2 ms·
No, it's a good time for an IPO as markets have a longer term view of things (rationally or otherwise). Investors see AirBnB is very viable, they know the pande
by jariel 6y ago
No, it's a good time for an IPO as markets have a longer term view of things (rationally or otherwise). Investors see AirBnB is very viable, they know the pandemic will pass.
AirBnB and DoorDash are in completely different scenarios: one has massive labour force issues, the other is a digital service, the pandemic has nearly killed AirBnB while it's been a boon for DoorDash.
AirBnB is pushing through with a regularly planned IPO, DoorDash is probably being more opportunistic.