Airbnb charting an unconventional way to public markets
Rather than an initial public offering, the home share start-up may go for a direct listing
New York — Airbnb’s long-awaited Wall Street debut is officially earmarked for 2020, but the home-share start-up is charting an unconventional path to the public markets.
San Francisco-based Airbnb is laying the groundwork for a direct listing rather than an initial public offering (IPO), according to people familiar with the matter who asked not to be named discussing private information. Airbnb declined to comment...