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Right time to join Airbnb if i believe stock will be double?
It’s going to be a tough year for Airbnb. So many natural disasters happened this year. Most recent one being coronavirus which they are forced to pause Chinese market
Not just China
Airbnb did not make profit as well. Employees inside say that the valuation inside is only around 20B. So please stay away now. Let it go IPO and then we can see how it performs. No way on earth it’s going to double after IPO unless they have a secret money minting product which we are not aware about. Plus the engineering work is boring to death there compared to fb and LinkedIn
I hear they make profit now.
No. Regulation has been hitting them hard. Airbnb hasn't been profitable this year
Let it pull an Uber and depreciate 50% at IPO then join and ask for 2x equity due to the potentially of more downside. Let Airbnb cave into cutting costs and hopefully rebounds before turning into another Groupon or Blue Apron.
Let, and then Let Let. Let us discuss, Let
Be aware. Corona virus impact
Offer?
What are your offer numbers? Dont expect any stock to double.
Looking at other high profile startups IPO debacle last year I expect it their stock to be halved so ask for 2M+ equity to cover your bases.