Airbnb’s IPO will make its founders billionaires several times over.
If the room booking service’s float proceeds as planned it is expected to raise as much as $3bn to achieve a valuation of about $31bn.
The float prospectus revealed that Brian Chesky, chief executiveand co-founder, owns 15.4% of the business, while co-founder Joe Gebbia and original software developer Nathan Blecharczyk each own 14.2%.