Airbnb entre en Bourse et affole les compteurs

L’actu

Airbnb Inc.’s shares will start trading Thursday, 10 months after the coronavirus pandemic upended travel and 24 hours after DoorDash Inc. supercharged investor expectations by almost doubling in its frenzied public debut. The $47 billion valuation Airbnb garnered in its initial public offering puts it among the most valuable tech listings in history and makes it one of the three biggest IPOs of 2020. Lire l’article de Bloomberg

La réaction

Airbnb Inc. co-founder Brian Chesky had an idea of what the company’s first stock-trading day would look like — and this isn’t it. He won’t be in New York to ring the Nasdaq Stock Exchange’s opening bell. There’ll be no suits or Champagne. Instead, the CEO will be sitting in front of his laptop at his apartment in San Francisco, walking distance from the unremarkable four-story townhouse at 19 Rausch St. where the company was born 13 years ago. Lire l’article de Bloomberg

Le focus

Le géant de la location d’hébergements touristiques tente sa chance à Wall Street, jeudi. Ses chiffres clés, son organigramme, son incidence sur les villes : tout comprendre à la décacorne, ces startups valorisées au moins dix milliards de dollars, en un coup d’oeil avant que ne sonne la cloche. Lire l’article des Échos

L’analyse

Historically, difficult economic environments have increased demand for growth-oriented technology stocks. In addition, many tech companies have seen an extra boost during the pandemic, which has accelerated long-simmering industry trends like cloud software, food delivery and video games. But for every tech unicorn now riding the work-from-home wave to the public markets, there’s a question: What happens after the pandemic? Lire l’édito de Bloomberg

Le décryptage

Au fond du trou en mai, à Wall Street le 10 décembre en visant une valorisation record de 47 milliards de dollars : 2020 aura été une année de montagnes russes pour Airbnb. Au prix d’une casse sociale majeure -25% de ses effectifs licenciés-, le leader mondial du tourisme de courte durée a su pivoter son modèle économique et afficher une grande résilience face à la crise de la Covid-19. Lire l’article de La Tribune

Le pas de côté

There are certain inevitabilities of the digital world. One is that middlemen like Uber and DoorDash tend to be hated by those who use them. But Airbnb has a different, potentially thornier problem. Even if you never use Airbnb, you still might hate it because renters at the house next door throw loud parties or your quiet town is overrun by tourists each weekend. This resentment is a conundrum both for Airbnb and for the future of our communities. Lire l’article (publié mi-novembre) du New York Times