Airbnb Inc. said Thursday that it is not going to list on the public markets in 2018, following the departure of its Chief Financial Officer Laurence Tosi. In a statement Airbnb Chief Executive Brian Chesky said, “We are not going public in 2018. Our primary focus is becoming a 21st-century company and advancing our mission. We’re working on getting ready to go public and we will make decisions about going public on our own timetable.” Chesky previously said in October that the company was half way through its two year process to prepare to go public, though that did not mean the company planned to do so once it was complete. Airbnb also said Thursday that it had elevated Belinda Johnson to the Chief Operating Officer position. Previously she served as chief business affairs and legal officer at Airbnb and currently sits on the PayPal Inc. board, according to her LinkedIn profile.
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