Latham-Led Airbnb Launches Long-Awaited $2.4B IPO

Law360 (December 1, 2020, 9:42 AM EST) -- Home-rental giant Airbnb on Tuesday launched an estimated $2.4 billion initial public offering, joining a blitz of several large companies going public just before the year ends, guided by Latham & Watkins LLP and underwriters counsel Simpson Thacher & Bartlett LLP.

Airbnb told regulators on Tuesday that it plans to offer 51.9 million shares at between $44 and $50, raising $2.4 billion at midpoint and valuing the company at more than $30 billion. Based on that projection, Airbnb's offering would be among the largest U.S. IPOs in 2020 by an operating company. Database software firm Snowflake Inc. currently holds that distinction after raising $3.4...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!