{"id":6059,"date":"2022-09-01T15:54:06","date_gmt":"2022-09-01T15:54:06","guid":{"rendered":"https:\/\/marc.deschenaux.com\/?p=6059"},"modified":"2022-09-01T15:58:07","modified_gmt":"2022-09-01T15:58:07","slug":"2019-ipo-market-better-than-the-headlines","status":"publish","type":"post","link":"https:\/\/marc.deschenaux.com\/de\/articles\/2019-ipo-market-better-than-the-headlines\/","title":{"rendered":"IPO-Markt 2019: Besser als die Schlagzeilen"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"6059\" class=\"elementor elementor-6059\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e5c508 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e5c508\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-213c791\" data-id=\"213c791\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-926e456 elementor-widget elementor-widget-text-editor\" data-id=\"926e456\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The long-awaited debuts of mega unicorns Uber and Lyft were mega busts, capped off by WeWork\u2019s kamikaze IPO attempt in September. But beyond these headline-grabbing disappointments, the IPO market had a mostly good year. Returns averaged 20%, with 159 IPOs raising $46 billion in proceeds. Biotechs remained the single most active sector, followed closely by technology. While tech unicorn Slack failed to hold up after its direct listing, fast growing software makers with a clear path to profitability like Zoom Video and Bill.com had strong trading with traditional IPOs. High growth consumer names had mixed receptions, with Beyond Meat soaring while Peloton and SmileDirect suffered. Blank check IPOs were active, with Virgin Galactic successfully going public from a SPAC acquisition. Entering 2020, the IPO backlog of billion-dollar companies is larger than ever, underpinning another fairly active year.<\/p><h3>Key Takeaways:<\/h3><ul><li>US IPO Count Falls to 159, Proceeds About Flat<\/li><li>IPOs Average a 20% Gain, Driven by Strong First-Days and Several 200%+ Returns<\/li><li>Renaissance IPO Index Returns 34%, Outperforming the Broader Market<\/li><li>9 IPOs Raise Over $1 Billion, with Listings from Mega Unicorns Uber, Lyft, Pinterest, and Slack<\/li><li>Healthcare and Tech Dominate IPO Activity for the Fifth Straight Year<\/li><li>2020\u2019s Massive Backlog Will See Excitement for Some and Down Rounds for Others<\/li><\/ul><p><a href=\"https:\/\/www.renaissancecapital.com\/Review\/2019_US_Review_Public.pdf?utm_source=email&amp;utm_campaign=2019review&amp;utm_medium=email&amp;inf_contact_key=8fdca62d1f587fbcd98151f988e430c716358d5485884e2f31e6019a0d26c8b0\"><strong><em>View the original Article<\/em><\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Die lang erwarteten Deb\u00fcts der Mega-Einh\u00f6rner Uber und Lyft waren Mega-Pausen, gekr\u00f6nt durch den Kamikaze-IPO-Versuch von WeWork im September. Aber abgesehen von diesen schlagzeilentr\u00e4chtigen Entt\u00e4uschungen hatte der IPO-Markt ein gr\u00f6\u00dftenteils gutes Jahr. Die Ertr\u00e4ge beliefen sich im Durchschnitt auf 20%, wobei 159 IPOs Erl\u00f6se in H\u00f6he von $46 Milliarden einbrachten. Biotechs blieben der aktivste Einzelsektor, dicht gefolgt von \u2026 <a title=\"IPO-Markt 2019: Besser als die Schlagzeilen\" class=\"read-more\" href=\"https:\/\/marc.deschenaux.com\/de\/articles\/2019-ipo-market-better-than-the-headlines\/\" aria-label=\"Mehr Informationen \u00fcber 2019 IPO Market: Better Than the Headlines\">Weiterlesen<\/a><\/p>","protected":false},"author":1,"featured_media":6061,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":3,"footnotes":""},"categories":[3,49],"tags":[],"class_list":["post-6059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-beginners"],"_links":{"self":[{"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/posts\/6059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/comments?post=6059"}],"version-history":[{"count":0,"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/posts\/6059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/media\/6061"}],"wp:attachment":[{"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/media?parent=6059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/categories?post=6059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marc.deschenaux.com\/de\/wp-json\/wp\/v2\/tags?post=6059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}