Q3 2019 Highlights
- IPO activity has been robust throughout 2019 and the trend continued in Q3 with a number of high-profile offerings (Cloudflare, Peloton, SmileDirectClub).
- 2019 has experienced record unicorn exit activity, with exit values through Q3 more than double every other full year this decade.
- Post-IPO stock performance of recent high-profile unicorns shows that hefty valuations aren’t always in the best interest of the company or its long-term investors.
- Fintech and healthtech accounted for more than half of U.S. IPO activity in Q3.