A look at which companies might go public in 2018
Companies like Airbnb, Uber and Dropbox have been highly anticipated IPOs for years
The tech IPO market has been up and down this year. At first, it seemed like it was going to be even better than 2016, and the second half of last year had already looked like a turnaround after 2015 - which was considered the worst year for IPOs since 2009. Some very well known startups, including Cloudera, Mulesoft, Okta, and Yext, all went public in the first half of 2017.
However, things slowed down considerably in Q3, likely thanks to Blue Apron and Snap, two big companies, both of which underperformed.
The news hasn't been all bad lately, though. Many tech stocks did well in Q3, and then there was also the successful Roku IPO in September. There have also been a number of technology companies that have already filed to go public; among the 11 that have done so include Sea, Switch, MongoDB and CarGurus.
If things pick up again in Q4, it's a safe bet that some other big name companies will also go public next week. Here are some of the companies that could take the plunge:
Year founded: 2008
Amount raised: $4.4 billion
Investors: CapitalG, TCV, Altimeter Capital, Geodesic Capital, Glade Brook Capital Partners, Morgan Stanley, JP Morgan Chase & Co., Brand Capital, Citigroup, FirstMark, Sequoia Capital, GGV Capital, Fidelity Investments, Kleiner Perkins Caufield & Byers, Andreessen Horowitz General Catalyst, Jeff Bezos, Ashton Kutcher, Greylock Partners, Keith Rabois, Y Ventures
Market valuation: $31 billion
Traction: Over 200 million guests, over 65,000 cities, more than 191 countries, over 3 million listings
Year founded: 2009
Amount raised: $11.6 billion
Investors: SoftBank, General Atlantic, Didi Chuxing, Dragoneer Investment Group, Axel Springer, G Squared, Barclays PLC, Citigroup, Goldman Sachs, Morgan Stanley, Saudi Arabia's Public Investment Fund, MoneyTime Ventures, Tata Capital, Microsoft Corporation, 408 Ventures, AppWorks Ventures, HDS Capital, Brand Capital, Light Street Capital, Foundation Capital, Lead Edge Capital, Times Internet, Square Peg Capital, Sherpa Capital, Lone Pine Capital, GV, BlackRock, Kleiner Perkins Caufield & Byers, Summit Partners, Menlo Ventures, Shawn "Jay-Z" Carter, Jeff Bezos, Troy Carter, Data Collective, First Round Capital, Benchmark
Market valuation: $70 billion
Traction: 5 billion rides completed, 84 countries, 737 cities
Year founded: 2007
Amount raised: $3.6 billion
Investors: CapitalG, AllianceBernstein, UTA Ventures, Graphene Ventures, Flat World Partners, InMotion Ventures, Autotech Ventures, Alibaba, Didi Chuxing, ECA Ventures, Rakuten, Janus Capital Group, General Motors, EquityZen, Fontinalis Partners, Cherry Tree Investments, Altpoint Ventures, Aslanoba Capital, Mayfield Fund, Andreessen Horowitz, GSV Capital, QueensBridge Venture Partners, Third Point Ventures, Founders Fund, K9 Ventures, FLOODGATE, Keith Rabois
Market valuation: $11 billion
Traction: 300 cities, over 1 million rides per day
Year founded: 2007
Amount raised: $2 billion
Investors: Royal Bank of Canada, Deutsche Bank, Macquarie Group, Goldman Sachs, Bank of America, Salesforce Ventures, Green Bay Ventures, QueensBridge Venture Partners, G Squared, BlackRock, Greylock Partners, Benchmark, Sequoia Capital, SV Angel, Accel Partners, Glynn Capital Management, Valiant Capital Partners, IVP, Signatures Capital, Y Combinator
Market valuation: $10 billion
Traction: Dropbox has more than 500 million registered users, over 200,000 businesses and organizations are using Dropbox Business, Dropbox has users in over 200 countries and territories, and is supported in 20 languages, Dropbox has 13 offices around the world, with locations in San Francisco, Austin, Dublin, Herzliya, London, New York, Paris, Seattle, Sydney, Hamburg, Amsterdam, Washington DC, and Tokyo.
Year founded: 2006
Amount raised: $2.6 billion
Investors: blisce/, Harmony Partners, GP Bullhound, TPG, Dragoneer Investment Group, SharesPost Investment Management, EquityZen, Rinkelberg Capital, Northzone, Goldman Sachs, GSV Capital, Fidelity Investments, Lakestar, Accel Partners, The Coca-Cola Company, 137 Ventures, Kleiner Perkins Caufield & Byers, Sean Parker, Horizons Ventures, Li Ka-shing, Click Ventures
Market valuation: $16 billion
Traction: Over 60 million subscribers, over 140 million active users, over 30 million songs, over 2 billion playlists
Year founded: 2001
Amount raised: $825.7 million
Investors: DAG Ventures, GSV Capital, New Enterprise Associates, Mobius Venture Capital, Blue Ivy Ventures, Kleiner Perkins Caufield & Byers, Green D Ventures, Credit Suisse, E.ON, Apex Venture Partners, GSV Capital, Advanced Equities, Sunbridge Partners, Goldman Sachs
Market valuation: $3 billion
Traction: Bloom Energy had pro forma revenue of $42 million in Q1 2013, down from $101 million in Q3 2012. Q3 2012 pro forma loss was nearly $32 million. It also reported a 26% quarter-over-quarter revenue increase, and had booked 87 new commercial customers in that quarter.
Year founded: 2004
Amount raised: $2.1 billion
Investors: Binux Capital, Khazanah Nasional, Kortschak Investments, L.P., Mithril Capital Management, Artis Ventures, Founders Fund, G Squared, Sozo Ventures, 137 Ventures, Jeremy Stoppelman, Keith Rabois, Ulu Ventures, REV, In-Q-Tel, Click Ventures
Market valuation: $20 billion
Traction: Palantir is believed to have booked $1.7 billion in revenue in 2015, accoridng to Bloomberg. That's up from $1 billion in revenue in 2014
Year founded: 2009
Amount raised: $1.5 billion
Investors: blisce/, Founders Circle Capital, Bessemer Venture Partners, SV Angel, FirstMark, Valiant Capital Partners, Wellington Management, Goldman Sachs, Andreessen Horowitz, G Squared, Fidelity Investments, Innovation Department, Slow Ventures, Rakuten, Acequia Capital, Max Levchin, Kevin Hartz, New York Venture Partners, Rick Heitzmann, New York Angels, Manatt Venture Fund
Market valuation: $12.3 billion
Traction: 200 million monthly active users, Pinterest expects to make more than $500 million in revenue this year
Year founded: 2002
Amount raised: $1.5 billion
Investors: Capricorn Venture Partners, Draper Fisher Jurvetson, Founders Fund, Fidelity Investments, Google, Valor Equity Partners, Rothenberg Ventures, Elon Musk
Market valuation: $21 billion
Traction: Since 2002, SpaceX has had more than 70 future launches, representing over $10 billion in contracts. The company is projected to have over 40 million subscribers and bring in more than $30 billion in revenue by 2025.
Year founded: 1999
Amount raised: $1.1 billion
Investors: Morgan Stanley, T. Rowe Price, CapitalG, ICONIQ Capital, Social Capital, Tiger Global Management, Laurel Crown Partners, Goldman Sachs, Suntrust, Salesforce Ventures, Bain Capital Ventures
Market valuation: $2 billion
Traction: Every day, 3 million people around the world use the platform
Year founded: 2011
Amount raised: $9.9 billion
Investors: SoftBank, Hony Capital, Legend Holdings, T. Rowe Price, Glade Brook Capital Partners, Fidelity Investments, JP Morgan Chase & Co., Harvard Management Company, Wellington Management, Benchmark, Goldman Sachs, Aleph, Aber Whitcomb
Market valuation: $20 billion
Traction: WeWork has 110 locations open around the world. In 2016, it doubled its presence globally with the addition of 18 new cities across six new countries, and welcomed a community of creators in 58 new locations. In December alone, its team members opened nearly 10,000 desks across eight countries in 14 cities on four continents.
