Airbnb is set for IPO

Airbnb IPO is back. They announced they are planning initial public offering in mid december after the road show. They were also thinking about direct offering, which would mean that shares would be directly offered at Nasdaq instead of doing road show and raising capital. They abandon this idea and there will be classic IPO, which will be led by Goldman Sachs and Morgan Stanley. Expected valuation of the firm is 30 billion dollars, but might change until the offering. (Rana, Wall Street Journal)

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