We will make decisions about going public on our own timetable." When Tosi joined Airbnb in 2015, it looked like Airbnb was signaling it was prepping for an IPO.īut Tosi quit the company last week and Chesky explained the departure to several press outlets like this: "I know people will ask what these changes mean for a potential IPO. It blew by its own internal forecasts to bring in $93 million in profit on $2.6 billion in revenue, reports Bloomberg's Olivia Zaleski.īut an internal war between cofounder CEO, Brian Chesky, and CFO Laurence Tosi, the former Blackstone Group CFO, means that the company is not going public anytime soon, Zaleski reports. It all signals an internal clash that sent the CFO for the door.Īirbnb had a very good 2017.At the same time the CEO announced that the company would not go public in 2018.But last week, its CFO resigned, the company announced.
Airbnb is profitable, making almost $100 million in profit last year on $2.6 billion in revenue.Account icon An icon in the shape of a person's head and shoulders.
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