On 10 December 2020, some of the common and on the similar time controversial firms of the final decade went public. And it did not accomplish that in an anodyne approach. Airbnb starred in one of many hottest, most eagerly anticipated, craziest IPOs of current many years. On its first day of buying and selling alone, the shares have been revalued to greater than 112%.
On this new video that we have now made in collaboration with Worth College, we have now requested ourselves a number of questions: What’s behind Airbnb? What explains its formidable debut on the markets? Is it affordable that its market worth has exceeded $100 billion {dollars}? And maybe crucial query to grasp the financial and monetary atmosphere we live in: What are traders seeing?
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