Have you been thinking about starting an Airbnb rental property but aren’t sure if it’s the right investment to make or not?
Besides being in business since 2008, Airbnb is also a financially stable company that recently raised an additional $1 billion dollars in funding which they plan on using for expanding the company.
Will Airbnb Go Public?
Retail investors are fascinated with IPOs, since many believe massive profits can be made from high-profile tech companies going public.
That's why our readers have been asking, "Will the Airbnb IPO happen in 2017?"
The Snap Inc. (NYSE: SNAP) IPO has created optimism that more tech companies will go public, but there isn't any real reason to believe Airbnb will go public in 2017.
Back in November 2016, Airbnb CEO Brian Chesky told Wired his company didn't plan on going public "in the near term."
While there is no official Airbnb IPO date, the company will go public eventually if it continues to grow. And retail investors will undoubtedly rush into the stock hoping to make a fortune off the next hot IPO.
Unfortunately, retail investors will never get rich on the day of a public offering…
Get Airbnb Property Management Here
For affordable Airbnb property management contact SquareHouse Property Management today by calling us at (972) 523-1389 or click connect with us online.