Drew Pascarella

Lecturer of Finance

Drew Pascarella, senior lecturer of finance at the Cornell University SC Johnson College of Business, says Airbnb has demonstrated itself as a clear winner, and that investors won’t need to speculate on its future.

Pascarella says:

“Airbnb’s IPO is the latest in a long trend of above-the-range deal pricings, as equity investors fight for shares of high-quality companies who have been cooped up far too long. Airbnb is a household name, a clear market leader, and should already be public by now. Unlike young startup IPOs, investors don’t need to speculate about Airbnb’s future. We’re in the future, and Airbnb is a winner.”