What do you think of AirBnb IPO on 10 Dec?

No rush, can buy after it's listed. Long term wise should be ok, short term travel won't rise yet

I think it may be overpriced based on the chatter on Twitter. Please do read this analysis https://thegeneralist.substack.com/p/airbnb-the... and this https://seekingalpha.com/article/4392734-sharin... to know more about the possible downside, unknowns etc..

A quick reference on the valuation from above article.

"If equity is priced at <$28 billion (20% percentile): A bargain

• If equity is priced between $28 & $33 (40th percentile) billion: A solid buy

• If equity is priced between $33 (40th percentile) & $38 billion (60thpercentile): A fair value

• If equity is priced between $38 (60th percentile) & $44 billion (80thpercentile): Too richly priced

• If equity is priced $44 billion: Over valued"

Personally I may start with a 2-5% of my portfolio allocation, if its not over valued.