The IPO (initial public offer) space is getting back on its feet this year, after having clocked listings of 173 companies on public exchanges in just under 9 months. The number trumps those recorded last year, 160 companies, and in 2016, 105 IPOs.
In the second-quarter of 2018, over 60 companies went public which was the highest number in over 3 years. Companies raked in excess of $45.7B in the first 9 months of 2018, significantly up from $31.1B in the same period last year.
Here, we look at 5 of the highly anticipated IPO’s in 2019.
Uber is pitched as one of the most popular car aggregator globally. While its current valuation is around $72B, the company might be valued at $120B when it goes public in 2019.
Goldman Sachs [GS] and Morgan Stanley [MS] are leading investment banks that might take the company public. It will be interesting to see if investors line up for a company that has posted losses in every quarter since inception.
Total Funding: $23.85B
The Uber for vacation rentals and long-term accommodations, Airbnb is another unicorn that is eyeing an IPO next year. Airbnb has raised approximately $4.4B to date and is one of the most valued start-ups in the world.
Airbnb has been profitable on an EBITDA (earnings before interest, tax, depreciation and amortization) basis for a while now and is not burning money compared to other tech start-ups.
The company is eyeing an IPO and has set a goal of June 30, 2019, to be “IPO Ready”. Airbnb might generate sales between $3.5B and $4B in 2018.
Total Funding: $4.4B
Deliveroo is a UK-based company and is one of the country’s hottest and most valuable startups. Started by a former investment banker, the company is an end-to-end food delivery service that connects local restaurants with customers.
There have been talks about Uber acquiring Deliveroo to integrate the same with the Uber Eats vertical. Deliveroo is another company that might go public in 2019.
Total Funding: $1B
DJI is the largest drone manufacturer globally. It is dedicated to make aerial photography, filmmaking more accessible. DJI’s products are available in over 100 countries.
Earlier this year, DJI was planning to raise between $500M and $800M ahead of its stock market debut.
Total Funding: $105M
Lyft is Uber’s direct competitor and is locked in an IPO race. Earlier this year, Lyft raised $600M at a $15.1B valuation. JP Morgan [JPM] is in talks with Lyft to take the latter public as an underwriter.
Total Funding: $4.9B
Video: Compound Interest, Explained
3 Ways To Invest From Your Smartphone For Under $5
The numbers say 80% of millennials don’t invest in stocks.
Reason? Half say they don’t have money, one-third says it’s too early and another third says they don’t know how.
In addition to that, there’s demographic gap. “The average age of a financial advisor is 55,” said Douglas Boneparth, a New York City-based financial planner. “There are more financial advisors over the age of 70 than there are under 30.”
Despite these beliefs, you don’t really need much money, nor experience, to get started. (Just look at our fearless co-founder Odunayo Eweniyi and what she’s pulled off here)
Be that as it may, here are three ways to get started for $5 or less.
What: A micro-investment app (iOS and Android) with over 30 ETFs according to industry, sector and risk tolerance.
How it works: Download the app and choose your investment.
Minimum investment: $5
Cost: Fees range from $1 a month for accounts under $5,000 to 0.25% a year.
“We help people who don’t have a lot save money on a weekly basis,” CEO and co-founder Brandon Krieg said in one interview. “Stashers look like America, they look like people you meet every day: they are nurses and teachers and Uber and Lyft drivers.”
What: iOS and Android app.
How it works: Download the app and choose one of six index funds. When you buy, say a cup of coffee for $1.75, it rounds up the change to $2 and deposits the difference.
Minimum investment: $5
Cost: Just like Stash, fees range from $1 a month for accounts under $5,000 to 0.25% a year.
“We’re not trying to preach austerity to the client, because that’s a bummer,” CMO Manning Field says. “Some people will say, ‘Don’t have the cup of coffee.’ We’ll tell you to have the cup of coffee and invest along the way.”
What: A commission-free investment app (iOS and Android).
How it works: Download and start buying stocks.
Minimum investment: Whatever stock you want to buy.
And by the way, if you want to get a fast start on real estate, here’s Forbes’ list of nine REITs with yields between 8% and 10%.
CHART: How Blockchain Powers Bitcoin
Blockchain, Bitcoin. Bitcoin, blockchain.
The two terms go hand in hand—and have become almost ubiquitous with this year’s insane rise (and fall) of Bitcoin.
But what does it all really mean? How does it come together? In this week’s chart, our friends at CB Insights break down exactly how blockchain powers Bitcoin.