Airbnb IPO

[AzteK]

Get in on the action. What a week for IPO's!

[CAHEK]

Over priced. Only for suckers. I can bet will go down %50 with in 6 months.

[AzteK]

Originally Posted by CAHEK

Over priced. Only for suckers. I can bet will go down %50 with in 6 months.

Over the next 5 years it's going to crush these numbers.

[MaDalton]

i might be wrong - but i'm not excited. too many cities putting up more and more restrictions.

Prague is just one of the latest examples

[AzteK]

Originally Posted by MaDalton

i might be wrong - but i'm not excited. too many cities putting up more and more restrictions.

Prague is just one of the latest examples

That's so short-sighted. Vaccines are rolling out.

This company doesn't need any real estate to expand. The global reach it has is unparalleled.

[Ferus]

Originally Posted by AzteK

That's so short-sighted. Vaccines are rolling out.

This company doesn't need any real estate to expand. The global reach it has is unparalleled.

The platform is great, but the current market for it is dead. I dont buy in to it.
I stick to cloud and Hydrogen

[AzteK]

Originally Posted by Ferus

The platform is great, but the current market for it is dead. I dont buy in to it.
I stick to cloud and Hydrogen

I'm with you on the cloud.

Here is food for thought on the travel side.

https://www.fool.com/investing/2020/...ed-37-in-nove/

[Ferus]

Originally Posted by AzteK

That's so short-sighted. Vaccines are rolling out.

This company doesn't need any real estate to expand. The global reach it has is unparalleled.

Here in Denmark, they have changed the tax laws for that kind of rental, and made a deal with AirBnB where they inform the government about how much you have made. That will keep a lot of people (not all) from using the platform.

But the platform in general is great for sourcing deals, and could be used for so much more

[Ferus]

Originally Posted by AzteK

I'm with you on the cloud.

Here is food for thought on the travel side.

https://www.fool.com/investing/2020/...ed-37-in-nove/

https://finance.yahoo.com/quote/NET/
Cloudflare doing great, and many people here are customers as well


I belive this will make it grow ever more
https://finance.yahoo.com/news/cloud...183641548.html

It works just like the wordpress cache frontend I have made on AWS, customers always see a static regional version of a global site hosted on scaled down infrastructure

[AzteK]

Originally Posted by Ferus

https://finance.yahoo.com/quote/NET/
Cloudflare doing great, and many people here are customers as well


I belive this will make it grow ever more
https://finance.yahoo.com/news/cloud...183641548.html

Yea I saw that they went public. I'm a customer as well.

Here is one data warehousing one I've been looking at

https://finance.yahoo.com/quote/SNOW?p=SNOW

[Ferus]

Originally Posted by AzteK

Yea I saw that they went public. I'm a customer as well.

Here is one data warehousing one I've been looking at

https://finance.yahoo.com/quote/SNOW?p=SNOW

Seen that mentioned a lot lately, but its not really my thing. Just like ServiceNow, its to much of a product to catch my interest.

[pornguy]

So the stock gets blown up right before open that " Its going to be huge" and a bunch of investors dump in money to get it to open at 146.00.

Right this minute its trading at 148.93 Not so huge after all.

Regardless of the company asking 64 and it opening at 146 none of you could have gotten into that. So this has so far gone no where for the general buyer.

[AzteK]

Originally Posted by pornguy

So the stock gets blown up right before open that " Its going to be huge" and a bunch of investors dump in money to get it to open at 146.00.

Right this minute its trading at 148.93 Not so huge after all.

Regardless of the company asking 64 and it opening at 146 none of you could have gotten into that. So this has so far gone no where for the general buyer.

Yea the high valuation is pulling on it at the moment.

[Tasty1]

Airbnb won't grow that much more, but more and more forbidden. Perhaps in upcoming countries. Couldn't find anything on airbnb in Holland for long time stay. now it is taken over by facebook marketplace and i found my appartements by faceook groups. (how are the governments planing to control that?)

I had the last 2 months 2 appartments. Both times i was able to find the owner on facebook or their website. That saved me 1000 usd in 2 months. First don't pay the booking fees (around 500 USD). And also Mexico gets the tax on rentals trough airbnb and know how much the owner has to pay tax... So go directly, negotiate and stop paying those fees and taxes. I think in 90% of the cases i can surpass Airbnb and saves me thousands when i am travelling. I always look 500 - 1000 euro above i am willing to spent for an appartment on airbnb. Sometimes people come in who pay the full prices. While i think there are villa's here where you could get 50% of the price so you save thousands on a holiday trip.

And for people renting out, give your property a name, than i can search on facebook and google and will find it.it

[MaDalton]

Originally Posted by AzteK

That's so short-sighted. Vaccines are rolling out.

This company doesn't need any real estate to expand. The global reach it has is unparalleled.

My opinion had nothing to do with Covid.

