The year 2022 is yet to begin, but some companies about to go public are already predicted to skyrocket. We hope that next year's IPO market will please the investors. Let's take a look at which issuers' assets may be of particular interest.
Starlink offers high-speed satellite Internet services even for the most remote locations around the globe. Uninterrupted operation will be provided by 4,000 satellites. By November 2021, 1,842 satellites will have been put into orbit.
Elon Musk announced the project in 2015 and already, in 2020, made it clear that an IPO is a must. The amount of investment in Starlink exceeded the figure of $10 billion. Musk is keeping an eye on the financial indicators, because the date of the company's IPO depends on them.
Starlink has a capitalization of $72 billion in 2021 and a total planned investment of $20 billion in the project.
ByteDance, as part of the fight against American sanctions, set up a new venture, TikTok Global. It was given all the rights and the code of the application of the same name to organize work in America.
Already now the American segment of TikTok users amounts to 200 million people. The prospect of attracting well-known organizations to launch marketing campaigns is open.
Oracle and Walmart became the owners of shares in the new company. Management positions were taken by US citizens. The date of the upcoming IPO is still open. Preliminary valuation of TikTok is $50 billion.
Reddit is an online platform that has become popular due to its discussion communities. It is one of the top 20 most visited sites in the world. Here, users can leave anonymous messages, discuss any topic, and vote for their favorite comments.
Reddit is visited by approximately 52 million users daily. The company is valued at $10 billion, but plans to reach $15 billion by the launch of its IPO.
Reddit is actively preparing to go public - investment bankers and lawyers are dealing with IPO preparation issues.
Discord Inc. offers users a free messaging service with access to voice and video conferencing. The application was originally developed for gamers, so the emphasis was placed on low resource consumption. Now, Discord works on different platforms - Windows, iOS, Android and in the browser version. The total audience of the messaging service has exceeded 140 million users.
Discord Inc. is valued at $7 billion, but Microsoft offered $10 billion for the company. The deal did not go through. Since the spring of 2021, active preparation for the upcoming IPO has been underway; the first CFO has been appointed for this purpose. The IPO date is still open.
Instacart is an online grocery delivery service that is ranked third in the US after Walmart and Amazon. The number of customers has increased significantly due to the pandemic. According to forecasts, Instacart's valuation could reach $30 billion by the start of the IPO.
The placement date has been tentatively moved to 2022-2023. Instacart has decided to focus on increasing market share coverage.
Stripe is an online payment service. The company is justifiably called the most expensive in Silicon Valley, and it is among the top 12 influential startups of the past decade.
The service serves thousands of customers worldwide, including Target and Zoom, which gained popularity during the pandemic.
Stripe is in no hurry to announce an IPO date, but analysts are betting on 2022, based on financial results.
Klarna is one of the world's largest digital banks, and a privately held European fintech company that offers deferred payment arrangements for a range of retail products. This trend is in demand, especially with the onset of the pandemic.
The Swedish company operates in more than 20 countries. Some 90 million people have already become users. The company's current valuation is $46 billion. To attract investment, Klarna's management is considering an IPO with a high probability of going public in 2022.
Chime is one of the largest digital banks in the U.S., with a valuation of $14.5 billion. The company began to gain momentum amid the pandemic with customers switching to an online format for dealing with financial institutions. The advantage of Chime is that it’s a user-friendly app, notable for its ease of use.
The company is actively preparing for the launch of IPO, all the preparatory work has already been done. The exact date of the offering is still open.
Databricks, the company that provides the best data storage, offers an open and unified platform for storing information and running artificial intelligence.
Today, more than 5,000 organizations worldwide, including ABN AMRO, Condé Nast, H&M Group, Regeneron, and Shell, entrust their data to Databricks to provide development, lifecycle collaboration, and business intelligence.
The company's representatives are not yet giving any information about the exact date of IPO, but an active preparation for the start of the offering is underway. Preliminary valuation of Databricks has amounted to $28 billion.
Impossible Foods is a large American company that develops and produces plant-based vegan products. The organisation entered the market with a meat substitute and a hamburger, which became popular with customers. Impossible Foods is now working on a line of dairy products.
The demand for healthy food and plant-based foods is growing every year, making the vegan niche a high demand. Impossible Foods is already valued at $8.4 billion, but could be worth as much as $10 billion by the time of its IPO. The company's IPO date is not yet known.
One last thing...
In addition to the companies mentioned above, there are other anticipated debuts that will shine in 2022. These include Mercury Retail Group, Sotheby's and others. We will be sure to announce the launch of new noticeable and promising IPOs in the newsletter.