Airbnb co-founder Brian Chesky had an idea of what the company’s first stock-trading day would look like — and this isn’t it.

He was not  in New York to ring the Nasdaq Stock Exchange’s opening bell. Instead, the CEO will be sitting in front of his laptop at his apartment in San Francisco, walking distance from the unremarkable four-storey townhouse at 19 Rausch Street where the company was born 13 years ago...

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