#Airbnb just filed for its #IPO, and it named the ongoing #pandemic and steadily declining revenue growth in a lengthy list of risk factors

businessinsider.in/tech/news/airb… Image
After over 12 years in business, #Airbnb is finally going public!

The home-rental company filed a form S-1 for its #IPO with the Securities and Exchange Commission.
That included disclosing a trove of information that was previously unknown. For starters: #Airbnb is over $2 billion in debt.

#AirbnbIPO
But that's far from all the filing document has to offer — a section labeled "Risk Factors" details the major issues #Airbnb believes it could face. We break down the most important of those potential issues below.

#AirbnbIPO
1. The #CoronavirusPandemic has hurt Airbnb, and could continue to hurt the company.

#Airbnb #AirbnbIPO
2. Revenue growth is slowing, and the company expects it to continue to slow going forward.

#Airbnb enjoyed a meteoric rise in popularity, and it's unlikely to return to those levels of growth anytime soon.

#AirbnbIPO
3. Laws and regulations regarding temporary home rental vary from region to region, and are always in flux, and that could hurt #Airbnb's business.

#AirbnbIPO
4. #Airbnb is deeply in debt, to the tune of nearly $2 billion.

With a revenue of $2.52 billion and a net loss of $696.9 million for the first nine months of 2020, Airbnb isn't exactly stacking up a war chest.

#AirbnbIPO
5. The company has never earned a profit and it lost more money during the first 9 months of the #pandemic than it did in each of the previous 3 years.

For #Airbnb, the focus has always been on user acquisition & growth. That focus has come at the expense of becoming profitable.

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#BengaluruTechSummit2020 #BTS2020 #NarendraModi
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#ElonMusk #teslastock
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#GlobalWarming #carbonemissions #climatechange
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#GlobalWarming #carbonemissions #climatechange
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@deepigoyal @zomatoin

businessinsider.in/business/start…

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@zomatoin #zomato
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