Experts believe that 2022 will be another great year for Initial Public Offerings (IPOs) because many well-capitalized companies in the sphere of cryptocurrencies and blockchain are planning to become public.
When a new Tesla or Amazon goes public, they might either see rapid growth or face huge financial losses. According to statistics, between 1975 and 2011, more than 60% of companies demonstrated negative returns five years after the IPO.
The five biggest potential IPOs in 2022 according to experts.
Stripe
Evaluated at $95 billion, Stripe might head for the stock market as early as the first half of 2022. Last November, Stripe announced that the company was ready to accept crypto payments again, three years after removing Bitcoin payments.
In the most recent funding round that valued the company at $95 billion, Stripe raised $600 million. The company’s IPO might become one of the greatest in history since the demand for e-commerce increased greatly during the pandemic.
Databricks
Databricks is a data management blockchain company that is evaluated at about $28 billion and has over 5,000 customers in 19 countries. Databricks might conduct its IPO in early 2022. According to the company, its revenue might show growth at the level of over 75% YOY and reach over $1 billion in 2022.
Cybereason
Cybersecurity company Cybereason headquartered in Boston has some big plans for 2022 which mean that the company is likely to go public.
Cybereason offers an XDR (extended detection and response) platform to its users. Last summer, the company built up a lot of financial reserves by securing $275 million in a funding round led by Liberty Strategic Capital – a venture capital fund started by Steven Mnuchin, former secretary of the treasury of the United States.
Revolut
Another company that has a potential to become public in 2022 is Revolut. It is a digital bank headquartered in London that was founded in 2015 by Nikolay Storonsky (CEO) and Vlad Yatsenko (CTO).
The company claims to have approximately 15 million clients. During a Series E funding round led by Tiger Global Management and the SoftBank Vision Fund, it was evaluated at $33 billion.
Patreon
Although Patreon considered conducting an IPO in 2021, the San Francisco-based company preferred to announce a Series F funding round instead. Patreon raised $155 million and was evaluated at $4.3 billion.
Patreon is a platform where content creators, including musicians, bloggers, and podcasters, can connect with their fans, and use special content monetization tools. For example, they can offer NFTs.
Previous IPOs
Coinbase
Ticker: COIN
Coin’s IPO date: April 14, 2021
Return since IPO: -20%
Robinhood
Ticker: HOOD
IPO date: July 29, 2021
Return since IPO: +10%
SoFi
Ticker: SOFI
SOFI’s IPO date: June 1, 2021
Return since IPO: 0%
