Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more
This site is for accredited investors, professional investors, investment managers and financial professionals only.
You should have assets around $3 million to $300 million or managing $20 million to $3 billion.
Airbnb IPO Rises 112% on Day 1, Raised $3.5 billion
9th December 2020 | Hong Kong
Airbnb, the world’s leading short-term stay booking platform, has raised $3.5 billion at their IPO on NASDAQ, with shares rising 112.8% on first day of trading (9/12/20). Airbnb IPO price is $68, with the share price opening at $156 and closing at $144.71 on day 1 of trading. At closing Airbnb has a market value of $86 billion.
” Airbnb IPO on NASDAQ, Rises 112% on day 1, raised $3.5 billion “
- Article continues below -
Web links may be disabled on mobile for security. Please click on desktop.
The 2023 Investment Day | 6/6 HK & 13/6 SG
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 6th June 2023 in Hong Kong, 13th June 2023 in Singapore.
Visit | Register here
Airbnb is a short-term stay and travel experience booking platform. The firm was founded in 2008 as Airbed & Breakfast’s in San Francisco, United States. 3 guests “stayed” at CEO and co-founder Brian Cheskey’s home in San Francisco. In 2009, the firm was renamed Airbnb.
Since founding in 2008, Airbnb have hosted more than 800 million guests, with more than 4 million hosts receiving income of more than $110 billion. In 2020, Airbnb has more than 5.6 million listings in 100,000+ cities and 220+ countries. In 2019, Airbnb reported revenue of $4.8 billion and net loss of $674 million. In 2020, the firm reported revenue of $2.52 billion and $697 million net loss.
The founders of Airbnb are Brian Cheskey Airbnb CEO and co-founder (15.1% shares), Nathan Blecharczyk (13.9% shares) and Joseph Gebbia (13.9%). With the IPO and the share price rising 112.8% to a market value of $100 billion, all 3 co-founders have a person fortune of more than $10 billion each.
Airbnb competitors are Expedia, Booking and Tripadvisor.
Airbnb IPO original price target was $56 – $60 and the final IPO pricing at is priced at $68, selling 51.5 million shares and raising $3.5 billion.
The lead underwriters for Airbnb IPO are Morgan Stanley and Goldman Sachs. Notable investors include Sequoia Capital, Silver Lake and Sixth Street.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
Caproasia.com is the leading financial media platform in Asia. Covering capital markets, investments and private wealth in Asia for 10,000 + elite users. Driving $25 trillion of assets in Asia.
Our users are rainmakers, dealmakers, risk takers and game-changers. Each manage, advise and invest $20 million to $3 billion of assets in Asia.