Why my purchasing IPO share order didn't get fill before Dec.10?!

Rita693
Level 2
Rochester, MN

Why my purchasing IPO share order didn't get fill before Dec.10?!

First, I am feeling very disappointment that until today (IPO day) I still didn't receive any update for why I am still didn't receive the email or follow up from Morgan Stanley for the IPO shares purchasing. Not sure if anyone here have the same issue. When looking the shares price is going up after 1:30pm, I feel like I am a forgotten host by airbnb. 

 

I even submitted the Airbnb's Directed Share Program form right away when I receive it on Nov.16.2020. Then got the automatic response ( I believe it is), saying that later I will receive another email from Morgan Stanley about the shares number that I want to purchase. Until Dec.6, all my host friends already received that email except me. 

 

I sent email to the Airbnb Market Manager Camila about this issue on Dec.6 , she replied me: "Thanks for reaching out. I have surfaced this to the team and will get back to you this week. Stay tuned! ".

 

On Dec.9, I sent another email for follow up since only 1 day left to IPO. And in the same day, my friends already got phone call from Morgan Stanley about their shares process.

 

Then Cami replied me : "I am working to speak with as many people as possible to get you the correct information. I do not have that much clarity since it's a quiet period but I know some hosts got emails saying the program was full, though I'm not sure if that's your case. I am waiting to hear back from different teams so I'll give you an update as soon as I have more information. " 

 

I have to say, Cami did her best to help me out, as always. So thank you Cami.

 

From this email, I got an idea that maybe because the program was full, so I am one of the host that didn't get my order fill up.

 

If that's the case, I really curious how Airbnb select which host's order should be filled or refused? As I already fill up the Directed share program form right away in the same day when I received the email on Nov.16, even faster than my other host friends did ( yes I was the one told them about this program since some of them even didn't check email yet that day).

 

Anyway, just want to ask if any hosts here have the same issue like me.

 

And also would like to hear back from Airbnb or Morgan Stanley about why my order didn't get fill. 

 

After all, congratulation everyone for the IPO! 

30 Replies 30
Elmira12
Level 1
Oxford, NC

So disappointed that I received my first mail on the 2nd of December! I was under the impression that they will come back with follow up and what to do. Couple days ago I hear that it’s been on abs the price has doubled and so many cashed out their fortunes! Something is not right and fishy.....