Last night’s scoop: Sources say Airbnb has ~$3.5 billion in cash on its balance sheet. The first quarter saw 31% year-over-year growth. IPO likely first half of 2020
Airbnb’s cash position is strong and its growth rate is above 30%
Scoop: People familiar with Airbnb’s financials say that the company has ~$3.5B cash on its balance sheet, Q1 financials show 31% year-over-year growth via
Airbnb’s financials tell a different story than some of the other decacorns entering the public markets. $3.5b cash, 31% growth, Ebitda positive. Sources tell me they are headed public in first half of 2020. TBD whether this will be IPO or direct listing
Airbnb says it plans to go public in 2020, which I reported last month I also had their 1st quarter financials. They’ve now shared 2nd quarter