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Airbnb announced it has confidentially filed its S-1 paperwork on the path to taking the company public.
The $31 billion startup had been on the verge of an IPO before the pandemic devastated its business after it lost $1 billion in bookings and was forced to lay off 25% of its staff.
Biz Carson ( @bizcarson) is a San Francisco-based reporter at Protocol, covering Silicon Valley with a focus on startups and venture capital. Previously, she reported for Forbes and was co-editor of Forbes Next Billion-Dollar Startups list. Before that, she worked for Business Insider, Gigaom, and Wired and started her career as a newspaper designer for Gannett.