But I was wrong at least for the initial market launch, 100+% on the first day is nice

but i stand by what I said earlier: large cities will make it more and more difficult (and less profitable) to run an AirBNB business.

[PornDiscounts-V]

Originally Posted by Tasty1

Airbnb won't grow that much more, but more and more forbidden. Perhaps in upcoming countries. Couldn't find anything on airbnb in Holland for long time stay. now it is taken over by facebook marketplace and i found my appartements by faceook groups. (how are the governments planing to control that?)

I had the last 2 months 2 appartments. Both times i was able to find the owner on facebook or their website. That saved me 1000 usd in 2 months. First don't pay the booking fees (around 500 USD). And also Mexico gets the tax on rentals trough airbnb and know how much the owner has to pay tax... So go directly, negotiate and stop paying those fees and taxes. I think in 90% of the cases i can surpass Airbnb and saves me thousands when i am travelling. I always look 500 - 1000 euro above i am willing to spent for an appartment on airbnb. Something stupid people come in, they paid the full prices. While i think there are villa's here where you could get 50% of the price so you save thousands on a holiday trip.

And for people renting out, give your property a name, than i can search on facebook and google and will find it.it

I've saved quite a bit using the same method. I love it when people give their properties unique names.

[InfoGuy]

Originally Posted by Tasty1

Airbnb won't grow that much more, but more and more forbidden. Perhaps in upcoming countries. Couldn't find anything on airbnb in Holland for long time stay. now it is taken over by facebook marketplace and i found my appartements by faceook groups. (how are the governments planing to control that?)

I had the last 2 months 2 appartments. Both times i was able to find the owner on facebook or their website. That saved me 1000 usd in 2 months. First don't pay the booking fees (around 500 USD). And also Mexico gets the tax on rentals trough airbnb and know how much the owner has to pay tax... So go directly, negotiate and stop paying those fees and taxes. I think in 90% of the cases i can surpass Airbnb and saves me thousands when i am travelling. I always look 500 - 1000 euro above i am willing to spent for an appartment on airbnb. Something stupid people come in, they paid the full prices. While i think there are villa's here where you could get 50% of the price so you save thousands on a holiday trip.

And for people renting out, give your property a name, than i can search on facebook and google and will find it.

If you are finding random people on Facebook and are not seeing the rentals in person, how can you be certain that you are not being scammed?

[Tasty1]

Originally Posted by InfoGuy

If you are finding random people on Facebook and are not seeing the rentals in person, how can you be certain that you are not being scammed?

I just visited this new apartment, so i met the guy and seen the appartment. The other one also has a rental company (many rental companies on airbnb) so i searched his site. Many people make a facebook page for their property, so you can read the reviews etcetra. And offcourse you see the airbnb reviews of the people who paid the full price.

Maybe i will get scamed once, but already saved much more. Like in Brazil, saw something on airbnb on an island. And cause i stayed there before for months i was sure we must have a friends connection together, search the name and there it was. I book many times just days before. So people are willing to give a good price. And many times i fill it up till it is rented out to someone else. They can fill all the dates and willing to make a good price.

[KrisKross]

Originally Posted by AzteK

That's so short-sighted. Vaccines are rolling out.

This company doesn't need any real estate to expand. The global reach it has is unparalleled.

He wasn't talking about COVID related restrictions

[CAHEK]

Shares are being dump today %10

Haha

[AzteK]

Yea it hurts, I'm not a day trader so I'm holding on. I'm still confident about its growth over the next 5 years. Vaccines are rolling out. We'll see how it pans out.

[AzteK]

Originally Posted by KrisKross

He wasn't talking about COVID related restrictions

Yes, I understand now, thank you.

[OneHungLo]

Originally Posted by AzteK

Yea it hurts, I'm not a day trader so I'm holding on. I'm still confident about its growth over the next 5 years. Vaccines are rolling out. We'll see how it pans out.

I like it. I'm watching it closely and will pull the trigger soon for a long term hold.

Bump this in 5 yrs when their market cap is 500 billion.

[InfoGuy]

Originally Posted by AzteK

Get in on the action. What a week for IPO's!

Most IPOs are losers for long term investors. Besides VCs and angel investors, GS, MS and the other large investment banks are the ones making a killing in IPOs. And it's not from the 10% underwriting fees, it's from the 15% overallotment option.

[NewbieNudes]

Everytime I have used Airbnb the places have been filthy shit tips.

[CAHEK]

Originally Posted by AzteK

Over the next 5 years it's going to crush these numbers.

not happening buddy, it will go down hill.

1) Rent prices are down ( low rates )
2) Travel restrictions, air traffic is down 70-80%, international tourism is dry.
3) Gathering restrictions
4) Plenty of hype and speculation
5) $1 billion in losses in 2019, continued cash burn in 2020,2021,2022