If we omitted your preferred IPO prospect, tweet @Alex for customer support
This week Airbnb revealed that it has privately filed to go public, putting the popular unicorn on a path to a quick IPO if it wants. Thecurrent relocation matches reporting indicating that the home-sharing upstart could yet go public in 2020 despite the collapse of the travel industry. The Exchange explores start-ups, markets and cash. You can read it every morning on Bonus Crunch, or get The Exchange newsletter every Saturday.
< a class="crunchbase-link"href="https://crunchbase.com/organization/airbnb"target="_ blank"data-type="organization" data-entity =” airbnb” > Airbnb is not the only venture-backed company of note that is looking to go public at the minute, or that has privately filed to go public. Indeed, a lot of unicorns are looking to get out the door in the next quarter or 2, I’ve begun to misplace their status.
So, this morning, let’s gather an absorb of each unicorn that has submitted privately, is expected to debut quickly, or might go public in the next year or two. We’re talking Airbnb, Asana, ThredUp, Qualtrics, Palantir and Ant first, and after that more loosely about the substantial cadre of business that might go public prior to the end of 2022, like UIPath, Intercom, and, sure, Robinhood too.
Today is Friday, which means we can pay for to take a minute, center ourselves and make sure that we’re prepared for the news that next week will undoubtedly bring. Let’s have a little fun.
Approaching unicorn IPOs
In order to keep this digestible, we’ll continue in bulleted-list format. Starting with the most significant news, let’s remind ourselves of Airbnb’s decrease and healing, starting with profits numbers:
- Airbnb has filed to go public and is anticipated to raise capital in its launching. While its filing is presently personal, the company likely wouldn’t start the procedure this early in its recovery from COVID-19-related issues if it didn’t indicate to follow through. So, we can prepare for a somewhat-speedy offering offered that things do not alter once again. Airbnb’s Q2 revenue fell by at least 67% from $1 billion or more to $335 million in the period, per Bloomberg. The late-Q2 and Q3 rebound story are likely the strength that Airbnb intends to lean on when it does launching.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.