Airbnb made its most significant step toward a public offering Wednesday, filing a confidential draft of its investment prospectus with the Securities and Exchange Commission, the company said in a statement. The filing sets Airbnb, founded 12 years ago, on a path to go public later this year. The prospectus—and its nitty-gritty financial details—won’t become public until the SEC reviews it. The...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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