With startup pileup, 2016 tech IPOs will face tough investors

domainking131

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The backlog of closely held technology and Internet companies has piled up, with more than 144 valued at more than $1 billion, research firm CB Insights said in a recent report. That $1 billion mark turns private companies into unicorns, named after the mythical creature that founders and investors are always chasing.

For the most part, technology companies avoided the public markets in 2015, with the help of large private funding rounds that totaled $51 billion, CB Insights said. That’s more than six times the $8.26 billion raised in U.S. tech and Internet public offerings in the year — the widest divergence since at least 2000, according to data from CB Insights and Bloomberg.


More about startup and their valuation may be found in this article


If you are an Entrepreneur or investor, this is a great article to read!
 
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