Airbnb says it won't go public this year [CNNMoney.com]
American Express Company (AXP)
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Source: CNNMoney.com
Airbnb says it won't go public this year as top exec departsNo, Airbnb will not go public this year.Airbnb's CEO Brian Chesky set the record straight while announcing the departure of the company's chief financial officer Laurence Tosi in a blog post on Thursday.The news follows a report from tech news site The Information last week that alleged tensions between Chesky and Tosi, who had been at the company for two and a half years.Chesky, who has previously hinted at a 2018 public offering, made a definitive statement about an IPO in the post."We are not going public in 2018," he wrote. "Our primary focus is becoming a 21st-century company and advancing our mission. We're working on getting ready to go public and we will make decisions about going public on our own timetable."Airbnb, the short-term rental company valued at $31 billion, is the second most valuable U.S. startup in the world behind Uber.Airbnb and Uber both are currently operating without CFOs. The CEOs of both companies
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AXP
Earnings
- 4/19/24 - Beat
AXP
Sec Filings
- 4/23/24 - Form 424B2
- 4/23/24 - Form 424B2
- 4/23/24 - Form 144
- AXP's page on the SEC website