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The IPO market looks hot as Airbnb and C3.ai raise price targets
https://techcrunch.com/2020/12/07/the-ipo-market-looks-hot-as-airbnb-and-c3-ai-raise-price-targets/
So much for a December slowdown — this morning, Airbnb and C3.ai raised their IPO price ranges and we got early pricing information from Upstart and Wish.
This gives us a good amount of ground to cover. So, we’ll dig into Airbnb’s new price range first, working to understand how richly investors are valuing the American home-sharing unicorn. We’ll repeat the experiment with C3.ai, a company we find utterly fascinating. Then we’ll calculate valuation ranges for both Upstart, a consumer lending fintech, and Wish, an e-commerce giant, to see where they stand.