SAN FRANCISCO — With Airbnb’s IPO planned for sometime this year, analysts have warned potential investors may be misled in regards to what the stock will actually look like when it officially goes public.
“Everything we’ve read in the S-1 so far has been great,” claimed Jennifer Lerner, world-renowned stock analyst. “They’ve presented it in the best possible light, of course, but when you actually buy shares, there’s a good chance it will look completely different. A lot can be done with the right angles.”
Though many remain skeptical, Airbnb CEO Brian Chesky assured the public he was being transparent and upfront about the IPO.
“We have a strict policy about not misleading shareholders,” Chesky stated while downloading various images of upward momentum graphs off Shutterstock. “What you see is what you get with us. We use actual descriptions of the future of our business so you know exactly what you’re getting into. And if by chance things look a little different, it’s not our fault, and we will be more than happy to look into the issue as soon as possible. However due to Covid we are backed up at the moment but definitely sometime over the next few months.
Though some have heeded the warning, most traders remain fervent about buying into the IPO.
“Who cares if it’s not exactly as advertised it still seems like a great deal,” added Cashapp user Faryn Chan. “I can’t afford shares of Amazon, so if Airbnb is relatively affordable, I’ll take the chance.”
While Airbnb simply raised a few eyebrows, Robinhood’s upcoming IPO made analysts even more nervous, many predicting it will likely, “steal from the rich and give to the even richer.”