The 2020 calendar 12 months will lengthy be remembered as an annus horribilis for many, aside from a handful of know-how corporations who reaped the rewards of a world shift to distant work with  profitable preliminary public choices (IPOs).

US corporations alone raised a file $435 billion in inventory gross sales in 2020, with greater than 1 / 4 of that determine coming from IPOs — far outstripping 2014’s mark of $279 billion, in accordance with information compiled by Bloomberg. The overwhelming majority of these new listings outlined themselves as know-how corporations.

Cloud-based software program corporations like Zoom, Snowflake, Asana, Airbnb and Palantir all carried out notably effectively, and proceed to see their inventory worth flourish as distant work and e-commerce proceed to be the norm for a lot of into 2021.

The query now could be whether or not this development will proceed via the 12 months. There are a bunch of corporations eying an early debut in 2021 to benefit from favorable circumstances. However, as with all market debuts, timing can be every little thing, with plenty of trade analysts more and more warning of a bubble.

Listed here are the most important know-how IPOs of the 12 months thus far.

Qualtrics

Utah-based software program firm Qualtrics went public on Jan. 28, simply two years after its $8 billion acquisition by German software program big SAP on the eve of its first deliberate IPO in 2018.

Copyright © 2021 IDG Communications, Inc.

By Rana

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