Alex breaks down why the product development spending detailed in Airbnb’s recently released S-1 filing gives him pause on going full bullish for the platform IPO. He explains why he thinks Airbnb may need to make some cuts here and recalls the company’s sharp valuation dip during the early days of the coronavirus market downturn.
Originally Aired: 11/23/20
#Travel #AirbnbIPO #TechStocks
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