2019 Could Be a Record-Breaking Year for IPOs, With Valuations Topping $100 Billion [Fortune]
General Motors Company (GM)
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Source: Fortune
By Natasha Bach 10:55 AM EDT 2018 was a big year for IPOs—but 2019 is on track to be even bigger. There have been 173 IPOs this year through the end of September, according to PwC data reported by Business Insider , raising $45.7 billion. That figure is 46.5% greater than the same period last year and more than three times that of 2016, reports BI . With massive tech companies like Uber and Lyft preparing to go public as early as next year, though, 2019 could see valuations reaching as high as $100 billion . If all the expected candidates follow through, it could be a record-breaking year, reports The Wall Street Journal . The big three expected for next year are Uber, Lyft, and Palantir. Uber could be valued at as much as $120 billion , which is higher than the valuations of Ford , General Motors , and Fiat Chrysler combi
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