IPO decline showing the trend, cloud computing and big data replaced

Beijing time January 8, according to foreign media reports, the United States Web site MarketWatch published an article entitled Therese Poletti article. The article said that US tech companies' IPO (initial public offering) in 2013 remains a mystery to this day, and there seems to be a trend that the IPO of social media companies will decline, while on the contrary There is a good chance that the IPO of cloud computing companies and big data companies will emerge.

MarketWatch article reads as follows:

At the beginning of 2012, investors eagerly expected a large number of technology companies to IPO, especially Facebook-led companies. In the end, Facebook's share price disappointment turned to investors, and later social networking sites such as Groupon and Zynga fell and investors fell apart.

Now that 2013 has kicked off, as the environment changes, investors are no longer eagerly anticipating tech-industry IPO events. Social media companies are losing ground now, while cloud computing and big data companies are all on the rise, and the new US securities act will also reduce the public scrutiny (which is truly exciting news for companies looking to go public.) ).

In the past 2012, the IPO of some technology companies has also been successful. However, the most successful IPO of IPO still takes place in the field of enterprise computing such as Workday, a cloud-based human resources software company. The industry expects this trend to continue Continue this year. However, Scott Sweet, senior managing partner at IPO Boutique, a US initial public-equity consultancy, said: "Indeed, there are still a number of successful IPO scenarios following Facebook's IPO." Some investors and analysts Teacher's subjective thinking is not a catastrophic blow to the technology industry. "

After experiencing the 2013 New Year's holiday, everyone returned to work this week, meanwhile, investors are beginning to look to the future, but for now, to see a large number of tech companies doing IPO, It may still be very difficult. The U.S. presidential election in November last year and the industry's concern over the fiscal cliff in the United States at the end of last year all cast a heavy shadow on the IPO area at the end of 2012.

However, one more serious reason is that the U.S. Startup Business Promotion Act (JOBS) is in full swing. The act requires emerging companies to file a secret registration statement with the Securities and Exchange Commission (SEC), which also leads to the entire IPO Changes in circumstances have led to a decrease in IPO numbers. According to Lise Buyer, head of the Class V Group, an IPO firm that advises businesses, "There are still a large number of companies preparing to go public and a large number of companies are still filing confidential documents, but they are not in a hurry to show that Attitude is mainly due to the impact of the "Startup Business Promotion Act."

In fact, Workday was one of the first technology companies to launch the SEC secret filing system last fall in science and technology. Workday's IPO was so successful that as of Monday the company's stock price has risen 6.8% from its IPO price of the day.

According to Maha Ibrahim, an analyst with market research firm Canaan Partners, "You do not want the illicit companies going public, but the system is not good for those listed companies Factor. "Companies submitting confidential information will be able to test the water. Maha said: "These companies will therefore be able to get one or two quarters to get to know their business, and if anything is found, they can choose whether to continue going public."

In addition, it also makes investors expect tech companies IPO more difficult. Last October, for example, Bloomberg reported that Violin Memory, an enterprise data center flash designer, had submitted an IPO application under the US Startup Business Initiative Act, which was valued at about $ 2 billion. The company did not make any complaints, but it also declined to comment on the matter. Whether Violin Memory and the U.S. regulators are ready to go public, investors also need to study all public documents.

Those who want to be able to agree on a proposed company and the SEC will have to look at some of the previous records, not just the company's roadshow prior to the IPO. Groupon IPO is the best example.

Groupon's listing is good or bad, is still controversial. Buyer said: "There is no doubt that investors have learned a lot of Groupon-related circumstances, as well as the company in dealing with the SEC face a huge challenge investors see these disputes, it is simply ridiculous."

As a result, in the first half of 2013, the IPO market will still be filled with speculation that speculation will persist until a company truly delivers its first listing document to the SEC. Currently, the industry generally believes that the company most likely to file an IPO first will come from companies in the corporate computing arena like Workday, and social media companies may have lost popularity.

Although some people predict Twitter may be listed in 2013, but some people think that will not see this situation. For example, Anand Sanwal, co-founder and CEO of CB Insights, said: "I've heard that Twitter may not be available until 2014. There may still be some issues with Twitter's advertising model, and Facebook Facebook has taken a huge toll, especially for social media companies. "

Sanglier predicts: "The companies likely to IPO in 2013 will include cloud computing companies, big data companies and data center technology companies such as Box Mobile Data Storage, Palantir data analysis software and cloud storage and sharing services company Dropbox Wait."

Market analyst Kline claims he believes investors will see some of the company's listing documents by the end of January this year.