On today’s episode of the Tech Talk Tuesday podcast, Ryan McQueeney discusses the latest trends seen in the U.S. and global IPO markets and profiles two large tech “unicorns” slated to go public within the next few years: Airbnb and Palantir Technologies.
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Thanks to the recent debuts of popular online brands like Dropbox (DBX - Free Report) and Spotify (SPOT - Free Report) , tech IPOs have been getting a lot of attention lately. Overall, tech and biotech led a decent stretch for the IPO markets in Q1, with deal sizes expanding significantly year over year despite a drop in the total number of listings.
Dropbox and Spotify were two of the tech sector’s top unicorns, which refers to any privately held startup company valued at over $1 billion. With their debuts grabbing headlines around the world, many investors are starting to anticipate IPO plans from several other major unicorns.
Keeping this in mind, Ryan profiles Airbnb and Palantir, two massive tech unicorns with entirely different stories. Whereas Airbnb has emerged as a household name thanks to its disruptive approach to the lodging industry, Palantir is cloaked in mystery and seems to be involved in a number of secretive big data projects.
Of course, that’s only a fraction of what investors need to know about both companies as they look to go public in the coming years. Make sure to check out the episode for a full guide!
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