Tech IPOs year to date have performed well. 8/13 venture-backed tech IPOs this year, including Slack's direct listing, are in profitable territory. If you'd put $1 million into each of them at the IPO price, your $13 million initial investment would be worth $21.7 million - a 67% gain compared to +20% performance in the S&P 500 YTD. As we’ve discussed earlier this month, investors’ appetite for technologies leveraging secular trends appears undiminished
16 Sep 2019
Tech IPOs outperform, Uber’s great freight hope, New Huawei technology
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Tech IPOs outperform, Uber’s great freight hope, New Huawei technology
Trakm8 Holdings PLC (TRAK:LON), 9.2 | CAP-XX Limited (CPX:LON), 0.1 | Seeing Machines Limited (SEE:LON), 4.2 | Quartix Technologies PLC (QTX:LON), 155
- Published:
16 Sep 2019 -
Author:
Kartik Swaminathan -
Pages:
5
Tech IPOs year to date have performed well. 8/13 venture-backed tech IPOs this year, including Slack's direct listing, are in profitable territory. If you'd put $1 million into each of them at the IPO price, your $13 million initial investment would be worth $21.7 million - a 67% gain compared to +20% performance in the S&P 500 YTD. As we’ve discussed earlier this month, investors’ appetite for technologies leveraging secular trends appears undiminished