Well, 2013 has certainly been the year for tech IPOs. Facebook shares have jumped 116%, Google, Twitter and Amazon are each up almost 60%, Yahoo climbed over 100% and even AOL shares grew by over 50%, this doesn’t even include the likes of LinkedIn and Netflix who also had a bumper year on the stock market.
This leaves us thinking that 2014 is likely to be another great year for tech IPOs but which companies can we expect to go public in the next 12 months?
First in the limelight is the Alibaba Group. China’s biggest e-commerce company, a mix between Amazon and eBay, on one day alone in November they topped $5.7 billion in sales across the group. Now, the company is looking to go public on the US market and it’s expected to be the biggest tech IPO of all time, possibly worth $100 billion.
Next up is Dropbox. The cloud storage company with over 200 million users recently valued itself at around $8 billion and with a healthy business plan that doesn’t revolve around the fluctuating advertising market it’s probably not far off. Dropbox’s biggest issue is competition from the likes of Microsoft who already have business users in the palm of their hands.
The mobile payments company, Square, has recently been talked about with regards to an IPO. It’s founder Jack Dorsey, who also co-founded Twitter, has supposedly been in talks with bankers about going public in 2014. The company was recently valued at just over $3 billion and has a more than healthy share in the mobile payments market that it helped revolutionise.
There’s a whole host of other possibilities including the likes of Spotify, King, Rovio, and Pinterest but one we’re not likely to be seeing is Evernote who’s CEO, Phil Libin, says he doesn’t expect the ‘100 year start-up’ to IPO before 2015.
Will you be investing in any of the tech companies in 2014 or do have a thought on who might go public? Leave your comments below.