Year founded: 2006
Amount raised: $239.9 million
Investors: Shasta Ventures, Granite Ventures, Meritech Capital Partners, DFJ Growth, and Premji Invest
Market valuation: $1.1 billion
Traction: With over 600 global customers, Anaplan has over 800 employees
Year founded: 2007
Amount raised: $321 million
Investors: Yahoo! Japan, News Corp., SharesPost Investment Management, EquityZen, WPP Ventures, Tribeca Venture Partners, Venrock, TCV, Microsoft, First Round Capital, Kodiak Venture Partners, Khosla Ventures, Grape Arbor VC, SCV Angel, Ben Horowitz, Ronald Conway, Marc Andreessen, Coriolis Ventures
Market valuation: $2 billion
Traction: AppNexus is estimated to be seeing around $2 billion in ad spending, for $200 million in annual revenues.
Year founded: 2007
Amount raised: $368 million
Investors: Viking Global Investors, Tiger Global Management, Valinor Management, Founders Fund, SV Angel, QED Investors, Susquehanna Growth Equity, Felicis Ventures, CapitalG
Market valuation: $3 billion
Traction: Credit Karma had $500 million in revenues last year. It has more than 70 million users, which includes roughly half of all millennials in the United States.
Year founded: 2007
Amount raised: $204.5 million
Investors: Battery Ventures, Tiger Global Management, Sutter Hill Ventures, CapitalG, Benchmark, Dragoneer Investment Group, DAG Ventures
Market valuation: $1 billion
Traction: Glassdoor has approximately 35 million reviews and insights for approximately 700,000 companies. More than 48 million unique users visit Glassdoor's mobile applications and website monthly.
Year founded: 2009
Amount raised: $790 million
Investors: SoftBank, Accel Partners, GGV Capital, Comcast Ventures, Thrive Capital, IVP, Index Ventures, Social Capital, DST Global, Horizons Ventures, GV, Spark Capital, Slow Ventures, Andreessen Horowitz, Kleiner Perkins Caufield & Byers, Anthony Casalena, Biz Stone, Jeremy Stoppelman, Rob Solomon, Patrick Collison, Bradley Horowitz, Jeff Weiner, FundersClub, SV Angel, Marc Andreessen
Market valuation: $5.1 billion
Traction: Slack is seeing $200 million annual recurring revenue. There are over 50,000 paying companies using Slack, with 9 million weekly active users.
Year founded: 2010
Amount raised: $440 million
Investors: CapitalG, General Catalyst, Sequoia Capital, Square Peg Capital, Kleiner Perkins Caufield & Byers, Playfair Capital, Paua Ventures, Visa, American Express Business Travel, Designer Fund, Founders Fund, Khosla Ventures, Thrive Capital, Allen & Company, Aaron Levie, Redpoint, Elad Gil, Chris Dixon, Peter Thiel, Andreessen Horowitz, SV Angel,Elon Musk, Y Combinator
Market valuation: $9 billion
Traction: Stripe processes billions of dollars of payments every year.
Year founded: 2009
Amount raised: $237.2 million
Investors: Sequoia Capital, CapitalG, Tiger Global Management, Javelin Venture Partners, Baillie Gifford, MHS Capital, Draper Associates, Yan-David Erlich, Mark Goines, Scott Banister, Jim Lanzone, Jason Calacanis, Mark Britto, Joshua Schachter, Hadi Partovi, Scott Faber, Denis Grosz, Ariel Poler, Ali Partovi, Auren Hoffman, Cyan Banister
Market valuation: $1.3 billion
Traction: Thumbtack has 260,000 active professionals, with 3,142 counties served. The average job price is $500 and the company has helped generate over $1 billion in annual revenues for the professionals.
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