Airbnb Executive in Charge of Safety to Leave
Margaret Richardson would be the fifth top executive to announce an intention to leave Airbnb within the past two months.
Airbnb
Why it is one to watch: One of the few high profile, consumer-brand tech companies going public in this period, it will test investors' confidence in the home-sharing business model, which has been under regulatory and competitive attack. The fact that it is occurring during a pandemic which has devastated travel also poses a challenge.
Expected timing: December.
Type: IPO
S-1: Filed 11/16. Amended filing 12/1 here.
Airbnb Revenue Fell by About 72% in 2nd Quarter
While the big slide was less than some of Airbnb’s rivals, it underscores the challenges the company faces if the company goes public this year.
Airbnb Plans to File IPO Paperwork This Month
The home rental giant could list publicly by the end of the year.
Airbnb Customer Service Chief to Depart
The customer service executive is the fourth senior executive to leave Airbnb in the last two months.
Airbnb ‘Resuming Work’ to Go Public, CEO Says
The comment is noteworthy because it was almost unthinkable a few months ago that the company could go public as revenues nosedived.
Airbnb Tries to Cut AWS Cloud Bill Amid Pandemic
Airbnb, whose business has been hard-hit by Covid-19, is considering ways to lower its AWS cloud bill, according to CEO Brian Chesky.
Airbnb Settles Lawsuit in NYC, Leading to Likely Purge of Illegal Listings
NYC has been famously hostile to Airbnb, largely due to its politically powerful hotel union.
Airbnb Sees Boost in Domestic Travel
Customers are booking trips to rentals within driving distance, rather than getting on airplanes, CEO Brian Chesky said.
