PALO ALTO, U.S. -- Airbnb's chief executive is optimistic about the company's prospects in the year ahead, saying he expects next summer's Tokyo Games to provide a much-needed boost in Japan while the home-sharing service heads into its planned stock market flotation with a "very healthy balance sheet."
"We've been generating cash flow for a number of years in a row ... We're not burning money, and we have raised a sizable amount," Brian Chesky said in a recent Nikkei interview. "That is definitive: We do not need to raise more money," he added, through a public listing set for next year -- when Tokyo will host the Summer Olympics, which the CEO hopes will help grow Airbnb's Japanese profile.
