Airbnb runs a marketplace where hosts offer stays, experiences and services.
The Host Endowment serves hosts
Airbnb’s founders’ letter for its 2020 IPO describes a Host Endowment seeded with company shares to support hosts. The letter mentions no booking reward for people who buy ABNB shares.
A limited finding
The investor FAQ does not prove that Airbnb has never offered a shareholder benefit. Before relying on Airbnb shares for a cheaper stay, ask Airbnb whether a current shareholder offer exists.
Company story
Airbnb began with three airbeds. In 2007, two San Francisco roommates offered space in their apartment when a design conference filled the city’s hotels. Their first three guests made them Airbnb’s first hosts. The company’s founders tell that story in their letter to prospective investors.
