The recent poor performance of many tech initial public offerings is likely to slow the drumbeat of new listings this year. Still, we expect dozens of highly valued startups to go public, including design app Canva, crypto exchange FTX, consumer banking app Chime and delivery startup Gopuff.
These new offerings would aim to take advantage of investor appetite for tech stocks, which continue to be one of the market’s best-performing sectors despite a selloff late last year. A tougher market could cause companies to postpone plans of going public or temper the size of planned offerings. Below, we profile two dozen companies we expect to make their debuts this year.