Amongst the most notable IPOs in 2018 were Spotify, Dropbox and DocuSign, making it an exciting year for the markets. But 2019 is expected no less than 2019 as there will be several startups that will probably follow this path.
Slack, Airbnb and Uber are some of the companies expected to go public in 2019.
Many of the startups most likely to go public this year are very profitable, and few of them also stand out for the process they will follow to get it done.
Here are the 10 startups most likely to go public this year along with their plans to do so.
10. CrowdStrike
This cyber security company is valued at $3 billion. CrowdStrike is dedicated to preventing cyber attacks using artificial intelligence. It could be distinguished from other security companies, which are normally acquired, going public in the first half of 2019 with the advice from Goldman Sachs.
9. Cloudflare
This startup founded in 2009 is in charge of making web pages load faster. They are also planning to go public in 2019 by Goldman Sachs and could be valued at 3.5 billion dollars.
8. Robinhood
Dedicated to facilitating the exchange of shares, its intention is to go public in 2019. However, they might face some difficulties due to their earnings. However, some investors have shown interest and it is valued at 5.6 billion dollars.
7. Slack
The popular working tool could go public in 2019 following the same process as Spotify, which opted for a “direct quote” exit. It is currently valued at 7 billion dollars.
6. Rackspace
This company helps companies and governments move their IT operations to the cloud and two years ago Apollo bought it for $4.5 billion. Now, after an agreement, it could be worth 10 billion dollars but Apollo has not yet decided whether to keep it or make it public.
5. Pinterest
The intention of the social network was to go public in 2018, but did not meet the estimated income. However, it looks like everything is ready to go public in 2019 valued at 12 billion dollars.
4. Lyft
In October Lyft overtook Uber and hired J.P. Morgan to lead its IPO in 2019. It is valued at $15 billion.
3. Airbnb
The 31 billion dollar home rental platform is also exploring the possibility of flotation using the same method as Spotify’s direct listing.
2. Palantir
Peter Thiel’s data mining company could be another of the most valuable startups to go public in 2019. It is valued at $41 billion and they have met with Credit Suisse and Morgan Stanley to explore the possibility, although nothing is certain yet.
1. Uber
And finally, Uber. It is valued at $120 billion and filed documents with the SEC on the same day as Lyft. It is not clear which of the two companies will go public first this 2019.
