The previous year brought us some big news in the world of initial public offerings, like Uber Technologies Inc (NYSE: UBER), LYFT Inc (NASDAQ: LYFT), and Beyond Meat Inc (NASDAQ: BYND). Even though 2020 is drastically different than any other year in modern history due to a global pandemic, it is also a year in which many perspective companies are expected to transfer from the private to the public market. Some of those “gems” are worth billions or tens of billions of dollars, and many investors are looking forward to taking a piece of that action. Perhaps the most eagerly awaited IPO is by Airbnb which filed to go public on Monday.
Snowflake Inc (NYSE: SNOW), the cloud-based data warehousing company, allowing its users to store, share and transfer data between multiple platforms like Microsoft Corporation’s (NASDAQ: MSFT) Azure, Alphabet Inc‘s (NASDAQ: GOOG) Cloud, Amazon.com, Inc.’s (NASDAQ: