$31 billion Airbnb announces plan to go public in 2020 – Business Insider

Written by Steven Tweedie and Aaron Holmes.

Airbnb on Thursday announced it plans to go public in 2020. The startup did not specify a timeline beyond “during 2020.”

Airbnb has not clarified whether it has confidentially filed its S-1 IPO paperwork, which would include basic financial information for potential investors to consider. An Airbnb spokesperson declined to comment when asked whether the paperwork has been filed.

The home-sharing rental startup was last privately valued at $31 billion in September 2017, according to PitchBook.

Airbnb has teased potential IPO plans as recently as March of this year, with cofounder Nathan Blecharczyk saying that the company “had not decided if we will go public in 2019.”

“We have already said that we are taking the steps to be ready to go public in 2019. That doesn’t mean we will go public in 2019,” Nathan Blecharczyk, an Airbnb cofounder, told Business Insider in a March email interview.

The company hasn’t clarified how it plans to list its shares, either. Airbnb was considering a direct listing in June, Reuters reported.

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By Molly Raddant
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