These Tech Unicorn IPOs On Horizon — Are They Good Investments?
Summary
An IPO from the likes of Uber, Airbnb, SpaceX or another extremely large privately held company could rattle the landscape and open the door for more stock-investing opportunities.A lengthy period of strong IPO returns and low market volatility has created a receptive environment for a wide variety of companies to come public at desired valuations, the research firm said.The Facebook ( FB ) IPO, despite a big stumble on its first day of trading, ultimately fueled a surge among venture capital firms investing in social media companies.That report showed Facebook making strong inroads on monetizing mobile, as earnings and revenue handily beat Wall Street estimates.In an interview with Bloomberg in February, WeWork Chief Financial Officer Artie Minson said the company hopes to double its membership to around 400,000 by the end of this year.