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Can anyone estimate what an investors in 2009 in Air BNB will get for an ROI post- IPO? I just looked and S&P 500 returned 426.134% with dividends reinvested through September 2020.
3,000-10,000x return approximately. Depends on later stage dilution and what the pre-money is, but still a ridiculous markup. No comparison to S&P.
I heard a podcast discuss the possibility of AirBnB offering shares or options to superhosts (like me) ahead of the IPO–essentially as a "thank you" to the people who helped build the marketplace. Anyone have thoughts on if that is possible or plausible?
Not plausible. Just wishful thinking. How would that even work if superhosts are not accredited investors?
https://www.airbnb.com/resources/hosting-homes/a/how-were-gi...
I wonder about their long term business model. Sure they have opened up the industry, but I'd think its quite easy to copy them. Sure there are a bunch of people that will keep AirBnB their favorite but when I'm looking at places I'll religiously check every site I can. There will be nothing unique about them.
Most people probably don’t want to check a dozen different sites (convenience) or don’t know which sites they can trust.
I heard a podcast discuss the possibility of AirBnB offering shares or options to superhosts (like me) ahead of the IPO–essentially as a "thank you" to the people who helped build the marketplace. Anyone have thoughts on if that is possible or plausible?
Not plausible. Just wishful thinking. How would that even work if superhosts are not accredited investors?
I admit, I ask mostly selfishly (my wife and I are superhosts, we have managed a full-time AirBnB in CA for 2 years). But it's also an interesting thought experiment. It would be quite the contrast to how the rideshare and food delivery companies treat their non-employees.
Earlier quoted context omitted.
They need the cash? If they survive through covid they are back to winner takes all.
It's kind of amazing that AirBnB requires that much money to operate but I guess I need to read the s1.
Uber/Airbnb don't need near the amount of product/engineering they actually have.
Can anyone estimate what an investors in 2009 in Air BNB will get for an ROI post- IPO? I just looked and S&P 500 returned 426.134% with dividends reinvested through September 2020.
Can anyone estimate what an investors in 2009 in Air BNB will get for an ROI post- IPO? I just looked and S&P 500 returned 426.134% with dividends reinvested through September 2020.
I believe in 2011 the strike price (accounting for both stock splits) would have been around $0.75-0.80 after they raised funds around May 2011. Assuming they are worth at least $30 billion, the shares would be around $50 for around a 6150% total return assuming $0.80 initially. If someone got shares in 2009 they likely had a substantially higher return.
Excited to learn more about the specifics. Really hoping people don't flood this thread with their anecdotal bad Airbnb experiences ("I paid below market rate this one time 6 years ago and got a crappy host, therefore this company is going to fail!"), which seems to happen every-time someone mentions their name.
airbnb sides too much with the host in my experience.
When a host left me and my family in an unsafe environment due to a gas leak, airbnb was impossible to work with. It took months of escalation with airbnb to get things fixed, despite providing all the documentation required the same day that I didn't stay at the property and had to book a last minute hotel at increased cost.
:)
That’s interesting and I guess the big thing that makes this different than vrbo if they can grow the spare room side much more over time
Earlier quoted context omitted.
They need the cash? If they survive through covid they are back to winner takes all.
They don't need the cash necessarily but the early employee options were expiring so they needed to go public