In December 2020, Airbnb went public $ABNB (-5,19%) went public with great hype.
Four years later, the share is still treading water - a a meagre +3% since then.
What people tend to forget: In January 2020, the company had a private market capitalization of 30 billion US dollars - today the market capitalization is 80 billion US dollars. This corresponds to an increase of +167% in 5 years. Airbnb $ABNB (-5,19%) has thus performed better than the S&P 500 - which rose by +86% in the same period.
In October 2024, CEO Brian Chesky said the following in an interview: "We are a baby compared to what we are going to become. This is just the beginning."
Next annual report in 9 days.
Do you believe in the next stage of Airbnb's growth $ABNB (-5,19%) ?
