Airbnb resuming IPO plans as business slowly rebounds: report - Business Insider

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Airbnb resuming IPO plans as business slowly rebounds: report - Business Insider
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Airbnb has reportedly told employees it's resuming plans to go public as business slowly bounces back

Airbnb is also under pressure from employees, withreporting last year that some could see stock options expire starting this November if the company doesn't go public by then.

But with COVID-19 cases surging again in many states, the realities of the pandemic could still hold Airbnb back. "We're not committing to going public this year, but we're not ruling it out, either," Chesky told employees. "When the market is ready, we will be ready, because Airbnb was down but we were not out."Axel Springer, Insider Inc.'s parent company, is an investor in Airbnb.

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