Hotels
Airbnb’s New Endowment Fund Seeks to Give Hosts a Piece of the IPO Action
The Airbnb Host Endowment wouldn't turn hosts into investors in the IPO. But by earmarking 9.2 million shares to fund the endowment, it may counteract the feeling among a few hosts that going public would only benefit elite investors and employees. It's a clever and creative move by Airbnb, but more fundamental host issues remain.
Dennis Schaal, Skift | 4 years ago