Venture Capital

The People That Benefit Most When Airbnb Goes Public

by posted 8months ago 287 views
Summary List Placement Airbnb has dropped the paperwork for its initial public offering, and it's ripe with juicy details that a startup doesn't have to disclose but a public company does, such as which investors own the largest stakes. As is typical these days, Airbnb is using a two-tier structure where it sells Class A shares to the public, with each of those shares offering one vote per share; and it has Class B shares — which are owned only by its founders, execs and key investors — that come with 20 votes per share.