Airbnb is the largest home-sharing platform with over 7 million listings in 100,000 cities worldwide
Airbnb was founded in 2008, when Brian Chesky and Joe Gebbia put a mattress in their living room and rented out that space for some extra cash. Since then, Airbnb has grown substantially, with a presence across the world.
Airbnb announced that they are planning to go public in 2020.
Here is the build-up to this announcement:
- It purchased Hotel Tonight in May ( to provide last-minute hotel bargains)
- It acquired Luxury Retreats in 2017 (to upgrade their accommodation standards)
- It added “experiences” to their website/ platforms (so people can book tours, activities etc)
What’s in it for you?
If you are a frequent traveler who uses Airbnb, you might want to follow this closely.
If Airbnb goes public this could enable you to purchase their stocks and have some “ownership” in a service you use ever so frequently.
Depending on the amount of capital (money) they raise, prices of Airbnb could reduce in the long-run as they grow into a larger company.