Additionally, the article notes companies like Shein, General Atlantic, and Oyo, which have been attempting to go public since 2023. Shein faces challenges due to scrutiny over its supply chain, while General Atlantic has not provided updates since its 2023 filing. Oyo plans to refile in 2025 after previous attempts fell through. The article is authored by Charles Rollet, a senior reporter at TechCrunch, known for his investigative reporting on tech companies.
Key takeaways:
- The tech industry is optimistic about more companies going public in 2025, driven by regulatory changes and successful IPOs like ServiceTitan.
- Several companies, including eToro, Voyager Technologies, and Karman Holdings, have confidentially filed for IPOs in 2025, with valuations ranging from $100 million to $5 billion.
- Companies like Chime, Klarna, and Genesys have been preparing for IPOs since 2024, with valuations reaching up to $25 billion.
- Shein and General Atlantic have faced challenges in their IPO plans since 2023, with Shein encountering regulatory scrutiny and General Atlantic lacking public updates.