2024 Tech IPO Pipeline Slows
This is a Shein news story, published by TechCrunch, that relates primarily to Klarna news.
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•From Skims to Stripe, here are the startups that are likely — or definitely — not having IPOs this year | TechCrunch
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This year is still on track to be better than 2023 , and we’ll likely see a few more public filings throughout the year .
Companies including Klarna and Shein have engaged with bankers and seem close the line, but their IPO timelines are still murky.
Some CEOs of late-stage startups have directly stated they won’t IPO in 2024 .
AI cloud platform Databricks isn’t likely on the docket for 2024 either.
The company raised a fresh $500 million in capital last fall in a Series I round that valued the startup at $43 billion .
Co-founder Cliff Obrecht , the husband of Canva CEO Melanie Perkins said in March that an IPO would be at least 12 months away.
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