HomeAway Files For $230 Million IPO

Posted Mar 11, 2011

Last month I wrote about how HomeAway.com is in talks for a $300 million IPO. It turns out that HomeAway.com has filed for a $230 million IPO. HomeAway.com lets users rent houses, condos, etc. that the owners list. HomeAway has 500,000 listings across 145 countries. HomeAway made $167.9 million in revenues last year with a net profit of $16.9 million. Austin Ventures owns 24.4% of HomeAway and CEO Brian Sharples owns 3%. [Statesman]