Zoom CEO Eric Yuan, center, celebrates the opening bell at Nasdaq as his company holds its IPO, Thursday, April 18, 2019, in New York. The videoconferencing company is headquartered in San Jose, Calif.

A new report from The Wall Street Journal found more companies worth $10 billion or more have gone public in the first half of 2019 than any other time since the height of the 2000 tech bubble.
Already in 2019, six “decacorns,” or private venture-backed companies with valuations surpassing $10 billion, have made their public market debuts.
In 2000, several decacorns also went public, including the infamous online retailer Pets.com, just months before the dot-com bubble infamously burst.
Here are all the decacorns-gone-public of 2000, and how they compare to this year’s crop.
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Silicon Valley’s bubble may not be ready to burst — but if history is any indication, it may very well have started deflating.

According to a new report in The Wall Street Journal, more private venture-backed companies valued at $10 billion or more, dubbed “decacorns,” have gone public in the first half of 2019 than any other time since the height of the great dot-com bubble in 2000.

Companies like Lyft, Uber, Pinterest, Zoom, CrowdStrike, and Chewy have already raised billions in respective IPOs over the last six months. For comparison, …read more


Source:: Businessinsider – Finance

      

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