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Should You Jump Into the Airbnb Stock Frenzy? Consider This First

The poster child of the gig economy is now valued at more than $100 billion. Here’s what you should ask yourself before putting your money in.

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Photographer: Brandon Stanley

Airbnb is completing its journey from scrappy start-up to corporate heavyweight with its long-anticipated debut on the Nasdaq stock exchange.

The San Francisco-based company’s shares opened at $146 apiece, well above the $68 initial public offering price,  propelling the firm to a $100 billion-plus valuation. And that’s 24 hours after delivery firm DoorDash Inc. supercharged investor expectations by almost doubling in its frenzied public debut.