I-P-Whoa! Airbnb Takes Off
Airbnb co-founder and CEO Brian Chesky sat down with Andrew Ross Sorkin ahead of the company’s landmark IPO. Public listings have been on a tear this year in the market’s epic recovery rally from the coronavirus-fueled rout in March. Airbnb, the company that allows users to book short-term rentals and experiences while traveling, jumped 112% during its first day as a public company yesterday. Chesky details how investors should think about regulatory risks, how the pandemic impacted the company and the possible “Roaring 20’s” to come. Steve Cakebread, who served as a CFO at Salesforce, Yext and Pandora when those companies went public, and Chip Conley, former Airbnb head of global hospitality and strategy, discuss what could be next for Airbnb and DoorDash after their big Wall Street debuts.
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