Home-sharing giant Airbnb Inc. unveiled paperwork for its initial public offering this week, moving ahead with its plans to sell shares to the public in a challenging year when the coronavirus pandemic has buckled the travel industry.

The San Francisco-based company was founded in 2008 after Joe Gebbia got his friends Brian Chesky and Nathan Blecharczyk excited about renting an air mattress in his downtown apartment. It has grown into a global behemoth with more than 4 million hosts and over 7.4 million listings of home rentals…

This post first appeared on wsj.com

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