The initial public offering (IPO) has been a hot topic on Wall Street in recent months, as private businesses increasingly see a prospect of stock market profits as market ratings rise significantly above expectations.
In 2020, financial markets saw several very successful initial public offerings, as governments gave a number of monetary incentives and investors relied on many debuting companies in the stock market.
Some of the big names listed in the market in the last few months include Airbnb, Inc. (NASDAQ: ABNB), DoorDash, Inc. (NYSE: DASH), and Coinbase Global, Inc. (NASDAQ: COIN). Airbnb, Inc. was valued at over $ 86 billion on the first day of trading. DoorDash, Inc. there was a similar high estimate of over $ 72 billion on the first day.
Here we will look at some promising companies that are planning an IPO in the second half of 2021.
Stripe is a financial services company founded in 2009. The company offers payment processing solutions and other services for e-commerce and mobile applications. Stripe is probably the most valuable private company in California with many well-known business clients.
The IPO is planned for the coming months and estimates are currently over $ 100 billion, which is likely to be the largest initial public offering in modern history. Stripe seeks to take advantage of recent investor confidence around technology companies, which in recent months have seen many big technology names reach astronomical levels since their IPO.
Stripe is a financial services company that mimics the business model of Square, Inc. (NYSE: SQ), one of the market leaders in fintech with a market capitalization of nearly $ 100 billion.
Instacart is a retail company founded in 2012. The company operates an internet-based grocery delivery and picking service serving customers in the United States and Canada. The company is planning to make its stock market debut in the coming months, but there is still confusion as to how it intends to do so.
Instacart is one of the most valuable private companies in the world of the Internet and can debut with over $ 50 billion in capitalization. Last year, DoorDash, Inc. (NYSE: DASH), a competitor to Instacart, reached a market value of over $ 60 billion at its debut. Since then, DoorDash, Inc. grabbed a solid market share and became one of the largest and most recognizable brands in the United States.
Couchbase is a software company founded in 2011 that mainly develops commercial packages for open source databases. The company applied for an IPO in March and is valued at more than $ 3 billion. Annual revenue is estimated at $ 100 million.
Demand for products offered by Couchbase has risen amid the COVID-19 pandemic as data storage and management become increasingly important. So far, Couchbase has raised nearly $ 300 million from investors led by GPI Capital, North Bridge Venture Partners and Accel, among others.
Junior Trader Nikolay Nankov