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Airbnb grants, bonuses aim to appease employees during IPO wait

Photo illustration: Axios Visuals

Airbnb is rolling out new equity grants and a cash bonus program to appease employees' impatience over the company's long-awaited IPO, which could be as soon as June 30, 2019, a source tells Axios.

Why it matters: Startups have benefitted from the plentiful availability of late-stage capital to remain private longer. The downside is that long-time employees become restless, especially if they have few opportunities to sell their stock.

The Information first reported Airbnb's compensation news.