Airbnb Valuation at IPO: $40.6B In its early pitch deck, Airbnb named Couchsurfing, Craigslist, Hostels.com, and Hotels.com as competitors. Its valuation catapulted to $86.5B by the end of its first day of trading in December 2020, a figure greater than the public market capitalizations of Hilton, Marriott, and InterContinental Hotels combined. While the home rental startup was initially hit hard
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