Summary List Placement
After months of anticipation, Airbnb made its initial public offering documents publicly available on Monday, providing the most detailed look yet at the company’s inner financial workings.
Airbnb’s prospectus reveals a revenue of $2.52 billion and a net loss of $696.9 million for the first nine months of the year.
Airbnb was last privately valued at $18 billion, according to The Wall Street Journal. It confidentially filed to go public in September and enters a red-hot IPO market in what will likely be one of the largest offerings this year.
The company’s decision ended speculation read more ⇒