By Amber Deter The Airbnb IPO is finally here. Or is it? The company filed with the SEC, and investors are excited to get their hands on the long awaited Airbnb stock.
But is Airbnb a good investment? Here’s what we know…
Airbnb IPO: The Business
In 2007, friends Brian Chesky and Joe Gebbia came up with the idea for Airbnb. The two rented out their San Francisco apartment to three guests in town for a conference. This gave them the idea that people could rent out their home to tourists wanting a more local perspective. So, in 2008, the two were joined by Nate Blecharcyzk, …read more