Branwell International Hong Kong /Japan on the Listing of Airbnb
Airbnb Inc. will be the 2020 blockbuster IPO offering.
- (1888PressRelease) January 11, 2020 - While the IPO market is likely to remain steady next year, there will be fewer splashy listings coming to market, and premium valuations are going to be reserved for companies with a very clear path to profitability and a low degree of business risk,” said a business advisor.
There were many success stories in 2019 and a few flops like Uber and Lyft and the cancelation of Wework. But the IPO markets remain strong and Alibaba is one of the best.
“Airbnb looks to do well because they are more then just profitable but very strong and stable as they don’t need the money. Rumors are they may opt for a direct listing.” said William Lui of Branwell International. “Which is fine by us as that means a much higher listing price.”
“Perhaps the most anticipated market debut of 2020 is none other than home-sharing giant Airbnb.” Said Founder Brian Chesky has been historically tight-lipped about the company’s entrance into the public markets, “most people that are really rushing to go public, the No. 1 reason they do is because they need the money. We don’t need to raise money, and so we haven’t been in a rush,” also indicating their likely pursuit of a direct listing versus traditional IPO.
Airbnb’s entrance to the public markets when direct listings are becoming more attractive to companies that are well capitalized.
According to PitchBook, the company has raised $4.4 billion to date, bringing its valuation to $31 billion. Airbnb is one of only two Disruptor 50 companies that have ranked on the list all seven years of its existence.
“We are happy to announce that Branwell has secured a block of pre-IPO shares in Airbnb and our clients are snapping them up quickly.” Said Mr. Lui. As we have expected 2020 is set to start off great with this new debut.
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