Yet another big day in public markets as Airbnb made its debut, popping 115%! The spike was so big it even left Airbnb CEO Brian Chesky speechless. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. In the wake of Airbnb going public, Dakin Campbell has a nice look at a couple of firms that are notching big gains. Silver Lake Partners and Sixth Street Partners made a big bet on Airbnb, loaning the company $1 billion during the height of the pandemic. Part of the deal included an equity kicker, which is quite valuable now. Get the full rundown of the deal and how the firms made out. Click here to read the entire story. Here's an interesting one out of Carter Johnson. Chidi Achara doesn't cut the profile of what you'd expect for someone at a fintech, having spent a career in fashion. But he's tasked with the rebrand at Stash. Read more here. |
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