With US equities soaring to record highs and many recent IPOs showing healthy gains, it's a good time to look at the next wave of buzz-worthy companies that may go public. The latest social media sensation likely to get called up is Pinterest. The content sharing site could be the next Twitter (TWTR) in terms of IPO demand and lofty valuations. Like many social media sites, Pinterest's business model is still a question mark. Another potential social media IPO is Snapchat. The video sharing app just turned down a $3 billion buyout offer from Facebook (FB), possibly to take a shot at going public. Some other potential IPOs - mobile payment company Square, digital music service Spotify, and file sharing company Dropbox. It will be interesting to see if the recent string of successful IPOs kickstarts the next wave going public.
Hi Mr. Marlay Thanks for the tip. The article is still on Techcrunch.com website. Similar URL link. Not sure why the link is not working well. If readers are interested, just go to Search, and type 'Snapchat valuation'. I think there are a list of articles. Find the one written by the author named Mr. Alex Wilhelm, entitled, What are the Revenue Targets Snapchat Must Meet To Be Worth $3 Billion? Hope it helps. Hock Meng
I think one of the articles in TechCrunch.com came up with a fun way to value Snapchat.com. It shows what is the approx. EV/Rev multiples that could be used to value Snapchat.com at USD 3.0 billion. The article link is as follows: http://techcrunch.com/2013/11/13/what-are-the-revenue-targets-snapchat-must-meet-to-be-worth-3-billion/ Enjoy. Great discussion of tech IPOs. Hock Meng
Box.com could also be another potential IPO name to look out for.
Look at success of freelancer!
I just came across this one on Dropbox, apparently it is seeking to raise $250million with a valuation of $8billion. These online utility businesses are part of most peoples vernacular these days and have become an essential part of B2B interactions.
Hock, the link looks like it has been redirected? I wonder if the article got pulled down.
Article in today's AFR basically saying as the markets keep climbing investors are looking for new growth opportunities. The tech space is first cab off the rank in many peoples eyes. http://www.afr.com/p/business/enterprise/dot_coms_set_to_take_off_in_say_E90p8ZluhP5yvbb3dB588L