At the start of 2021, Reddit had 52 million daily active users, and in the second quarter, it earned $100 million in advertising revenue, nearly triple what it earned in the same period a year prior.
Reddit filed confidentially to go public in December 2021, meaning that, barring unforeseen circumstances, the wildly popular message board site will go public in 2022. The company’s valuation has been “mooning” in recent years, advancing from $3 billion in 2020 to an August 2021 funding round that pegged the company’s worth at $10 billion. Reddit is virtually guaranteed to be one of the most anticipated upcoming IPOs to watch in 2022, as the social media platform uses the cachet it earned from 2021’s meme stock frenzy to get a taste of Wall Street itself. Potential 2022 IPO valuation: More than $15 billion By September, the company raised $500 million at a $15 billion valuation. ( MSFT) would acquire Discord, fell apart in April 2021.
It ended up being serendipitous that a deal worth at least $10 billion, in which Microsoft Corp. It boasts 150 million monthly active users, and revenue nearly tripled in 2020, jumping to $130 million from $45 million the prior year. The company has certainly captured mainstream attention: A favorite of gamers and cryptocurrency projects, the young-skewing app reportedly doubled its users in 2020 as the pandemic forced people to connect online. Here are 10 of the most anticipated potential IPOs to watch in 2022.Īlthough a 2022 IPO is unconfirmed, chat app Discord is considered a contender to tap the public markets in the coming year. But there’s still appetite for a number of private companies yet to take the dive, whether they opt for a traditional IPO, a direct listing or the special-purpose acquisition company, or SPAC, route. ( HOOD) were some of the year’s most notable debuts. Yes, a record-setting 1,000 companies went public in 2021, raising $315 billion as of late December - and smashing the previous record of less than $200 billion. Over the past year, a number of hot companies underwent initial public offerings, but that doesn’t mean investors looking for the best new upcoming IPO in 2022 have nowhere to turn. Business & Finance Click to expand menu.
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