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Airbnb Announces Intention to Become a Publicly-Traded Company During 2020

press.airbnb.com

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Re: Airbnb Announces Intention to Become a Publicly-Traded Company During 2020

#12

Post by jfk13 »

blueadept111 wrote: post #9
jfk13 wrote: post #4

Earlier quoted context omitted.

Perhaps people are keen to cash in before regulation catches up with them more widely?

I live in Vancouver (BC) and over here Airbnb worked with city to create and enforce regulation for short term rentals (ie, requiring a license to operate and then actually policing and enforcing the regulations). I think its working out well an expect to see this model being applied in other cities as well.

Though perhaps it's not always working perfectly... https://www.vancouverisawesome.com/2019/09/18/airbnb-condo-b...

Re: Airbnb Announces Intention to Become a Publicly-Traded Company During 2020

#13

Post by [deleted] »

tracer4201 wrote: post #3

Tangential to the topic, but does AirBnB operate under any regulations? When I was in Seattle, my apartment building ended up adding an explicit clause in the lease saying you couldn’t rent a property and turn it around into an AirBnB or any kind of room share for temporary or short term stays. The legal framework wasn’t there (this is 2016 I’m describing), and so I wonder why go public now. Get a more solid footing…

[deleted]

Re: Airbnb Announces Intention to Become a Publicly-Traded Company During 2020

#14

Post by dannyw »

tracer4201 wrote: post #3

Tangential to the topic, but does AirBnB operate under any regulations? When I was in Seattle, my apartment building ended up adding an explicit clause in the lease saying you couldn’t rent a property and turn it around into an AirBnB or any kind of room share for temporary or short term stays. The legal framework wasn’t there (this is 2016 I’m describing), and so I wonder why go public now. Get a more solid footing…

Pretty much every county I stayed in the US taxed Airbnb, somewhat substantially and possibly even above the prevailing rates for hotels.

There are counties who derive 1/3 of their revenues from Airbnb taxes. Probably won't be banning them.

Re: Airbnb Announces Intention to Become a Publicly-Traded Company During 2020

#18

Post by The_rationalist »

dannyw wrote: post #14
tracer4201 wrote: post #3

Tangential to the topic, but does AirBnB operate under any regulations? When I was in Seattle, my apartment building ended up adding an explicit clause in the lease saying you couldn’t rent a property and turn it around into an AirBnB or any kind of room share for temporary or short term stays. The legal framework wasn’t there (this is 2016 I’m describing), and so I wonder why go public now. Get a more solid footing…

Pretty much every county I stayed in the US taxed Airbnb, somewhat substantially and possibly even above the prevailing rates for hotels. There are counties who derive 1/3 of their revenues from Airbnb taxes. Probably won't be banning them.

Wut, 1/3 seems extremely Hyperbolic, isn't it? Otherwise I agree

Re: Airbnb Announces Intention to Become a Publicly-Traded Company During 2020

#19

Post by mcintyre1994 »

tempsy wrote: post #10
sudo-i wrote: post #5

I announce my intention that I will announce my intention in 2020.

On the surface, I agree this is a strange PR tactic that hasn't been followed by any private company I can think of recently . I think it's entirely possible that they are doing this because they expect to have to deal with whatever legal/regulatory issues they face around the world that have been in a grey area since they started and this is basically an invitation to regulators to do something now so that regulator…

Gitlab also have stated when they'll go public - on Wednesday, November 18, 2020. https://about.gitlab.com/handbook/being-a-public-company/
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