Airbnb, the darling of the software-as-a-service class of start-ups, will begin trading on the Nasdaq in the next few weeks, under the ticker ABNB. The initial public offering (IPO) is expected to raise $3bn.

It will be hoping to duplicate the success of cloud data platform provider Snowflake, which listed in September, selling 28-million shares and bringing in $3.36bn, making it the largest software IPO yet. At the time of writing Snowflake was sitting pretty on a market cap of about $77bn...

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