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Airbnb going public is a maverick move

  • Written by Olga Cam, Lecturer in Accounting, University of Sheffield
Airbnb going public is a maverick moveAirBNB IPO share price as at December 10, 2020. Author provided

In early 2020, Airbnb’s management announced that to address the slowing growth in sales, it wanted to scale back ancillary activities and focus on the company’s core strength of mid-range and budget short-term rentals. This was just before COVID-19 stopped the travel and...