Airbnb IPO Launch Date and Expected Share Price

[Sharon1014]

Launch date appears set for December 10.  Expected share price $44-50.  The company has also submitted an amended S-1 filing to the SEC yesterday which you can see here (and nope, I'm not trawling through all 350 pages of it to play "spot the difference" 😀, will leave that to the finance journos and market analysts)

S-1/A (sec.gov)

@Melodie-And-John0  @Christine615  @Helen350  @Sally221  @Sarah977  @Ute42 @Zohreh1 @Emiel1 

[Sharon1014]

@Nick718   Apparently the offer was on a "first in, first served" basis with a limited number of shares available.  So if you haven't heard anything more, it is likely the offer is fully subscribed.  The first few weeks of an IPO launch can be volatile in both directions.  I'm aware that many of the finance news media will be running stories immediately prior to launch day, and the tone of these (whatever that may be) could impact both the launch price and price stability further.

My 2c, better to wait and see where price stabilises once the initial hysteria is over.  Missing out on this offer round may actually save your bacon for a better price entry point later.  Nothing wrong with letting other people take the risk and lose part of their investment if you can get in at a lower price a few weeks down the track (if that's what you want of course).

@Gina1492  @Denise-and-Tom1 @Francis1870 

[Denise-and-Tom1]

And if so, how do we go about this?

[Denise-and-Tom1]

How do I register for Airbnb’s Directed Share Program??

[Sharon1014]

@Denise-and-Tom1   You can't.  As you live in Canada, you are not eligible.  This offer was only for US hosts.

[Francis1870]

@Sharon1014  Do you have any way to contact investor relations at airbnb?  

[Sharon1014]

@Francis1870   Just try calling their corporate HQ in SF and ask them directly

[Francis1870]

@Sharon1014  ok

do you have a phone number?  Every number I find on google no longer works.  

[Sharon1014]

@Francis1870   Nope, if that number doesn't work, your goggle search is as good as mine. 

[Gina1492]

I submitted the original form Mid November but have not gotten an email from Airbnb or Morgan Stanley. Have all emails gone out?

[Manuel3698]

@Sharon1014 
I did not receive an email so I must not have been included within the endowment. Im going to buy shares before Dec 9 through a third party, online trading platform. I have not checked to see if any shares are available. Any recommendations as to a platform.

[Sharon1014]

@Manuel3698  You absolutely must NOT, repeat, NOT do this. !!!  There is no third party online trading platform.  Scam alert, seriously.  There have been a few crooks trying this one on.  Say goodbye to whatever money you send them.  Might as well put your cash into the bin and set fire to it.

You will not be able to buy legitimate shares until Dec 10, on launch day.  

As for brokers to buy legitimate shares, check with your bank to see if they have brokerage facilities attached to the range of services they generally offer to standard banking accounts.  Not sure what the situation is with US banks, but most of the major banks in Aussie where I live do provide this facility.  Pretty sure many of the US banks offer the same.  One of the underwriters for this IPO is Bank of America, so perhaps check with them first after you have checked the capacity of your normal bank to trade shares on your behalf.

And btw, this share offer is not an "endowment"  Endowments are a different matter.

[Manuel3698]

@Sharon1014  Ive bought and sold shares of other companies on Etrade successfully. There are many platforms from which to buy and sell if not through Morgan Stanley's. 

[Sharon1014]

Hi @Manuel3698  yes you can buy shares via an online platform like E-trade, but not before the launch date of Dec 10.  Some scammers have been busy telling hosts they can offer pre-IPO shares beforehand, which they can't.  The pre-IPO offer was (and is) exclusive to Morgan Stanley.  After launch on Dec 10, yes fine to trade via any reputable on-line platform.

[Nwazi0]

It's Dec 4 and I have not received any email from the IPO administrator, but I'm otherwise qualified and filled out the form in November. Does it mean I didn't make the cut?

[Sharon1014]

@Nwazi0   Probably correct, you didn't make the cut.  ABNB haven't been all that forthcoming with further info for hosts, nor indeed doing anything sensible like updating the host community regularly or issuing scam alerts in relation to the IPO.

Situation normal, it's all "let's talk about all kinds of fluffy nonsense" but nothing of any real or compelling substance at the time it is needed most.