon Ventures
Wellington Management
Kleiner Perkins Caufield & Byers
Hillhouse Capital Group of China
SV Angel
Sequoia Capital
Tiger Global Management
Temasek Holdings
Y Combinator

Learn more about a potential Airbnb IPO >>

TEAM

Management Team
  • Brian Chesky - CEO & Co-Founder
  • Nathan Blecharczyk - Co-Founder & Chief Strategy Officer
  • David Bernstein - Chief Accounting Officer & Controller
  • Belinda Johnson - Chief Operating Officer
  • Aristotle Balogh - CTO
Board Members
  • Alfred Lin - Sequoia Capital
  • Anton Levy - General Atlantic
  • Brian Chesky - Airbnb
  • Jeffrey Jordan - Andreessen Horowitz
  • Reid Hoffman - Greylock Partners
  • Joe Gebbia - Airbnb

INSIGHTS

An ever-increasing number of shareholders of late-stage private companies are seeking liquidity, and with good reason. As companies stay private longer, the lack of liquidity, and its converse, over-concentration in a single stock, becomes even more burdensome.

Airbnb started as an online marketplace where users could rent out surplus or unused space inside their residences to host travelers. Over the past seven years, Airbnb has raised over $4.5B in capital, aggregated almost 3 million listings, hosted 150 million guests, and likely generated $40B in cumulative bookings through 2016. Today, with a $30B implied valuation, Airbnb is more valuable than large hotel chains (e.g., Hilton and Hyatt), airlines (e.g., United Airlines and American Airlines), and leading travel companies (e.g., Expedia and Ctrip).

NEWS

Private Growth Index
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