Airbnb has said that it will have its initial public offering in 2020.
The company is one of the last of the big unicorn herd that grew up roughly a decade ago and includes Uber, Lyft, the We Company, and Postmates, to declare its public market intentions.
Yesterday evening the company announced that it had hit over $1 billion in revenue for the second quarter 2019. It’s the second time in the company’s history that it pulled in more than $1 billion, according to the statement.
Airbnb also said that through September 15, 2019 users who list their homes and rooms on the company’s marketplace have made more than $80 billion since the company’s launch. The supplemental income for underpaid teachers alone clocks in at