#Platforms / Airbnb Eyes IPO Before Year’s End

… the San Francisco-based online vacation rental marketplace is planning to file its initial public offering (IPO) later this month with the Securities and Exchange Commission… Morgan Stanley and Goldman Sachs Group Inc. have been hired to manage the IPO.

Last month, Airbnb CEO Brian Chesky told employees it could be the right time for Airbnb to go public… “When the market is ready, we will be ready. We were down, but we’re not out.”

The timing of an IPO for Airbnb comes as investors have emerged from a standstill… Among the companies seeking public investment are Music label Warner Music Group Corp. and insurance startup Lemonade Inc. which staged successful launches in June and July, while shares of food-delivery startup DoorDash Inc. and data-analytics firm Palantir Technologies Inc. are expected to start trading later this summer or in the early fall…

https://www.pymnts.com/news/ipo/2020/report-airbnb-eyes-ipo-before-years-end/