12 Airbnb, Inc. sold by co-founder/Chief Product Officer: $248.99m-June 1 (wearethene.ws) posted 3 years ago by 50_stars_for_freedom 3 years ago by 50_stars_for_freedom +12 / -0 6 comments share 6 comments share save hide report block hide replies
Why are all of these major companies being sold? What am I missing?
The company is not being sold. Small amounts of shares are. You're talking $250 million out of a multi billion dollar company.
ahh.. Thanks
The real question with this and the Walton family is "what do you need so much cash for in such a hurry?"
Good question. Money wont help you in GITMO.
Again, just like with the Walmart story ... Airbnb share price around $148, 600 million shares, market capitalization around $88 billion. $249 million is a drop in the bucket.