[ryporter]

That implies that their stock price will plummet after they IPO. You'll be able to make a fortune shorting their stock.

[paulpauper]

It may drop briefly initially, but as we saw with Linked-in, Facebook, or Google, zillow, if the fundamentals are strong, prices will keep rising. No free lunch shorting these.

[ryporter]

My point was that it would be if Airbnb's fundraising were truly a pyramid scheme, which it obviously is not.