On a “mature unicorn” hunt, Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH.U) has been rebuffed by Airbnb (AIRB), according to a Bloomberg headline.
Pershing Square Tontine six weeks ago raised a SPAC-record $4B in an IPO.
Airbnb two weeks ago reportedly confidentially filed paperwork for an IPO. The company’s valuation at an April fundraising round was $18B, down from $31B prior to the pandemic.
Other possibilities for Ackman? Perhaps Bumble, which this morning is reported to be prepping an IPO in the $6B-$8B valuation range. Or maybe Robinhood (RBNHD), which recently raised $200M at an $11.2B valuation, and has massively shaken up the brokerage industry.
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