ravenalive

The last round of private equity funding was reportedly a “down round” at an $18 billion valuation.

https://www.cnbc.com/2020/08/11/airb...his-month.html

i would think it would be challenging to do a successful IPO for this company given the current uncertainty over Covid19, declining revenues, layoffs, operating losses, etc. But they may need an infusion of capital and it could be they think they can do better in the public market than they would by trying to raise another private round. All speculation, I have no first hand knowledge.