Airbnb's IPO will likely net millions for Amazon CEO Jeff Bezos - Business Insider

Airbnb's Brian Chesky says what it was like to watch his company's revenue plunge 80% in eight weeks and how he decided to go public anyway in exclusive interviewThe Amazon CEO — through his personal venture capital firm, Bezos Expeditions — invested in Airbnb in two different rounds, according to Pitchbook data: The startup's Series A and Series B in 2010 and 2011.

It's not clear how much Bezos invested in the company at the time and whether he still owns all of his shares. A spokesperson for Bezos Expeditions did not immediately respond to Business Insider's request for comment on its Airbnb investment. While Bezos' payday will likely net him millions of dollars, it will hardly make a dent for the world's richest man, whose net worth currently tops

Gross. Another reason not to use Airbnb.

Give us your money, Geoff!

A more interesting article would be one documenting which of Bezos investments have gone to 0. Much to be learned from the mistakes.

😳😳

Millions? Don’t waste his time... His fortune is valued at 200,000 of those!

subomiadekoya1

How much does he need?!😥

Billionaires have doubled their wealth practically overnight while ordinary people lose jobs, health insurance and housing & wait in mile-long soup lines. Republicans AND Democrats dont say a f**king word. We need to overturn the Constitution that allows this.

the rich getting richer

Eat the rich

This guy shouldn't be allowed to get any richer.

So a rounding error then... “likely to net millions”.

This guy having the time of his life in 2020

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the IPO frenzy: what top capital markets lawyers are saying - Business Insider5 top capital-markets lawyers take us inside 2020's IPO frenzy: Here's how they're raking in millions on the hottest public debuts of the year — and what they think 2021 will look like
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside ESPN's exit from dedicated esports coverage and what it means for media - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 90% of news about covid and trump What is espn SAI i'm proud of this move , ESPN finally realizes Esports is rigged and controlled by Tencent with corrupted Que's & fake bot accounts that sabotage regional games for the promotion of their own ' in house ' gamers .
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside one of the biggest US bank deals since the financial crisis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside BuzzFeed and HuffPost's acquisition: 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside BuzzFeed and HuffPost's tie-up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Amazon Care, the tech giant's bet on primary care - Business InsiderAmazon is quietly building a business to offer medical care to major companies. Here's an inside look at Amazon Care. Unionize the Amazon workers.
Source: BusinessInsider - 🏆 729. / 51 Read more »