Airbnb IPO Shares to Include 'Cleaning Fee'
(San Francisco, CA) - 2020 has been an interesting year for tech IPOs. Many would have expected a complete or near-complete freeze in companies going public with the pandemic ravaging global markets. Yet in true 2020 fashion, the opposite has happened: a flurry of hot companies have gone public this year, ranging from Snowflake to Palantir to Unity. And they're not done: longtime 🦄 unicorn 🦄 Airbnb is also expected to list before the year is out. But Airbnb's debut to the public markets will feature a twist: a $55 "cleaning fee" will be attached to all shares. Shocked investors will be surpised to find that the $65 shares they were looking at will actually be $120 per share at the end of… read more 🏃♀️