Airbnb Goes Public!

Huge congratulations to our portfolio company Airbnb for listing on the Nasdaq stock exchange today! The IPO is a great is a great outcome for our Venture strategy which focuses primarily on scalable, tech enabled companies and adds to our successful track record in household names including Uber and Pinterest. Airbnb’s asset-light business model, global brand and high operating leverage has given the company a strong competitive edge in the market and ACE is proud to have been an investor in the company from its early days! Learn more about the IPO here