IPO market

Can Snap Revive the Slumping Tech IPO Market?

Today’s IPO of Snap marks the largest tech company IPO since Alibaba made its stock market debut in 2014. The parent company of Snapchat raised $3.4 billion at a $24 billion valuation, thereby single-handedly beating the 2016 total for U.S. tech company IPOs.

As our chart illustrates, 2016 was a very slow year for tech IPOs in the U.S. and internationally. Both in terms of IPO proceeds and the number of offering, the past year marked the worst in the current decade. A weak stock market at the beginning of the year combined with uncertainty over political developments (Brexit, U.S. election) made for an unfavorable climate for IPOs, which caused many startups to hold off on going public.

If Snap’s IPO goes well, it could jumpstart the IPO market, as other IPO candidates might take the plunge themselves after Snap tested the waters.

Description

This chart shows how the global market for tech IPOs has developed since 2010.

Download Chart
Premium statistics
Size of IPOs globally 2020-2023, by region
Premium statistics
Distribution of IPO proceeds by stock exchange globally 2023
Premium statistics
Underwriters of largest IPOs globally 2024
Premium statistics
Number of IPO deals worldwide 2017-Q1 2024
Premium statistics
Yoy change of IPO proceeds globally 2023, by region
Premium statistics
Opinion on right time for Indian startups to Initial Public Offering FY 2025

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information