Critics have been saying for years that Oyo needed to get its house in order and to tamp down on its reckless growth plans. Whether that actually happens or not will become clear over the next year or two.
The tech company Clear is hoping an IPO will help it fast-track a path to profitability. But for 11 years, it has been faster at speeding up security lanes than in getting to breakeven.
Convene CEO Ryan Simonetti thinks his new digital venture could morph into a $100 million-a-year business. His competitors may have something to say about that.
Airline IPOs used to be rare, but Frontier now is the second airline in as many months to say it's going public. This is in the midst of the worst crisis the industry has faced in a century. For investors, that spells opportunity.
Airline IPOs are few and far between. That's why now, while the industry is staggering from its worst-ever crisis, may seem an odd time to go public. But Sun Country has always done things differently, and its cargo deal with Amazon may make it more attractive to investors.
Airbnb is smart to focus on its core accommodations' business, if that is indeed what it is really doing. The company has time to deal with all of the other stuff, from flights to hotels and experiences, once a real-life travel recovery has a pulse.