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Airbnb Going Public - Nasdaq IPO

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  Airbnb With a Possible $35 billion Valuation                                                       Source: Airbnb Fast, Dramatic Turnaround from COVID-19 Business Hit Airbnb, the San Francisco based home rental company, will debut on the Nasdaq on December 10, aiming for a valuation of $35 billion.  It along with DoorDash (my blog 10/30) are expected to be blockbuster U.S. IPO's to close out the year.  Airbnb was devastated by the COVID-19 pandemic.  As travel came to a halt, Airbnb had to layoff 25% of its workforce and get $2 billion in emergency funding from investors.  As people started traveling again in Q3 2020, the company's business turned around and it scored a surprise profit for Q3.  Two new trends moved the company forward.  People opted to book homes rather than hotels.  And, they preferred to book a home away from major cities. Entrepreneurial Success Story Airbnb was founded as a website in 2008 by two entrepreneurs:  Brian Chesky and Joe Gebbia. They started t