- Airbnb employees are increasingly agitating for the startup to go public (IPO) so they can cash in on stock options and shares.
- To keep them happy, boss Brian Chesky has offered perks including extended sabbaticals and higher retirement-matching.
- Some tranches of employee stock-awards are set to expire (become worthless) in November 2020.
- Since 2011, Airbnb has prohibited employees from selling shares.
- However, some current and former employees have circumvented the rule by selling on private secondary markets or taking out loans against their shares.
Inside Airbnb, Employees Eager for Big Payouts Pushed It to Go Public
(09/20/2019)