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Airbnb IPO Isn’t Happening Soon, Andreessen’s Jeff Jordan Says

Airbnb Inc.’s public debut won’t happen anytime soon as the company is still focused on growth and overcoming regulatory challenges, said Jeff Jordan, the Andreessen Horowitz partner on the board of the online home-booking company.

The San Francisco-based company is still in a hyper-growth stage, Jordan said in an interview on Thursday. Next year is probably too optimistic because management hasn’t prepared for a market debut and more time is needed to resolve regulatory hurdles, he said.