The 2021 tech IPO pipeline is filled with high-growth cloud stocks — as long as the market holds up

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

New for subscribers: The 2021 tech IPO pipeline is filled with high-growth cloud stocks — as long as the market holds up Check out CNBCPro today.

is by far the most valuable company in the 2020 IPO class, sporting a market cap of over $73 billion. As tech investors look to 2021, they may not see another Snowflake, but they'll find plenty of fast-growing enterprise companies on the horizon.

According to venture capitalists and tech bankers, at least a dozen companies could raise $1 billion or more each in IPOs next year, though some may choose to go public through direct listings. The level of activity largely depends on how the market performs in a volatile economy, which is being hit hard by another surge inBased on the market's recent strength, there's reason for optimism.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro $PLTR has had some impressive gains as well as $SRNE Covid we’re coming for you WearAMask FDA covid $TSLA $AMZN

Pro 90% of news about covid and trump

Pro The so called evidence provided so far for a natural origin of COVID-19 comes from a single highly biased study in Nature, the Proximal Origin of SARS-CoV-2. At least two authors are getting money from China. One is honored by CCP. The virus was made & leaked from a PLA lab.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines