After a wave of IPO filings in November, a rush of companies will go public right after Thanksgiving.
And the latest hot IPOs include Airbnb, DoorDash, Roblox and Wish.
Some 44 private companies made IPO filings in the first three weeks of November.
The IPO filings brings the current IPO backlog to 150 companies. Combined, these companies expect to raise $32.6 billion from investors.
Last week saw new S-1 IPO filings from four technology companies. Each of these companies is thriving in 2020. And these companies have been winners even during the challenging economy.
So, let’s dig into the four biggest IPOs for December.
Airbnb provides a platform connecting homeowners and renters. It’s ideal for people looking for a short-term rental. During Covid, the company pivoted from focusing on city rentals to local getaways.
The company plans to go public in December with a $30 billion valuation. And the IPO is expected to provide $3 billion in financing to fund future growth.
DoorDash is the #1 meal delivery service in the U.S. The company connects consumers with restaurants and provides delivery of meals. There are 390,000 restaurants on the platform. And 1 million delivery contracts service over 18 million consumers.
The company plans to raise $2 billion in equity from the IPO. DoorDash raised capital this summer at a $16 billion valuation. And its IPO valuation is expected to be $25 billion, according to the Wall Street Journal.
Roblox is a gaming platform for kids. The company makes free games that include in-app purchases. Roblox has benefitted from more kids staying at home during the pandemic. That’s translated into 91% growth in sales during the last three months.
Roblox plans to raise $1 billion from investors in a December IPO. The valuation at the time of the IPO is expected to be around $8 billion, according to Reuters.
Wish is an e-commerce company that provides discounted and unbranded goods directly to consumers. Most of the products are from 500,000 merchants – many located within China. And over 100 million users are actively buying items on the platform.
The company is benefiting from increased e-commerce use – and saw sales jump 33% last quarter. Wish expects to raise $1 billion from investors at a $25 billion to $30 billion valuation, according to the Financial Times.
Most folks will WAIT for these stocks to go public.
However, early investors are already scooping up private Pre-IPO shares. This allows them to build a sizable stake BEFORE a stock even files with the SEC.
This Pre-IPO secret is already being used by Wall Street banks and Silicon Valley venture capital firms.
Plus, billionaires including Bill Gates . . . Jeff Bezos . . . Richard Branson . . . Peter Thiel and dozens of other investors
Today is your chance to grab the next hot Pre-IPO. And you could soon be looking at gains of 690% in 2021.
Yours in Wealth,