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The tech IPO bonanza: More than 100 unicorns could go public this year

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Ralph Miller
Apr 03, 2019 12:12
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More than 100 tech unicorns could go public in 2019, according to UBS.

Big-name unicorns preparing for IPOs include Uber and Pinterest,

More than 100 tech unicorns — privately-funded startups with a market value of $1 billion — could go public in 2019, according to an analyst note by Swiss investment bank UBS.

Citing figures from CB Insights, UBS said there are 162 companies in the US that qualify as unicorns, while there a further 171 internationally.

Although it did not speculate which of this crop of startups will IPO, it listed a number of companies that have announced plans to go public, including Uber and Pinterest.

"The deciding factor will be whether these companies actually live up to expectations, which won't be determined on the first trading day.

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Ralph Miller
Apr 03, 2019 12:12
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