Hey wise forum members,
AirBnB is going public, as far as I understand, in December. Has anyone had time to look into this or have you found any analysis of the company?
I tried to order a prospectus from here https://www.airbnb-invest.com, but I didn’t get it.
I’m such a big Airbnb fan that I’ll probably have to buy shares almost at any price 
I’ve stayed in Airbnb places in over ten countries and I just keep getting more and more excited about the company 
Wow!
I didn’t even know Airbnb was going public; I’ve used their service a lot over the years when traveling. I could even say I’m a fan too 
I’m just wondering, now that the corona has hit the business, what kind of valuation will the offering get? Now might actually be a good opportunity to get in a bit cheaper, as the cost structure is such that Airbnb has been able to zero out costs quite well, since they don’t own properties anyway..
Really interesting, maybe someone here who knows more about the offering would be happy to share information 
Well hello there, name twin!
Very interesting IPO info, I’m strongly considering investing in this. I might wait until early next year to buy, after seeing how the share price and trading volume develop for a bit.
I used the same tactic with Siemens Energy, and so far I’m quite happy with it. The plan is to hold for a long time, and I believe Airbnb would fall into the same “holdable” category in my portfolio. Maybe not quite for decades like Siemens, but probably for years nonetheless.
Gives a little insight into the valuation
Oh dear, try to figure out whether to buy or not I wish I could get an analysis from Inderes for all IPOs..
Revenue was about 4.6 billion in 2019, and that figure is expected to decrease this year due to the coronavirus. With a listing valuation of 22 billion, the P/S ratio is around 5 based on 2019 figures. Operations are not profitable. Growth has been strong until 2019.
I would personally consider whether one believes in a strong travel boom in the coming years. Everyone’s guess is probably equally good here.
And what kind of profitability will be achieved and when, is difficult to estimate without knowing more details.
Airbnb is indeed a dominant player; I’ve used it dozens of times myself, so I really like the company.
I’m interested too, but I’m always suspicious of the underlying motivation for these listings.
I just checked the AirBnB website and there’s no information about the listing, not even a news item. This alone raises my suspicions.
I was immediately interested when I read about it in early autumn. My guess is that the travel industry will quickly start rolling as soon as restrictions are lifted at some point. Everyone has canceled and postponed trips that they need to make as soon as possible. 
Airbnb is a great concept and I need to keep an eye on whether it’s possible to get in cheaply at the beginning.
I wonder how large a portion of Airbnb rentals go to business travelers? I have a hunch that business travel will permanently decrease due to this Corona. I don’t know if this has any bearing on this case.
Booking.com’s market cap is currently around 80 billion.
Airbnb has a stronger brand, and I’d be surprised if Airbnb could be bought for under a 40 billion market cap.
Where can one buy Airbnb from? Since summer, I’ve had a gut feeling that I must buy it for my portfolio.
There’s AirBnB’s S-1 form, or “listing prospectus.”
I was wondering the same thing, where can one buy these, or is it that one can only participate in these North American IPOs through US brokers? Does anyone know? I have no prior experience with these.
US IPOs work like this: the organizing banks offer shares to a) friends / best customers b) friends of friends c) even dog walkers. The rest of us then buy in at a +120% increase on the first day of trading.
Here’s a small summary of the IPO prospectus.
I also got interested. I believe that in the future, the popularity of hotels in tourism will decline compared to traditional ones, and Airbnb already has a stable position. I’ll have to start doing some research.
“We intend to retain any future earnings and do not anticipate declaring or paying any cash dividends in the foreseeable future”
Definitely not for a dividend portfolio 
So for OST, no need to worry about withholding taxes.
So, is there no way to participate in this IPO except to buy shares afterwards?
Based on conversations within my own circle of friends, I believe travel will be really, really popular as soon as it becomes possible. I have the same thought myself; as soon as it’s possible, I’d like to travel halfway around the world.