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Airbnb Inc.
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===General risk factors=== # The value of its marketable securities could decline, which could adversely affect its results of operations and financial condition. # Airbnb incurs significant expenses as a result of being a public company, which could materially adversely affect its business, results of operations, and financial condition. # As a public reporting company, Airbnb is subject to rules and regulations established by the SEC and Nasdaq regarding its internal control over financial reporting. Airbnb may not complete needed improvements to its internal control over financial reporting in a timely manner, or these internal controls may not be determined to be effective, which may adversely affect investor confidence in the company and, as a result, the value of its Class A common stock and your investment. # The failure to successfully implement and maintain accounting systems could materially adversely impact its business, results of operations, and financial condition. # Airbnb's results of operations and financial condition could be materially adversely affected by changes in accounting principles. # Avoiding regulation under the Investment Company Act may adversely affect its operations.
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