In 2014, at the Guardian Changing Media Summit, Airbnb CTO and co-founder Nathan Blecharczyk said that the company was currently well-capitalised enough and was not seeking an IPO.
It has however not stopped continuing rampant speculation about an IPO.
Based in San Francisco, California, Airbnb makes revenue by taking a 3% share of each booking on its website, and it charges a 6% to 12% service fee from guests.
Airbnb claims to connect people to unique travel experiences, at any price point, in over 34,000 cities and 191 countries.
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