As Wall Street preps for huge IPO year, will any Seattle companies go public in 2019?
January 2, 2019
Well-funded tech giants could produce an epic 2019 for tech IPOs. But will any Washington-based companies make the leap?
Possibly not, as higher-profile brand names such as Uber and Airbnb take center stage on Wall Street.
Bill Bryant, a Seattle-based partner with venture capital firm DFJ, said the “IPO goal posts continue to push out” as investors demand higher revenues and growth metrics. As Bryant sees it, there aren’t as many well-qualified candidates in the Seattle region compared to 2018, a year which saw Avalara, DocuSign, Smartsheet and nLight go public.