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Airbnb is now more valuable than the seven largest US hotel chains combined, including Marriot, Hilton, and Hyatt. Marriot International is worth $41 billion, Hilton Worldwide is worth $29 billion, and Hyatt is worth $7 billion. ❤️❤️❤️❤️❤️ https://t.co/IW9vPyDsT2— Saurabh Kango (@SaurabhKango) December 10, 2020
Airbnb opens at fully diluted value of around $101 billion.— Dan Primack (@danprimack) December 10, 2020
Congrats to @Airbnb’s @bchesky @jgebbia & @nathanblec, all high quality people with a strong ethical compass.— Chris Sacca ?? (@sacca) December 10, 2020
I feel extreme FOMO because I passed on their seed deal telling them “someone will get murdered and the blood will be on your hands.” All-time, three comma fuckup. https://t.co/oBJSHAzk7l
AirBnB is now worth as much as IBM— . (@cloud_opinion) December 10, 2020
How should we think of the 12 million share grant that Brian Chesky of Airbnb got a couple of months ago? At the latest stock price, the grant is worth nearly $1.8 billion. It comes on top of his existing stake in Airbnb, whose current value is $11.4 billion.— Peter Eavis (@uwsgeezer) December 10, 2020
You all really just let YC dominate on the "invest in a lot of early stage companies /have an open application process" playbook for 12 years just running circles around everyone while most VCs concentrate, invest as late as possible, & follow other investors?— Del Johnson (@DelJohnsonVC) December 10, 2020
Make it make sense https://t.co/VL1ObAwjgK
Airbnb's founding story has been mythic in Silicon Valley— Cory Weinberg (@coryweinberg) December 10, 2020
What's as remarkable—and less discussed—is that all 3 founders have stuck around, and stayed involved. They're all worth over $10B today.
How their relationship helps explain Airbnb's success:https://t.co/Ru4Qbfpjgc
Airbnb has reported 2 straight quarterly sales declines with a 3rd on the way.— Ari Levy (@levynews) December 10, 2020
It cut 25% of its staff because of that.
It’s about to be worth 3x its valuation from a year ago.
*AIRBNB INDICATED TO OPEN AT $145; IPO PRICED AT $68— Sonali Basak (@sonalibasak) December 10, 2020
Company's CEO is literally speechless on @BloombergTV -- the first time he heard of the price surge.
"I don't know what else to say," Brian Chesky tells @emilychangtv. "The higher the stock price, the higher the expectations"
They @airbnb founding story is one with many turns. The company could've literally have died many times. Startups are very fragile in the early days but the grit and perseverance Joe and Nate and Brian showed is still inspirational for many founders today. https://t.co/1TZHfD4hv5— Gustaf Alströmer (@gustaf) December 11, 2020
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