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Airbnb Hopes to Raise $3 Billion in a December IPO

By Dennis Schaal, Skift

Airbnb

An Airbnb Luxe rental in Oracabessa, Jamaica. Airbnb wants to do an IPO in December 2020. Airbnb

Skift Take: Airbnb’s proposed December timing for an initial public offering could be dicey because the U.S. presidential election and its aftermath is such a wild card at this point. Still, a $3 billion funding infusion could help Airbnb pay down the high-interest private equity debt that it raised earlier this year.

— Dennis Schaal

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