Airbnb employees unhappy with IPO delays

New ISYL37
Sep 21 19 Comments

comments

Want to comment? LOG IN or SIGN UP
TOP 19 Comments
  • The same was the case with uber as everyone was so hoping for the moon assuming that uber will touch 100$ minimum and now looking at current stock price which is almost 30% less than 409A they are all pissed again..hoping we atleast get the promised 409a value..

    Hang in
    Sep 21 12
    • Netflix razorlab
      How do you even know they are profitable. Anyone seen the financials?
      Oct 2
    • Nutanix 1adja134
      They announced it.
      Oct 2
    • Netflix razorlab
      As in how wework declared their valuation?
      Oct 2
    • Nutanix 1adja134
      Yeah by that logic anything any company announces to the media can be false and you’ll never believe anything you read.
      Oct 2
    • Netflix razorlab
      That’s why we have the SEC to vett everything public company says. Remember how Elon got in trouble just by saying he wants to take tesla pvt. But the pvt vc funded “startups”, look at the recent ipos... bunch of junk flooding the market. They were all high and mighty till the numbers surfaced. Their share prices reflect how the market values them.
      Oct 2
  • Airbnb AirEveryWr
    Lol. How is it a “delay” if Airbnb never said they are going public in specific year . Employees or outsiders can keep predicting it to be 2018 or 2019 or 2020, does not mean its being delayed if company never committed to it .
    This is the first time Airbnb has made a public statement about when it plans to go public . Now if this moves to 2021 or 2022, that’s when you can say it got delayed
    About unhappiness, since company never promised to anyone that they will go public by a specific time period, it’s not company’s fault if people keep their happiness tied to whatever date they have set in their mind of going public . I for one thinks company has lot of people who knows when it’s best to go public as that’s their job, so I am happy with whatever time company chooses . I understand not everyone is in same state in life and some people has needs for liquid money but that doesn’t mean company should take the decision it cannot standby
    Sep 22 3
    • Microsoft oftgroct
      This sounds absurd, how are people supposed to liquidate stock part of tc then? Were they buy back programs?
      Sep 23
    • Airbnb AirEveryWr
      It’s a startup and not a public company . Anyone joining the company understands that
      Sep 23
    • Airbnb HakeHaIe
      Airbnb may still be private, but we are NOT a startup anymore.
      Sep 23
  • New / Product coldouts
    Lol pissed they have to stay longer before they get to cash out
    Sep 21 1
    • Airbnb HakeHaIe
      Nobody has to stay longer. Once you vest your RSUs they’re yours. People leave all the time. But yeah, we’re pissed it’s taking so long.
      Sep 21

Salary
Comparison

    Real time salary information from verified employees